February 23, 2009

WTF Did Donna Hanks of ACORN Do With THE Extra $183,000?

You must read this story at Michelle Malkin's blog...

Here is what the MSM won’t be telling you about the so-called “victim” in that case, ACORN worker Donna Hanks — all based on public records and court documents.

According to real property data search information, Hanks bought the two-story home in the summer of 2001 for $87,000. At some point in the next five years, she re-financed the original home loan for $270,000.

Question: Where did all that money go?

Indeed Michelle, subtract the refinance from the original loan and that leaves $183,000 (double her original mortgage left over) that Ms. Hank certainly did not use to make her effing house payment for three years. But suddenly teh evil bank is screwing her over?

What bothers me is that we are always to assume that the "home owners" are just poor honest folk that "made a mistake". Well there are cases like that. A lot of them. But there are also people out there who borrow money as a scam. They borrow from Peter to pay Paul and skim a little walking around money off every move they make. Its a sort of borrowers Ponzi scheme. To hold these people accountable and look at the practice of predatory borrowing is politically incorrect.

These people never intended to do the hard work of paying back all the money. They intend to leach banks for every penny they can get and blow it. Then they play the victim card, go into bankruptcy and leave teh evil bankers holding the now empty bag.

Its nothing but a con, and now we're supposed to feel bad for her cause she intentionally bilked the system out of $183,000? And my tax money is supposed to help her clear the slate so she can go on another binge?

NO! HELL NO. NO EFFING WAY!

Donna Hanks is a con artist! People like her have defrauded our banks and our country. She should be barred from ever borrowing another effing dime! Let her get a job and pay rent and when she don't or won't pay let her go to her local community organized shelter and mop floors for a meal. She deserves no less.

At least that's my view, being a person who has to actually pay his bank back.

If you can barely maintain you composure and are shaking with righteous anger over this like I am, well that is damned appropriate methinks.