A HousingFEAR Original Poem.
Bailout in the Sand
One night a banker had a dream.
He dreamed he was walking along
the beach with Bernanke.
Across the dark sky flashed scenes from his unethical life.
For each scene, he noticed
two sets of footprints in the sand,
one beloning to him and the other to Bernanke.
When the last scene of his useless life flashed before him,
he looked back at the footprints in the sand.
He noticed that many times along the path of his life
there was only one set of footprints.
He also noticed that it happened at the
very lowest and saddest point of the mortgage crisis.
This bothered him and he questioned Bernanke about it.
"Bernanke, you said that once I decided to follow you,
you'd walk with me all the way.
But I have noticed that during the most
troublesome times in the housing crisis there is
only one set of footprints.
I don't understand why when I needed you most
you would leave me."
Bernanke replied "My precious, precious child,
I love you and would never leave you.
During your times of trial and suffereing,
when you see only one set of footprints in the sand,
it was then that I froze subprime arms."
1 comment:
Lots of dung flying downtown Tampa today smell bad for the banks. I went to the Tampa REDC foreclosure sale at the Tampa convention center. It was a joke. In my opinion, these are just markerting plows to move dead inventory not sell homes. In my opinion, these banks are not ready to sell. They want to try and trick people and con people into paying high values or full market price. What happened today proves it. The I want to educate people on was a for sale 4/5/08 and the house which was number 3 on the auction list 5157 Loquat Ct Palm Harbour , FL 34685. Look at the market comps yourself first. Well first they skipped it and auctioned it off as number #5 in the auction order. It was a cash sale. It went up on the auction block and got auctioned for 390k. About 50k higher than market value. A third of the audience beleived it was shill betting and walked out of the auction. Yes a mass exodus. The auctioned begged the people to stay as they were leaving saying it may be auctioned off again later. Well an hour and a half later it was back up for auction like many of the homes. In my opinion, lots of shill bids. If auctionaire doesnt get the price he wants in the shrill bid process it goes up again later the sam day. Scam cheating and lies still beware. Sencond time on auction block 350k. Ya right. I believe that everyone in the same neiborhood can sell similar homes for 350k but magically this ones sells. Make your own judgement.
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