I was listening to Rush a couple of days ago and with respect to the ongoing mortgage crisis, he’s been having fun with a certain word that irks this Republican: deadbeats.
Well, you better study this before we do that because if you study what’s already been done you get results that are somewhat surprising. What we’re learning is that deadbeats don’t pay. Wow! Deadbeats don’t pay, even when you make it easier for deadbeats to pay, they stiff you. The results are somewhat surprising. Over half of reworked mortgages seem not to be working after six months, and Dugan said, “We don’t know the answers yet, but these are the types of questions that we have begun asking our servicers in detail.” They weren’t paying, and so we’re going to come and we’re going to ride in on a White House horse, and we’re going to be the good guys.
So much for compassionate conservatism.
We care. We understand affordable housing. We’re going to make it easier for you to pay off what you couldn’t pay in the first place, and we get great credit for being compassionate, loving and concerned. And we’re going to make it possible for you to stay in that $300,000 house, even if the window company you work for goes bankrupt. And we make it easier and you don’t pay, and we don’t know why, when you weren’t paying in the first place. You forget your end of the bargain? We’re here to make ourselves look good, and you’re making us look bad by being who you are.
With all due respect to Rush, not all people in trouble are “deadbeats”. Not to turn this into a class warfare discussion, but he can buy our very modest home hundreds of times over.
While we stand to lose ours in January, it wasn’t because I decided to hang out all day, drinking Budweiser and watching Oprah. As many of you know, I lost my job last May, my resume (and age) makes me “overqualified” for almost everything I’ve apply for, our present national economic climate isn’t helping, and mortgage companies now want proof of income amounting to more than that when one originally bought the home. Does this make us deadbeats?
I understand Mr. Limbaugh is in the business of entertainment and using certain buzzwords make for good radio, but many people have fallen on genuine bad times and hearing him go off on everyone not able to buy a home in cash as lower than dirt is disappointing. Some of us “deadbeats” have been a loyal part of his audience for years and if we have no place to listen to his show, that could come back and bite him.
Just an opinion.
Lets all pony up some cash for our favorite deadbeat! =D
Seriously tho, I think we could all agree that your circumstances are exceptional Bob, and the ones he is referring to are those who *Deliberately* lived outside of their means.
Also, remember that Rush and most of those of us who think like him, and believe that there is an all out war withing the republican party between the establishment bluebloods, the evangelicals and the ideological conservatives, believe that “compassionate conservatism” is liberalism lite. It was the distinctive “George W.” brand of koolaid, and a lot of conservatives were suckered into enabling one of the largest expansions of federal power in the history of the US under the auspices of that feel-good mush mouthed code.
Meanwhile, I can’t get a donation to go through at work and look like a jackass for not putting my money where my mouth is =/
Let’s remember that quite a lot of the people being deadbeats are not average Joes (or Bobs), they’re these men and women who bought houses so they could fix them up and resell them. As soon as things went south, they started bailing on their mortgages. And when the first bailouts were announced, they were the first with their hands out demanding money.
….and the 2nd mortgages on vacation homes. I wonder: Can we blame HGTV and TLC channels for the house flipping craze?
Although I truly believe Rush was using that word figuratively, rather than literally … having said that … your point is well taken. I too listen to Rush, now and then, and for the most part agree with him.
After tremendous success over 30 years in Corporate America, much like in your position Bob, I became overpriced, overqualifed and overaged.
Today, in my forced retirement, one could call me a “Deadbeat.” But I’m sure you’d agree, guys like us are working harder now than we ever were before.
Jimmy Lewis
SCS, Michigan
Blog: http://rougerevival.blogspot.com/
I listen to Rush, too. His delivery is at times uncharitable. But the left is 100 times worse than he is, so I just forgive Rush, because he says a lot of what I believe. I think he meant “deadbeats” in the people without morals and who take advantage of the system.
Dear Bob,
My husband and I are where you are: loss of his job, too over-qualified for most things. Add two major surgeries without health insurance and our entire life savings were wiped out. We are crawling back up from the pit, nearly reaching the lip of the pit now. Life goes on. Our house is very small so we are not losing it. But so far, God has kept us fed. No bail-out or government hand-out for us, just lots of help from family and church, the way things should be. I can still stay home to homeschool the children and not have to turn their formation over to the public government.
I lost everything once before when my family escaped communists to come here. It just makes a person stronger. It is people like us who do not blame their circumstances that keep this precious country moving. Remember that our reward is not from this earth. This is only our temporary home.
Bob, don’t take it personally. He’s not talking about guys like you. There’s a hell of a lot of difference between you losing your job and people that were either trying to game the system, people trying to make fast cash, and those that just bought houses they had no business buying. I do a lot of work in the business, and believe me, the amount of fraud and outright stupidity is staggering. Numbers you will never hear or see on a governmental release.
Thank you all for the support.
Hoss, it’s hard not to take it seriously when you’re driving back from a clinic with a woman you’re trying to keep calm in this situation, just to hear the man you revere going off on people who may also be like us (albeit the reasons may differ).
I understand, Brother.
Good on you Bob. Sorry to hear that you are hurting over the way RL expresses himself. I sometimes wonder if his way … is the best way and feel that some of his comments are a little too crass. If Rush hurt one person in healing the rest, then his mission has not been accomplished. One thing though Bob …Your feelings of anger and hurt have brought to the fore one unassailable point, that: You have friends here at B&R. Friends who think and act as you do and who will offer more than kind words or offers to wipe a troubled brow.
Mac
Trust me when I say you are not a deadbeat Bob.
What we could do, if it were possible to do so the way things play out in government is: lower taxes (in my opinion get rid of them all together, we can dream right?), get rid of the regulation that keeps newcomers from getting into the field (in every part and also in my dreams get rid of regulation all together) and actually back our money on something other than government promises we know never come through (now we all know that’s a pipe dream).