Liberty is an inherently offensive lifestyle. Living in a free society guarantees that each one of us will see our most cherished principles and beliefs questioned and in some cases mocked. That psychic discomfort is the price we pay for basic civic peace. It's worth it. It's a pragmatic principle. Defend everyone else's rights, because if you don't there is no one to defend yours. -- MaxedOutMama

I don't just want gun rights... I want individual liberty, a culture of self-reliance....I want the whole bloody thing. -- Kim du Toit

The most glaring example of the cognitive dissonance on the left is the concept that human beings are inherently good, yet at the same time cannot be trusted with any kind of weapon, unless the magic fairy dust of government authority gets sprinkled upon them.-- Moshe Ben-David

The cult of the left believes that it is engaged in a great apocalyptic battle with corporations and industrialists for the ownership of the unthinking masses. Its acolytes see themselves as the individuals who have been "liberated" to think for themselves. They make choices. You however are just a member of the unthinking masses. You are not really a person, but only respond to the agendas of your corporate overlords. If you eat too much, it's because corporations make you eat. If you kill, it's because corporations encourage you to buy guns. You are not an individual. You are a social problem. -- Sultan Knish

All politics in this country now is just dress rehearsal for civil war. -- Billy Beck

Sunday, March 08, 2009

Why Personal Honor Matters

Why Personal Honor Matters
New Trend In Sacramento: 'Intentional Foreclosure'


Linda Caoli helps lots of families on the verge of losing their homes, including a single mom working two jobs to pay her mortgage.

"She says Linda the house across the street, same model, with more upgrades sold in foreclosure for $315,000!" explains Linda.

Her client isn't the only one thinking about ditching her house to buy the better deal across the street. A number of realtors CBS13 talked to say it's already happening.

"Can you imagine if you had a same or similar home and your mortgage was half the price?" asks Linda.

This is how it works. Bob paid $420,000 for his home. Then he notices the house across the street, with more upgrades, and is selling for $315,000.

So Bob, who has pretty good credit, decides to buy the cheaper house. He can't afford both, so then he walks away from his original home, letting it fall into foreclosure. That will hurt his credit, but he's willing to take the hit for a more affordable home.

"Is it wrong to steal when you're hungry? That's an issue that a lot of people are trying to figure out right now," says Linda.

Caoli is sympathetic, but she doesn't endorse the practice of it. Other real estate agents we talked to were far more critical, calling them cheaters. They say the banks take a huge hit when their homes foreclose, and in the end, we all end up paying the price.
I've heard of people just walking away from their mortgages when they discover they owe far more than the house is currently worth, but this one is new to me.

There's a thread at on the topic, and here are some of the comments:
The turd here has finally circled the bowl and entered the sewage system.


Who cares … the people who continue to play by the rules continue to get the shit end of the stick. If you can find a way to work the system to your advantage, why the hell not?


I agree. Being honorable only makes you poor and sticks you paying for the costs of the less scrupulous.


I'm not in that situation.

But, I'd be lying if I said I wouldn't consider it if I was.

I come first. Plain and simple. If I can see a benfit in reducing my bottom line and not fucking myself over, I'm probably going for it.

There is a limit to honor. Especially when illegal aliens get breaks and I don't.

Anyone who doesn't see this is a fool.


A few months ago I would have said Bob was a piece of shit. Now I see him as smarter than me. The US seems to be on it's way out as the country that we all know and love. All bets are off in this new country of hope and change.
I concur with the "turd circling the bowl" comment, myself. We're a far cry now from "I could not love thee, dear, so much, loved I not honor more."

Who is it that's going to restore our lost Constitution again?

If you haven't read it, I will again recommend James Bowman's Honor: A History, a study of the death of honor in Western culture.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.