It was more than sobering to see a Sheriff’s Commissioner’s Sale notice on a house in my neighborhood today. In all my years I’d never seen one on a property near me. (and yes there certainly have been those sales throughout the years)
I’m not sure if it was a case where this person got sucked into one of those horrible ARM (Adjustable Rate Mortgages) or if there was a job loss, bad decisions or bad health… The property was evidently financed by Citigroup Financial. But, I don’t any of the particulars of this situation.
It was however a sharp kick in the stomach to remind me just how bad things are for what used to be a middle class in the United States.
It does sicken me to see the media just spin a lot of the bad situations as a mortgage crisis. It’s just not that simple. And certainly I know how bad the job market is and has been for at least the last 10 to 15 years.
And certainly when 12 million of anyone invades the country and further loads down an economy that already was predicting that the next generations won’t have medicare, pension or retirement… …. that I see an elderly parent and relatives count on for survival….
Then to further have to listen to someone like Bill Clinton and Bill Gates and others blather on about what they are “giving back”…. except it’s in some other country….(not usually the one that raised them up…by the way)
Yeah the whole evil mess just leaves me with a pit in my stomach…. and my prayers go out to that family…
This is no longer politics.
Miscellaneous 