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View Diary: They Are the 1% - A Really Scary Follow Up (95 comments)

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  •  Or offer them a fair deal. (5+ / 0-)

    They can have the keys--and a house that they'll have to maintain and care for and pay taxes on, in  market where buyers are few... or they can renegotiate to the point where you're not underwater any longer.

    "Be just and good." John Adams to Thomas Jefferson

    by ogre on Sun Oct 09, 2011 at 11:32:15 PM PDT

    [ Parent ]

    •  That's a failure of the left. (3+ / 0-)
      Recommended by:
      tardis10, milton333, peregrine kate

      bobswern and others have diared about the failure of HAMP, noting that many dollars are left unspent in the program.
      In some ways, this is fully expected, because it does not help the banks to actually work through HAMP.

      We should use all of the tools at our disposal.  It should not be too hard to find people eligible for HAMP modifications.  Find out why they are not offered.  Publicize the responses and protest until they are offered.  Monitor the proceedings to make sure that people get the help that this program represents.

      If all we got is bodies and noise, use them to be productive.

      Of course, I believe that we have more than that.  Any publicly traded corporation is a takeover target.  Any publicly traded bank can be bought out and taken private.  Run them differently, so that social justice goals are part of the money conversation.

      Carl Icahn and others have made careers by this kind of corporate raiding.  Why is this only a tool of the right?

      -7.75 -4.67

      "Freedom's just another word for nothing left to lose."

      There are no Christians in foxholes.

      by Odysseus on Mon Oct 10, 2011 at 09:02:26 AM PDT

      [ Parent ]

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