Family Loses 'Extreme Makeover' Home To Foreclosure For STUPIDITY

Discussion in 'Current Events' started by Paulie, Jul 30, 2008.

  1. Paulie
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    Paulie Gold Member

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    'Extreme Makeover' Home in Foreclosure - The Home Front (usnews.com)

    I remember seeing this episode, actually. Not just the TV show's crew, but a massive amount of volunteers, including the city's mayor, helped build the home for this family in 6 days, after they demolished their old home and faulty septic system.

    I can't believe these idiots had the audacity to take something like this gift given to them for free, and mortgage all that money against it.

    Editec, this is just one shining example of fiscal stupidity in this country. $450,000???? Are you fucking kidding me??

    Fucking MORONS.

    Hey, let's bail them out for the SECOND time, what do you think? I volunteer my tax dollars. Anyone else with me?
     
  2. Ravi
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    Ravi Platinum Member

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    What was the market price of the house estimated at?
     
  3. busara
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    busara wanasiasa wapumbava

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    i was making fun of these people yesterday. they made an extremely stupid decision and are paying the price for it (losing their house). but it is being made out to be a tragedy. ughh
     
  4. Jeepers
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    Jeepers Senior Member

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    I cant fault em for trying to make a better life... maybe next time they'll put a little more thought into it...
     
  5. manifold
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    manifold Gold Member

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    Anyone know which ethnic group this guy represents?


    Just curious, that's all.
     
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  6. Ravi
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    Ravi Platinum Member

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    Right? I'm not sure why the great Libertarian Pauli is slamming them all over the place.
     
  7. Paulie
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    Paulie Gold Member

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    You've got to be kidding. These people were given a brand new house for free, with the sweat of many volunteers from the community helping out graciously, to get the project done in 6 days.

    They turn around and mortgage the property to take a business risk for $450,000. Not $10,000, not $50,000 even, but somewhere in the neighborhood of the house's entire value.

    That's not only disrespectful to the people who busted their ass for that family, it's also fiscally ignorant and STUPID.

    In a time when people are losing their homes when they are actually TRYING to keep afloat, these people squander something GIVEN to them, that so many people are having trouble even holding on to.

    I'm not sure what that's got to do with me being a libertarian, either.

    Trying to make a better life? Tell that to the people who are being put out on the streets right now, or to the people who would just like to be able to even OWN a home to begin with. Ask THEM what a "better life" would be.
     
    Last edited: Jul 30, 2008
  8. manifold
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    manifold Gold Member

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    People very often squander what they are given and seldom what they earn. Isn't that the philosophical basis for opposition to welfare, and socialism in general?
     
    Last edited: Jul 30, 2008
  9. Ravi
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    Ravi Platinum Member

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    Is it the entire value? I'm not sure. It could easily be worth a million. Couple of years ago the market value of my house was way the hell up there and it looks like a shack compared to the picture I saw of theirs.

    They tried to start a business and they failed. Not a sob story or a reason to demonize them.
     
  10. Ravi
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    Ravi Platinum Member

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    True, and why you should never given the needy too much, right?

    Funny thing is, if these people had started a successful business they would have been great American heroes. :rofl:
     

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