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It's Official 34% of American Homeowners Are Morons

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It's Official 34% of American Homeowners Are Morons

Postby Tyler_JC » Wed 09 May 2007, 17:49:57

$this->bbcode_second_pass_quote('', '
')Many borrowers find mortgages a mystery

A surprising 34% of homeowners have no idea what type of mortgage they have, a new poll finds. And a significant number are worried about making payments next year.

As concerns about subprime mortgages plague the nation's leaders and lenders, America's homeowners are confused and worried about their own mortgages, according to a poll commissioned by Bankrate.com.

In the survey of 1,004 adults conducted by GfK Roper Public Affairs & Media, homeowners with mortgages were asked what type of mortgage they had. A stunning 34% of the homeowners had no idea.


http://articles.moneycentral.msn.com/Banking/HomeFinancing/ManyBorrowersFindMortgagesAMystery.aspx?page=1

YOU OWE SOMEONE HUNDREDS OF THOUSANDS OF DOLLARS AND YOU DON'T EVEN KNOW WHAT KIND OF LOAN IT IS??????

I'm sorry, that's pathetic and disturbing.

Then again...

$this->bbcode_second_pass_quote('', 'B')ush approval hits 'rough stability': 34%

CNN Poll

Let's see, 34% of people approve of the job Bush is doing and 34% of people are signing away their entire financial future to someone without having a F%#$&@# as to what they are doing.

:lol:
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Re: It's Official 34% of American Homeowners Are Morons

Postby vision-master » Wed 09 May 2007, 18:26:59

I'd say 85% are morons when it comes to personel (work) rules and or their labor agreements. :smirk:
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Re: It's Official 34% of American Homeowners Are Morons

Postby Twilight » Wed 09 May 2007, 19:42:04

You know, I'm amazed at what I hear on the mainstream news (CNN, FOX).

Homeowners who lost their homes, saying stuff like "They just said 'sign here, here and here, and the house is yours'. We didn't realise until one month we were asked for a payment of $2000 but were only making $3000."

Well no shit you're fucked. You didn't even READ the contract? You thought it was FREE?

I can't believe that passes for the norm. That is just... alien to me.
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Re: It's Official 34% of American Homeowners Are Morons

Postby NEOPO » Wed 09 May 2007, 19:47:29

I am amazed at what amazes some people :lol:

There is most definately a connection between this thread and the latest abortion thread.....
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Re: It's Official 34% of American Homeowners Are Morons

Postby eastbay » Wed 09 May 2007, 20:24:23

To find that 34% all you have to do is look at the idiots in SUV's lined up to buy gas paying $75.00 to fill up. And doing it every few days.

Now that's some BIG stupid. :lol:
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Re: It's Official 34% of American Homeowners Are Morons

Postby Daculling » Wed 09 May 2007, 21:34:20

They are not home owners... they are home debtors. The home owns them. And anyway, it's not a home. It's a house. Big difference most do not realize.

It's kinda like when they find marijuana in your house and can seize it without due process of law because the property committed the crime... not a person.

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Re: It's Official 34% of American Homeowners Are Morons

Postby Daculling » Wed 09 May 2007, 22:02:46

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Re: It's Official 34% of American Homeowners Are Morons

Postby ECM » Wed 09 May 2007, 22:06:51

This is what happens when nature isn't allowed to weed out the weak, stupid, and those that refuse to think. Too many people live by the idea "If it feels good give no thought and just do it. Worry about the consequences later."

I wonder how many more generations before Dysgenics is a scientifically proven fact.
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Re: It's Official 34% of American Homeowners Are Morons

Postby Tyler_JC » Wed 09 May 2007, 23:06:43

And no one can they say were "tricked by the fine print".

You can't get tricked by the "fine print". There are federal laws regarding consumer loans that require that the banker explain the loan to you.
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Re: It's Official 34% of American Homeowners Are Morons

Postby pea-jay » Thu 10 May 2007, 01:19:51

$this->bbcode_second_pass_quote('ECM', 'T')his is what happens when nature isn't allowed to weed out the weak, stupid, and those that refuse to think. Too many people live by the idea "If it feels good give no thought and just do it. Worry about the consequences later."

I wonder how many more generations before Dysgenics is a scientifically proven fact.


And to think some think that we will transition smoothly into the post petroleum age...

Okay probably none exist on this site, but economists tend to buy it. Either they really do buy it or they want other people to buy it in order to keep the ruse going as long as possible.

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Re: It's Official 34% of American Homeowners Are Morons

Postby Newsseeker » Thu 10 May 2007, 08:46:36

$this->bbcode_second_pass_quote('eastbay', 'T')o find that 34% all you have to do is look at the idiots in SUV's lined up to buy gas paying $75.00 to fill up. And doing it every few days.

Now that's some BIG stupid. :lol:


eastbay, SUV owners never cease to amaze me.
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Re: It's Official 34% of American Homeowners Are Morons

Postby Roy » Thu 10 May 2007, 09:06:06

Look at the bright side. We denizens of PO.com, the informed and forward looking, have seen this coming for some time and (hopefully) have made the choices in our lives that will help us make the transition.

Meanwhile the majority of our countrymen have no idea what's coming because their favorite news sources aren't telling them and they haven't the intelligence/curiosity/wherewithal to search for the truth. Or, upon having been exposed to it, they became angry and blocked it out.

Somehow, pity is not an emotion I experience when I read things like the OP posted.
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Re: It's Official 34% of American Homeowners Are Morons

Postby Cynus » Thu 10 May 2007, 10:04:44

$this->bbcode_second_pass_quote('purcatty', 'T')hey were tricked by the large print.


I literally narfed my coffee when reading that!
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Re: It's Official 34% of American Homeowners Are Morons

Postby Specop_007 » Thu 10 May 2007, 10:35:07

$this->bbcode_second_pass_quote('eastbay', 'T')o find that 34% all you have to do is look at the idiots in SUV's lined up to buy gas paying $75.00 to fill up. And doing it every few days.

Now that's some BIG stupid. :lol:


Because large luxury/family cars get much better milage?

:lol:

Although I will admit it was funny watching people do anything they can to dump the SUV roughly a year ago, then turn around 6 months ago and do just about anything to try and get into one.

Now thats a WTF if ever I saw it. Talk about living for the moment. 8O
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Re: It's Official 34% of American Homeowners Are Morons

Postby eastbay » Thu 10 May 2007, 10:43:22

Because large luxury/family cars get much better milage?

Yeah, them too, except they're mostly extinct, at least around these parts.

Cars like that on the roads around here are mostly Volvo's and BMW's driven by tie-wearing yuppy scum liberal pukes posing as tree-huggers thereby making it ok.

That's why we need to fucus our outrage on SUV's instead. Get it? 8)
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Re: It's Official 34% of American Homeowners Are Morons

Postby mgibbons19 » Thu 10 May 2007, 10:53:29

$this->bbcode_second_pass_quote('Specop_007', '
')Because large luxury/family cars get much better milage?

:lol:

Although I will admit it was funny watching people do anything they can to dump the SUV roughly a year ago, then turn around 6 months ago and do just about anything to try and get into one.

Now thats a WTF if ever I saw it. Talk about living for the moment. 8O


I got mine for a steal. First 2.50 gas and ppl are ditching cool trucks right and left.

Thanks!
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Re: It's Official 34% of American Homeowners Are Morons

Postby mlit » Thu 10 May 2007, 11:52:14

$this->bbcode_second_pass_quote('purcatty', 'T')hey were tricked by the large print.

Seriously, the bankers could put i there:
And I will pay 512 dollars forever to the bank because I want to and it can not be cancelled, and they may have all my childrens inheritance and their right arms.

and they would still sign.


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