The Deliberate Destruction of The Straw Shack

 

 

 

I wonder about the likelihood of anyone purchasing a home after a foreclosure and believing the home would be safe from another deliberate and systematic destruction of a newly acquired "American Dream."



In considering this point, it was important to evaluate our most recent housing debacle.  Knowing fully that history repeats itself.  

 

Let's see, what have the banks learned?  The barbarians (banks) went to the Great Palace (Washington) to visit their Mystical Fathers (the President and Congress) and asked for a lot of money (bailout) because they mistakenly had made a few bad business decisions. Granted called out the Mystical Fathers.  Then the barbarians asked their Mystical Father for financial and legal indemnity.  Granted, came a resounding cheer.  The barbarians asked the Town Crier (the media) to keep their dirty deeds on the down low.  Granted.  The Mystical Fathers began to hear of the mumblings of the Commoners (that would be us) dissatisfaction in losing their straw shacks and decided that for appearance purposes, a punishment was appropriate.  The Mystical Fathers called in the barbarians and asked them for money (settlement) to quiet the Commoners.  The Commoners rejoiced in the public square (Facebook and cell phones) at the thought the barbarians would be burned at the stake. Unbeknownst to the Commoners, the Mystical Fathers granted the barbarians yet another gift, a tax write off for their troubles (settlements/bad business).

 

The Mystical Fathers distributed the money down the chain of hierarchy to the Forrest Elves (Bondi and AGs) to appease the Commoners by enticing them with money for their losses.  Money that the Commoners would never see. 

 

Behind the scenes the pillaging continued much to the Commoners dismay. A few Commoners choose to burn their straw shacks while others that were exhausted left behind their shacks (cash for keys) to the barbarians.  Others built forts (Occupy) around their shacks making the seizure difficult for the barbarians when taking the shacks.  Some Commoners choose to have their day in the feudal system (courts).  The feudal system turned out to be a futile system.  The Lords (judges) in the feudal system began to hurry (rocket dockets) the Commoners into the feudal system and out of their shacks.    Alas much to Commoners great angst, with a little mystical dust sparkle and many granted wishes, the barbarians have survived, flying the great flight of the phoenix.  

 

So, I ask again, what did the barbarians learn?  They learned that they are rewarded for their acts, good, bad or indifferent with no punishment.  Keep in mind that the banks are in a position of power where they can and most likely will, deliberately and systematically destroy the housing and financial industry once again.  Which brings us back to the original question of, if we choose to buy another home after the foreclosure debacle, can we trust the banks not to steal our renewed American Dream?