Help the Economy by Helping Homeowners -- Or Just Help Homeowners Because You're Human
From Center for Responsible Lending
On Thursday, the U.S. House of Representatives postponed helping homeowners and the economy by delaying action on a crucial bill (H.R. 1106). Please take the time to tell them the only way to get the economy back on track is to stop foreclosures.
For each day that Congress delays this vote:
* Another 6,600 families lose their homes.
* More families living near foreclosed properties see their home values drop.
* More senior citizens lose their life savings.
* More families can't send their children to college because they have lost their home equity.
* Towns and cities lose tax revenue and struggle with the extra costs of dealing with vacant properties.
* Economic recovery remains that much more out of reach.
TELL YOUR REPRESENTATIVE TO STAND UP FOR ORDINARY AMERICANS AND VOTE FOR H.R. 1106. DON'T WEAKEN IT. SUPPORT ENACTMENT NOW.
Send a letter to the following decision maker(s):
Your Congressperson
Below is the sample letter:
Subject: Help the Economy By Helping Homeowners
Dear [decision maker name automatically inserted here],
I am writing to urge you to vote in favor of H.R. 1106, which I understand was scheduled to be voted on last week.
Each week that passes without a vote on H.R. 1106, 46,000 more families lose one of their greatest investments: their home. Each foreclosure also hurts their neighbors, whose property values drop as foreclosures continue. That translates to less property tax revenue, which means less money for vital services in communities such as schools, police protection and public works.
As the economy continues to deteriorate, our country can't stand another delay. We need you to bring this bill forward and ensure its passage. As someone who is very concerned about the costs of foreclosures for everyone--including the negative impact on communities, schools and senior citizens--I am depending on you to make our voices heard. The Administration's foreclosure prevention plan is strong, but an important part of it is to permit, as an alternative to forecl osure, the courts to modify loans if lenders will not.
This is an important measure that will help America's families, our communities and the overall economy. Support this legislation in its current form. Please don't weaken it.
This week, you have another chance to do the right thing for the economy and homeowners. Please vote in favor of H.R. 1106.
Sincerely,
- davidswanson's blog
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Housing foreclosures are nothing more than one of the symptoms..
of the disease called/labeled unemployment.
To do the greatest good, there are huge numbers of jobs that could be created and at the least, would get the largest number of people back to work. Something similar to what Roosevelt initiated during the 30s...the work programs.
In the same thought, it would be a good thing to do to start returning overseas American jobs to this country. Companies who don't wish to return these jobs...can well do without doing business with Americans...and that applies to all companies who have moved service centers and factories offshore.
Few are discussing this at this time.
A mind once expanded can never return to its original dimensions.
Anne Hathaway: 1556-1623
The greatest derangement of the mind is to believe in something because one wishes it to be so.