Here’s one to get you fired up on a blustery Sunday afternoon - 

The Homeowner Affordability and Stabilization Plan (HASP), announced in Phoenix on Wednesday by President Obama, which will help up to an estimated 9 million families, is a good first step – and the first serious effort by the Federal government to confront the challenge. But just because there was an announcement does not lessen the urgency of the problem. We are still in a situation where four families every minute enter the foreclosure process. We believe there must be a moratorium on foreclosures until HASP is fully implemented.

So yesterday we at ACORN launched the Home Defenders campaign in seven cities – a campaign to force the question of moratoriums and to press the urgency of this crisis into the consciousness of elected officials on the state and national levels. This is a campaign of refusal and resistance, refusal by distressed homeowners to cooperate with the foreclosure process and resistance to attempts to evict them from their homes. And in some cases it is a campaign of getting people back into their homes.

So says Bertha Lewis, CEO and Chief Orgainzer (?), ACORN, and I suggest you read the rest:

More BS at HuffPo

Apparently, “the people” have decided its time to take back their homes – or rather, the homes they cannot afford but would like to live in, as long as the rest of America would just foot the bill.  And it’s not enough that their Dear Leader is in the midst of unveiling the legislation that will save us all from impending foreclosure – was it four families every minute?  They have begun a crusade in which they will liberate foreclosed properties from the banks that own them, and return them to the families that have been put out.  

Um, isn’t this illegal?  Are we still going to give billions of dollars of taxpayer money to an organization that is actively participating in “a campaign of refusal and resistance”, meaning breaking the law?  Shouldn’t we be the ones performing acts of civil disobedience?  Shouldn’t the government that is handing money to these felons investigate this organization and their actions?  Oh, wait, they already are.

Like you surely are now, I blew my stack (figuratively) when I read this.  I’m not too happy with the mortgage we have, considering we are currently “upside down”.  But we still pay it because we recognize the value in doing so.  If something should happen where paying it becomes impossible, we will walk away a little bit wiser, and not take the fixtures with us.  Now, I suppose we could just run on down to the nearest office and apply for one of those “new mortgages”, you know, the ones where the bank just magically agrees to reconfigure your balance to 50-70% of the original cost – but I hear those are few and far between.  So, silly us, we just keep paying what we owe because we know that eventually we will come out on top.  Unless, of course, the Obama admin. insists on propping up an inflated housing market and doesn’t allow the correction to occur.

Would someone please pull Bertha aside and explain some basic math to her?  2 + 2 never equals 100.  And you can’t afford to buy a home if you can’t afford to pay for it.  For all she goes on and on about the greed on Wall Street, this looks surprising like a lot of greed on her street.  Owning a home is not a civil right.  It is a responsibility.

H/T - HotAir

UPDATE:

Here’s the info I was looking for.  Even with modified loans, these home-borrowers still default.

Thank you RedState

And even more today, Monday, at Michelle Malkin

OMG, it just gets better and better.  ACORN rep arrested.

Joe Cox, a community organizer for ACORN in Baltimore, said Monday’s arrest was not a surprise.

“We definitely expected some kind of a response,” Cox said. “We understand people have to do their jobs and we hope that they understand that we’re doing this to highlight the issue.”

Cox said he expects homesteading — refusing to vacate a foreclosed property — will become common as blame for the foreclosure crisis increasingly shifts from homeowners to financial corporations.  (emphasis mine)

 

And better and better.  Here’s the video of Stu Varney interviewing Bertha Lewis, courtesy of HotAir.  Brilliant!  Worthy of Santelli.  Be sure to check out Bertha’s comment at the 3:15 mark – “I wish we could force banks to our will.”

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