MovieChat Forums > 99 Homes (2015) Discussion > Liberal Hogwash

Liberal Hogwash

posted 9 years ago by digital_generation_x
33 replies | jump to latest

Those poor oppressed people who were ripped from their homes. Please! What happened to personal responsibility? They signed those crappy deals, yet in the eyes of liberal America, they were bullied and terrorized by banks? How does that make any sense? I almost bought a house during the real estate boom of the mid 2000's. I went in to sign, started reading the fine print, and I walked away. I bought a place 3 years later after the bubble burst, and still own it to this day. These people are idiots, not oppressed citizens. Screw this liberal propaganda piece of trash movie.

[–] mikeyflatley 9 years ago

Werd. Its a very simple concept really and no super finance knowledge required. Buy low, sell high. When ur neighbor's home wuz 300k and now sellin 4 a mil, well it doesn't require rocket science 2 know dis is overvalued.

Werd 2 ur mudda, bruddafckka

[–] bimsie_01 9 years ago

When we bought our house,through a VA loan,the lenders offered to let us buy twice the home we wanted.Im glad we didnt do it,though.Medical issues would have made it impossible to keep up with that kind of mortgage.And as for the builders here selling new homes like we bought,they used all kinds of incentives to get you to buy homes you couldnt afford:Free appliances,folding in the cost of adding a pool to the cost of your mortgage,etc.Our loan was bought by three different banks within a year.Yeah,some of it is common sense by the buyer,but everyone was in on the shenanigans.

[–] Prismark10 9 years ago

Liberal America?

George W Bush nationalised the financial industry instead of letting them go bust.

It's that man again!!

[–] 9 years ago

[deleted]

[–] Jimbo_BSD 8 years ago

This is why I love conservatives like you. You haven't seen the movie. Your post is a full 4 months before it's limited theatrical release and even longer before the DVD came out. And you've absolutely made up your mind about how the subject is handled. You're proudly ignorant and angry. Like most conservatives.

[–] dtizzlefosho 8 years ago

So... what IS your opinion on what he stated? You didn't really make a point other than "See the movie, first!"- which I agree with, for the record.

But what is your problem with the content of his message. I'm honestly curious. You see, I was a broker back in those days. And I was notorious for telling people "Sure, I can qualify you for that amount, BUT..." before telling people that living in California was not enough of a reason to take on a financial obligation they couldn't afford even if they were technically approved. You wouldn't believe the responses I would get. You see, all the knowledge in the world doesn;t really matter because this is America- land of credit cards. Americans, by and large, are not concerned with how they will pay for things. and when you try to educate them (I'm saying this from experience) their response is that it is none of your business what they can or can;t afford.

Except that is the problem. Most Americans have no idea what they can afford when it comes to borrowing massive sums of capital. Which would be fine if they were open to some advice. But they largely are not. this was a very common scenario in those days

"Yeah I live in San Diego and I'd like a loan for $450,000"

"Okay, how much do you make?"

(Booming with pride) "$100,000/yr"

"Okay sir, well it is a solid income, but unfortunately you live in CA and from experience drawing up loans literally every day of my life, you can't really afford that much house."

"Well that is just how much houses around here cost."

"Okay sir. I don't mean to be rude or anything but it sounds like you probably aren't in a position to buy right now. I'd be happy to send you some resources on good rental options, though."

"No way. I make 6 figures. I am entitled to own a home. Is this your system saying this or just your opinion? You know what? Transfer me. I need to talk to somebody who will just get me approved."

Join the jerks!

[–] jamotide 8 years ago

Seriously, you should watch the movie first. It doesn't have a "liberal" message or whatever. In fact it presents the eviction service as a necessary job and basically tells us the same stuff you just told us. It only draws the line when it comes to forgery.

[–] dtizzlefosho 8 years ago

I watched the movie. It's good. It presents the most balanced view I've seen yet. My commentary was more on the real-life cases I dealt with in the field.

Join the jerks!

[–] Howlin Wolf 8 years ago

I don't have a problem with you. At least you included the 'But'... You weren't scamming people; you were just letting them make their own mistakes...

Very different to the character of Rick Carver, though - and some of his actions WERE wrong.



"Your mother puts license plates in your underwear? How do you sit?!"

[–] gtbarker 8 years ago

There's stupid, then there's really stupid and then there's you.

'Well I've got two words for you - STFU'

[–] marx686 8 years ago

Troll alert.

[–] Howlin Wolf 8 years ago

Did you forget that some of them were tricked and conned so that the realtor could make more money?

Yeah, that may not happen in every case - and there was nothing wrong with Nash being evicted - but you can't seriously say that everybody who makes money in a big industry does so legitimately, and without cutting corners or cheating people?



"Your mother puts license plates in your underwear? How do you sit?!"

[–] activista 8 years ago

The OP dosen't know what the hell they are talking about. For nearly the last decade, I've been involved with a local activist group in the Detroit metro area who's been educating people about how to keep their homes from getting foreclosed on and actually going out and helping them keep their homes (through protests and boycotts of local banks, exposing what underhanded techniques the industry has for taking people's homes and putting them on auction even as the people are still paying to stay in their homes---such as robo-calling, sub-primes loans that double the mortgage after 6 months (which should be illegal, but isn't.) Bottom line, pretty much everything in this film concerning foreclosures has happened to virtually every family and every person we're managed to get their home back----there is nothing "liberal hogwash" about it, and pretty much everything it hit on was true. Obviously the OP has never seen the movie, and has never know anybody who went through a foreclosure, or seen their whole community devastated by foreclosures, leaving poor neighborhoods fill of empty homes, churches, and apartments. That's been my experience with it, and that of many other people,too.