Forum Post: IRS could resell/rent foreclosed properties. Sign petitions. Take Part. If you are going to be here any way, then take part. It can't hurt and it may very well help. You can access more petitions by typing "petition" in the search bar.
Posted 12 years ago on Dec. 29, 2011, 5:11 p.m. EST by DKAtoday
(33802)
from Coon Rapids, MN
This content is user submitted and not an official statement
If it were based on a rent to own by the IRS because we already bought the properties in the bailout and add in the properties that the banks have since foreclosed on and walked away from ( abandoning themselves ) use the rents ( house payments ) to pay down the deficit. It might be a workable prospect, a good use for "THE PEOPLE & Eminent Domain".
Petition to sign and share. Save Homes, Save People and save the economy while paying down the National Debt.: http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
I am twittering this post.
If "you" like it circulate it as well.
See also 60 minutes episode:
http://www.cbsnews.com/8301-18560_162-57344513/there-goes-the-neighborhood/
also a thank you from Sen. Bernie Sanders ( please share )
Dear Friend,
Thank you for signing the petition supporting The Saving American Democracy Amendment. The outpouring of support from you and tens of thousands of others sends a loud and clear message that the American people want to undo the disastrous 5-4 Citizens United Supreme Court decision. We must stop corporations from spending unlimited sums of money, without disclosure, to influence Americans elections. American democracy is not for sale.
Reverse the Citizens United decision.The Constitution is an extraordinary document. It has served our country well for more than two centuries. In my view, however, this is one of those rare times when a constitutional amendment is the only way to save the democracy that our founders created.
Passing a constitutional amendment will not be easy and it will not happen tomorrow. It is a long and difficult process and there will be many bumps along the road. Like other great struggles in our modern history – women's rights, civil rights, environmental protection, etc. – we will need to bring millions of Americans together to demand that Congress and state legislatures represent the needs of ordinary Americans, and not just the wealthy and powerful.
The promise of democracy -- the essential democracy this amendment is directed at protecting – is that the ultimate power in our nation rests with its people, and not with corporations or even elected officials. Our joint effort to defend this nation's democratic electoral process is something that speaks to what being an American is about, and something we should be very proud of.
I hope you ask your friends to sign the petition. And if you aren't already a subscriber to The Bernie Buzz, we'll sign you up for the electronic newsletter to keep you posted on what's happening to the amendment and other news in Washington. (If you do not wish to receive the Bernie Buzz, you may unsubscribe below.)
Sincerely, Bernie U.S. Senator Bernie Sanders
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the whole idea of bailing out the banks was to prevent foreclosures, and then people still lost their homes, im for we the people owning homes, not the irs or the banks, so i dont agree with this petition.
That's alright, you don't need to agree with my idea.
How would you legally reclaim these houses and sell them at real value ( not artificial/inflated value ) to families that lost their homes? What would you do with the proceeds of such sales?
i would give the proceeds to the family to the family who lost it of course.
See.
The thing is.
There are a lot of foreclosed properties.
Properties which the Banks have abandoned after they foreclosed on them.
The Banks don't want to resell these properties, as they can't at current market value. These properties are a glut on the housing market.
To sell these properties. The banks would need to revalue them to a level that could be supported by today's average income. This would cause a revaluing of all properties. They could have done this with the family's they foreclosed-on, they could have revalued to make it possible for those family's to continue in a successful purchase process.
The revaluing would more closely reflect reality of what can be afforded. But this would also cause ( as the Banks see it ) a major loss of profits on their end.
The Banks would prefer to see this abandoned housing torn down, so that they could go back to having a real scarcity of housing to fuel new building at the rates and prices that they want, not at rates and prices that are appropriate and affordable. They can not see that this is not sustainable.
To have the Government claim these abandoned properties and then resell them to people who are working, at prices that they can afford, would help restructure the market towards reality based pricing. It would save wasting good materials that are in good structures and get good family's off the street. It would bolster shrinking neighborhoods and prevent them from losing services because of a dwindling tax base. Services like schools, police, firemen, grocery stores, Hospitals etc. etc.
The proceeds from reselling these properties could be funneled straight back into supporting social services. While advancing the re-balancing of the system.
Thanks for the post.
Your welcome. You are also welcome to share it with others.
"because we already bought the properties in the bailout"
The problem with this idea is the "bailout" or Troubled Asset Relief Program (TARP) was a loan program and banks paid back 99.5% the loans (with interest).
Also the IRS had nothing to do with the TARP program.
But these properties are still out there the banks are walking away from them. They are not revaluing and reselling they have just walked away.
What would be wrong with claiming them in the name of eminent domain and then reselling them at a reality based price ( some what under 50% of it's previous listing ) to people who are still working but lost their homes due to the runaway economy. Use the income from the house payments to shoot directly into paying down the deficit or supporting Social Security or supporting Health care. I mean, why not?
Why just let them be torn down or stand empty while waiting to be torn down. Lets get good family's decently housed.
"What would be wrong with claiming them in the name of eminent domain "
Allowing the government to seize property for any reason is a violation of the fourth amendment.
Now you are going to tell me that banks are evil and they should have their property seized. Well actually banks are mostly owned by average citizens. For example 99.6% of Bank of America is owned by the 99% in retirement funds, mutual funds, and pension funds. Only 0.4% is owned by insiders and even those are employees of the bank, many of them part of the 99%.
I agree they should not be torn down and I so not believe they are unless they are unsafe. When a home is foreclosed, if it cannot be sold within a certain period of time they go up for auction and are sold BELOW a reality based price.
Like I said the banks have walked away from these properties after they were foreclosed.
See 60 minutes episode:
http://www.cbsnews.com/8301-18560_162-57344513/there-goes-the-neighborhood/
Read the Post:
http://occupywallst.org/forum/cleveland-say-it-aint-so-tearing-down-vacant-house/
We should foreclose on all government employees assets and their decendants who are directly responsible for running up the debt. We the people didnt have a say in it and shouldnt have to pay even one dime of it!.
It is some in Government involved, there is no doubt about it. They really should face having assets seized as well as face criminal charges for betraying their country.
That may be a good part of why the Justice Department is not doing their job in bringing charges to bear in the private sector. They are afraid of opening the cesspool and exposing "all" of the guilty.
But it is not everyone in government not yet anyway. So we need to keep the lines of communication that we have open working and full of our insights and demands. It is beginning to work if you will note the increase of attacks on this site.
If we were irrelevant this would be a calm and peaceful, perhaps even boring web site.
Thanks for posting this. Will be looking into the Petition shortly.
We should just squat in all those empty houses and live for free.
What re the laws regarding squatters these days? I know a few people who got NYC apartments by squatting back a couple of decades ago. It's possible that it's a doable idea.
Yes, I always dreamed of successfully squatting like those NY cases.
Yeah living like a bum is the life!! Who needs utilities, legal entry, or a half decent place where your shit won't get stolen?? Toilets?? Hell no, I got a bucket!! And when the cops come around, I'll just pretend I'm not there till the either go away or just break the door down and haul me off to jail!!
Well . . . I can't fault you for showing anger towards the system. But I think it could be a good start on getting the market to start reflecting reality. If these properties that were lost due to the false value applied to them, were revalued to reflect reality and sold back to the people who lost them due to unreal payments.
They would still need to go through an approval process and if they qualified the Payments could be set-up to be automatically deducted from their checking or savings account. The Banks should have renegotiated but they have not done so.
"How to Get a McMansion for $16
Kenneth Robinson lives on Waterford Drive in Flower Mound, Texas, but he doesn't own or rent the home he claims he has a right to live in.
The home was in foreclosure, and the owner abandoned the property. That's when Robinson swooped in and, after submitting a $16 filing fee at the local courthouse, claimed the law of "adverse possession" gave him the right to occupy the home."
http://abcnews.go.com/Business/texas-man-claims-mansion-16/story?id=14099714
I'm all for it if we can get good families into homes again.
we should foreclose on all the irs assets to save the peoples homes, after all whats more important, a government entitiy or the people?
The IRS isn't an governemtn entity, it is a Private entity that is connected with the Federal Reserve and further to the Rothschilds.
I think you have the wrong idea. Read or re-read the post then read the petition.
[Removed]
The IRS doesn't do that. You didn't buy 1 square foot of anything with the bailout. Your local government or the original lender/mortgage company does that. Instead of signing a stupid online petition, why don't you people raise some real money up to help pay off a bill or two?? You seem to forget, it's not just the "evil bankers" that people constantly rant about, but the water company, electric company, pretty much anyone(yes, this includes individuals who take you to court) can come take your stuff/house to satisfy a debt. Your idea won't work.
Thank you I sent off the last of my bills today.
Your right it is not something the IRS or Government currently does. It does not mean they can't. Hence the petition.
As for the water co. and all that you should check out ZenDog's platform for President.
And so that leaves us with appropriate action to take to clean-up the investment bank mess. I mean they have walked away from it so far. So we should help them out with a viable solution.
Don't just sit by and throw stones make your self useful.
I'm not throwing stones. When I inherited my house from my dad, there was a lein on the house by the water company. If that didn't get paid off or paid down, I would have been SOL. I don't need to check out anything by ZenDog., I've actually lived through it. When you owe money-especially to a utility, a lien is placed and if not paid off, they will take your house. I'm not throwing stones. Facts are facts.
Another thing about the investment banks. While they may or may not have taken money they didn't need(not getting into that argument here, just bear with me), who put them in that position in the first place?? It was the citizens who knew they couldn't pay off the $200,000 + interest bill by working a -$20,000 a year job. Should some of the been turned down?? Yes. but then when the stimulus was thrown out, rules were made more lax.
About the petition, Online petitions are placebos to make others feel good. They don't go anywhere, nor does anyone in power look at them. Check out the White House petition site. There thousands of them from legalizing weed, to getting someone out of jail. Not one person looks at these outside of the people signing it. Which is another reason why online petitioning doesn't work. It's too easy to manipulate.
Like I said. Instead of signing something that won't be seen, help the families directly. That way you know you money is going where it is needed.
Boy aren't you sour on the notion that the Peoples voice can not be heard or considered.
I won't change your mind, but someday you may change your own.
Then give me 2 examples of online petitions that have changed anything real. Not American Idol or some useless crap like that.
When Bush stole the election, there was a huge outcry, what happened?? There was an excuse as to why there couldn't be a proper recount, and forget another election
When Bush went to war in countries we had no business being in, what happened?? He sent more people into the fray
Hell, even right now with OWS, what have they gotten done?? They claim credit for things that have been going on for years. I personally know someone who audits banks. He's gotten quite a few shut down, and even more individuals in trouble for what they did. There's a reason why the higher ups in banking, education, and a couple other high dollar professions are getting out of Dodge while they can.
There are more examples, but those are the most prominent examples I can think of right now.
I see you keep avoiding what I said about helping the families face to face. A lot of OWSers don't wanna do that
I am not in a position to do that or I would. I am just lucky to have a roof over my head right now. I lost my home back in 2009 and was homeless for quite a while. So I advocate as best I can for positive growth and change.
I look at things like the hold up on approval for the Canada Texas Pipeline and the unapproved NDAA as a sign that Our voice is starting to be considered in Government.
http://www.thestar.com/news/world/article/1103673--canada-to-texas-pipeline-closer-after-u-s-senate-approves-budget-legislation
They are waiting till the elections roll around so more money isn't flushed
I think the this years NDAA- it's actually been around for almost 50 years- hasn't been signed, because I know I couldn't sign it, and if vetoed, who knows what the reprocussions would be?? Not going on conspiracy theory, just saying, he might lose sway with the majority that will be needed later. It's a hard thing to have thrust upon you(that's what she said;)).
Well the pipeline petition has been making it's rounds. We will just have to see how it goes down.
As it has been suspected that the NDAA would be pushed as a rider on the Payroll tax cut as it is also suspected that the pipeline will be tacked on as well.
The best thing to do would be to demolish any home that has been foreclosed on and vacant for more than 18 months.
Why scrap em when they can still be functional and useful to the economy?
I mean we have already paid for them.
Because they are bringing down the value of all of the houses around them. If you give them away cheap or rent them out cheap, expect the crack-heads to move in and ruin more neighborhoods.
The properties are already falsely overvalued.
Well . . . and I can't fault you for showing anger towards the system. But I think it could be a good start on getting the market to start reflecting reality. If these properties that were lost due to the false value applied to them, were revalued to reflect reality and sold back to the people who lost them due to unreal payments.
They would still need to go through an approval process and if they qualified the Payments could be set-up to be automatically deducted from their checking or savings account. The Banks should have renegotiated but they have not done so.
Those still hanging on to their homes should be given an adjusted mortgage to reflect true value not the inflated.
I still can't understand why the banks wouldn't renegotiate the crap loans or take a short sale. Instead the bank took the homes and later lost their asses on them.
It is because the Banks no longer are tied into the mortgage, they now have investors in the stock-market to supply the funding and accept the risk. The Banks are now just operating as a go between and servicer of the account they get their money out of the upfront fees and out of the service contract. The Banks never lost their asses on anything.
No, that's not true. They still hold the mortgage but the Gov is bailing out a lot of them.
Nope. That was the whole problem with letting them go all wallstreet investment banking.
Watch the Documentary - Inside Job. It explains the facts very well. Shows cause and effect. Names names and shows you what was done when it was done and how it was done.
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
So what do you intend to do exactly? Having a party on someone's lawn isn't accomplishing much.
Here's a start.
Petition to sign and share
Save Homes, Save People and save the economy while paying down the National Debt.: http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Your move now.
Sorry, I disagree with your plan. I say tear 'em down. I'll bet you'll start seeing them burn down soon.
Why support needless waste?
Be real bereal.
They will be destroyed sooner or later, one way or another....and they will ruin the neighborhoods they are in. Better to gut them out and take them down now.
Not if they are resold at reasonable prices. There is no need to waste good properties.
As long as the banks don't get them back and are not running the show.
They walked away after foreclosure. They had their chance to do the right thing and they walked away. The properties paid for in the bailout and abandoned by the banks after the bailout are fair game to be claimed on eminent domain and resold to those who lost them because of inflated cost. The Banks have already been paid, now they should renegotiate on the properties that have not yet gone into foreclosure or lose them too, but they should not expect to get another dime of public money for walking away from their responsibility.
Let them go to AIG for their money and see how that works out.
I agree.
It's past time that the Banks were told to clean-up their mess, and to stop looking for the public dime.
They are multinational whores and they can leave this country and go to another one.
Seize their assets and reform them as non-profits.
Yep.
Until the Justice Department starts prosecuting them it is the only sane thing to do.
It is the right thing to do.
It's ethical and only needs to proceed as long as their are foreclosed properties to get off the market caused by this meltdown.
Interesting idea.
Given the banks refusal to budge on the foreclosure issue, it sounds like a form of justice . . .
I signed
Thank you Sir!
You are a wise and just man.
Only on Thursdays . . . .
Duly noted.
there will be a test.
I hate test's!
You can access more petitions by typing "petition" in the search bar.
See 60 minutes episode - There goes the neighborhood:
http://www.cbsnews.com/8301-18560_162-57344513/there-goes-the-neighborhood/
http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578
129,766 signatures for Bernie Sanders petition ( above ) as of 9:10am 01/04/2012
I've got 11 signatures so far on my petition ( below ) 3 are from people who don't live in the USA.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
162,353 signatures for Bernie Sanders petition as of 2:40pm central time 01/06/2012
Still only 11 signatures on mine. Check it out I think it could do some real good.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
165,070 signatures for Bernie Sanders petition as of 8:58am central time 01/07/2012
The petition to save abandoned houses now has 12 signatures. We picked one up at around 2:40am. Starting to catch-up with Bernie, thinkin positive folks.
165,803 signatures for Bernie Sanders petition as of 12:43pm central time 01/07/2012
The petition to save abandoned houses now has 12 signatures. We picked one up at around 2:40am. Starting to catch-up with Bernie.Try'n to keep thinkin positive folks.
167,301 signatures for Bernie Sanders petition as of 9:43pm central time 01/07/2012
The petition to save abandoned houses now has 12 signatures. We picked one up at around 2:40am. Were just rolling right along.
167,921 signatures for Bernie Sanders petition as of 8:37am central time 01/08/2012
The petition to save abandoned houses now has 13 signatures. We picked one up at around 11:30pm 01/07/2012. Were just rolling right along.
169,521 signatures for Bernie Sanders petition as of 7:15pm central time 01/08/2012
The petition to save abandoned houses now has 13 signatures. We picked one up at around 11:30pm 01/07/2012. Were just rolling right along.
171,475 signatures for Bernie Sanders petition as of 11:50am central time 01/09/2012
The petition to save abandoned houses now has 13 signatures. We picked one up at around 11:30pm 01/07/2012. Were just rolling right along.
What a difference 5 days can make = 41,709.
129,766 signatures for Bernie Sanders petition ( above ) as of 9:10am 01/04/2012 171,475 signatures for Bernie Sanders petition as of 11:50am central time 01/09/2012
Save the homes picked-up 2 signatures in that same time. I don't feel bad there is always time to catch-on & catch-up.
Think positive!
173,387 signatures for Bernie Sanders petition as of 11:38pm central time 01/09/2012
The petition to save abandoned houses is holding rock steady at 13 signatures. We picked one up at around 11:30pm 01/07/2012. Were just rolling right along.
I think basically were holding back on the signatures right now so that we don't embarrass Bernie's showing so far. Right?
178,430 signatures for Bernie Sanders petition as of 10:43am central time 01/12/2012
The petition to save abandoned houses has 14 signatures. We picked one up at around 10:00am 01/10/2012. Were just rolling right along.
180066 signatures so far for Bernie Sanders petition as of 9:18pm central time 01/12/2012
181,022 signatures so far for Bernie Sanders petition as of 11:44am central time 01/13/2012
The petition to save abandoned houses has 14 signatures. We picked one up at around 10:00am 01/10/2012. Were just rolling right along.
183,361 signatures so far for Bernie Sanders petition as of 10:15am central time 01/15/2012
http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578
The petition to save abandoned houses has 15 signatures. We picked one up at around 9:50pm 01/13/2012. Were just rolling right along.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/
Stop in for an education and some humor.
Sen. Bernie Sanders : http://sanders.enews.senate.gov/mail/util.cfm?gpiv=2100082114.557454.368&gen=1
Eminent Domain & "THE PEOPLE"
11 signatures and climbing 01/03/2012. 3 are not even from the USA, but are sharing support anyway.
Innovative concept for making the IRS friendly as well as usefully productive?
Pay down the deficit or support social programs or do both.
Everyone sleeping in this morning?
Did you get screwed the last time? This time could be different.
I've got good people outside of the USA signing this petition. Where is the down home support?
weigh in.
8 signatures so far. It is a start.
Didn't have the time today?
Not to worry we will be back again tomorrow.
Wouldn't want you to miss the chance to weigh in.
Night everbody!
Any Supporters? Any more stone throwers?
I'm here.
They cannot stand the fact that there might be something that is the least bit productive.
I know it's sad. But I hoped to see more people spout off about what a novel idea it is.
You know something? I sent off a direct message to Warren Buffet to see if I could get a reply. He put me on his follow list a couple weeks ago and hasn't unfollowed me so far. So I thought it would be interesting to see what He thought of the idea.
Any more stone throwers? Any Supporters?
Yep it is awfully quiet . . . . good thing I like the sound of crickets. . . very peaceful.
Ask your self this:
What cost in awakening awareness in Government and in the Public? Let our voices be heard not only in protest but also in resolving issues.
What cost in letting them continue to slumber?
WoW! It's gotten real quiet in here . . . are those crickets?
This is why we are here this is why you are needed.
http://occupywallst.org/forum/inside-job-documentary/
Share, circulate, educate, inspire.
See also people from all walks of life, from all over the political map "not" supporting a party or leader or group of leaders but "supporting an Ideal".
http://www.youtube.com/watch?v=_2Bgqt1YYko
Petition to sign and share
Save Homes, Save People and save the economy while paying down the National Debt.: http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Let's push it. It would be no harder than setting up an account for repayment of back taxes.
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
The "Founders" did not create a democracy. The Founders created a Republic, with democratically elected officials.
One would think a Senator would know this... Of course, a self described socialist would want to change the history of the country from that of freedom restrained by the rule of law, to a country where mob rules, controlled by an oppressive government.