Fannie Mae and Freddie Mac. No not your next door neighbors no these guys are neighbors all right but to all the investors of the world. PRIVATE business who now will be propped up with tax payer dollars and funny money produced by the Federal Reserve. Why, no choice or they will go under just as Bears Sterns was heading. Our blood, sweat and tears, plus dollars to prop up the big money boys. Why, because it all comes tumbling down if this doesn't work.
Please don't think they are there to help people. I can tell you first hand there is no help for the non Credit Worthy, non Responsible types like average Americans. They never ever speak to that but hide it, secretly, so that few ever hear or find out about it. That is unless some unknown like myself writes to it and then only a few get to read it. The rest, well in never land, only believing what they want to. No they as much as anyone control the Mortgage and Investment Industry all over this world and they are in my opinion a major player in the housing fiasco. Yes and if they fail it all comes tumbling down if this doesn't work.
You see your Banker in many cases sells your debt to one of these two. That means your bank, who may really want to help you stay in your home, have their hands tied by these corporate giants, private business, no not government as many may believe. No these are private owners, investors that own 50% of all mortgages written. Doesn't that worry you somewhat? You go to your bank and in secret someone else owns your debt and you are beholding to them, not the one you did business with. Yes and tax dollars go into the bail out. Can we get a few to help save average people - Wake up America. Yes does our government run ASAP to bail them out, you bet. Do Wolfs, lay with the Sheep, the rich with the poor? No billions readily available overnight but you and I if we need help where do they send you, for counseling. Just who needs the counseling here? Why, because it all comes tumbling down if this doesn't work.
Yes they would rather take the loss, sell short, get the tax write off, go to court and pay legal and processing fee's, throw you out onto the street then work with you. Yes even while they profess [there is that word again], they are friendly neighbors helping each other. Yes would you like a scarf around your neck because when we hang you and you drop you don't want to get rope burn. Gee thanks, I just knew I could count on you. Hey not too tight with the rope. Say don't you sit next to me at church? Yes, I hope you feel I answered all your questions and was helpful? Unfortunately there is nothing we can do, please go now, I have others to cast off. Yes and did you know that survey always says we are A plus in service, yes friendly, neighbors. So please don't think it is me because it is not you know, I only work here. Yes and it all comes tumbling down if this doesn't work.
Let me ask have you ever heard any talk of usury, penalties, harassment, abuse, destruction, real help for families, people, breaking laws? Please if you believe that really in my opinion you are pathetically ignorant of what is really happening. Sorry, you shall know them by their works what they do and what they fail to do. Put you out, turn off your electric, take your first child as an indentured servant. Yes and praise God, you know I'm Born Again. Yes into what?
Yes you, yes you, yes you, Mr. Middle and Average America will no longer be able to buy, get credit or achieve that American dream, unless you have perfect credit, money in the bank. Can you do that on $7.50 or $8.00 an hour and on $5.00 a gallon gas, etc, etc, etc, etc.
Yes and they come to you as light and the ones who are ignorant cheer, clap, approve, MOO or are they something else? Evidently never knowing what is happening right before them. Yes a time of separation has begun and if you scoff, laugh, have fun and find comfort I say, thank you for being part of fulfillment. Yes by their fruits they shall be known.
Robert T. Melaccio Sr. 2008 Copyright ©2008 Robert Melaccio
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