Daily PUMA Column - Commentary by Alessandro Machi
Friday, November 5, 2010
While Barack Obama "agonizes" over constituents letters he reads each night in the White House, he's responsible for a million HAMP home foreclosures.
Thursday, October 28, 2010
Has Barack Obama violated the Federal Hobbs Act with HAMP, and if so this felony action should be an impeachable offense.
...makes it a felony for a public official to extort property under color of office. Trading campaign contributions for promises of official actions or inactions are also prohibited under the act.
Some may argue, "but, the HAMP program had good intentions and you can't impeach a president for having good intentions". The key here is the good intentions are simply the sound bites that we heard that promoted HAMP as a good intention. There can be no good intention when to access a government program you have to agree to give up your home, especially when the purpose of the program was to SAVE your home from foreclosure.
Tuesday, October 19, 2010
Foreclosure Mom, "Mom Raps Foreclosure Tears". DailyPUMA thinks HAMP is a Sham and that the Rap lyrics indict Barack Obama as a Sham Wow.
Foreclosure Mom's rap lyrics are so concentrated with truth that a news director could assign each verse from the rap song to a reporter as a story lead!
Wednesday, October 13, 2010
Has Barack Obama committed an Impeachable Act regarding his Government bailout programs for Home Owners?
Barack Obama has this strange habit of offering government programs to "financially assist" struggling homeowners, in exchange for their homes! When Barack Obama proposed the HAMP (Home Affordable Mortgage Program) to struggling homeowners, the caveat was the homeowner had to fall behind on their mortgage payments to apply to the program!
Parallel Foreclosure basically means the banks start home foreclosure paperwork the moment a homeowner applies for a government program that is designed to reduce their home mortgage payment or offer some type of federal assistance so the homeowner can afford their home mortgage payment!
The Minnesota Independent article is about a NEW UNEMPLOYED homeowners help program, EHLP (Unemployed Home Loan Program), and you guessed it, once again, the homeowner MUST BE THREE MONTHS BEHIND in their mortgage payments to "qualify". The sad thing is the rest of the program seems decent. Anybody who qualifies for the program gets a 50,000 dollar, interest free loan and two years to find work if they demonstrate a realistic plan to find employment.
Comment posted August 29, 2010 @ 9:27 amHUD will get funds that they will keep and not help anyone. We went through the entire program and were denied any assistance. They kept changing what qualifications were needed to meet their program guideline to receive help. We met all of them. They sent us to a financial counselor, (who told us our problem was we weren’t bringing in enough money) okay..I did learn to add and subtract in elementary school. So…will this new program really help anyone or will the State’s government programs just keep the money within their departments for their own use like they have in the past. We eventually had our mortgage payments lowered by the bank (not much $40). Again, we are behind. The banks aren’t helping either. We have equity in our home but if we can’t sell our home it doesn’t matter how much equity a homeowner has left in their home.