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Forum Post: SHOCKING VIDEO Dublin Home Eviction of Elderly Couple -April 18th 2012 by Anglo Irish Bank

Posted 1 year ago on April 19, 2012, 8:30 a.m. EST by Umong (0)
This content is user submitted and not an official statement

Went online yesterday and already had 36,000 views

when is the revolution going to start against these fucking banksters?!!

http://www.youtube.com/watch?v=V9u_rV7VGqw&feature=player_embedded

28 Comments

28 Comments


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[-] 4 points by JenLynn (692) 1 year ago

Do you expect the majority of people that actually repay their loans or pay their rent to become outraged? Many look at that and feel that's what you get for non payment (based on the comments on the video).

There is absolutely no context or background to that video at all. It looks like it was taken by friends or supporters of the old couple. When you watch it you are forced to make up your own story to fill in the details.

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[-] 1 points by MsStacy (1035) 1 year ago

The video gives me the feeling we're watching some political dog and pony show. There is nothing there to base any judgement on.

[-] -1 points by beautifulworld (20424) 1 year ago

That is heartbreaking to watch. Thanks for posting it. The worldwide revolution continues.

[-] 1 points by JPB950 (2254) 1 year ago

Heartbreaking but lacking any vital information. For all we know the scene was simply set up.

[-] 1 points by MattLHolck (16833) from San Diego, CA 1 year ago

Occam's razor (also written as Ockham's razor, Latin lex parsimoniae) is the law of parsimony, economy or succinctness. It is a principle urging one to select among competing hypotheses that which makes the fewest assumptions and thereby offers the simplest explanation of the effect.

what would be the benefit of going through the trouble of faking it ?

[-] 1 points by geo (2638) from Concord, NC 1 year ago

Occams Razor does not guarantee that the simplest explanation is the truth or fact. Empirical evidence is required, which is missing here.

[-] 1 points by MattLHolck (16833) from San Diego, CA 1 year ago

fair enough

though I believe faces were present which could be tracked down as identities

[-] 1 points by geo (2638) from Concord, NC 1 year ago

Agreed.

[-] 0 points by JPB950 (2254) 1 year ago

Not saying the video was fake, I believe the older couple had known for quite some time they were close to foreclosure and had the camera person ready. From the YouTube comments, there were statements made about the value of the home and the couple's strong financial position. That makes me look beyond a natural bias against banks.

Are they a poor couple being heartlessly tossed out on the street or scheming people trying to cheat the system? I can make a simple story out of either meme, without facts I'm not going to get worked up over this pair.

[-] 1 points by beautifulworld (20424) 1 year ago

You're just so smart. Geesh.

[-] 1 points by JPB950 (2254) 1 year ago

Not smart, just a cynic. Lacking any facts we can spin any story we like around that video.

[-] 1 points by beautifulworld (20424) 1 year ago

Those people are not acting, in my opinion, and I don't care if they're rich or poor, pain is pain. It's a very emotional and personal thing to lose your home.

[-] 1 points by JPB950 (2254) 1 year ago

I'm sure everyone feels pain. Show a picture of say Zimmerman crying in police custody in Florida, you can feel sorry for him. Learn that he shot an innocent boy and you may feel his pain is self inflicted. It's an extreme example but it points out the circumstances of the situation are needed to determine what actions are justified and when the pain is caused by your own folly.

[-] 1 points by beautifulworld (20424) 1 year ago

Are you saying foreclosures are the homeowner's fault?

[-] 1 points by JPB950 (2254) 1 year ago

It depends on the circumstances. There are many examples that can pull at your heart, but here are two I think are definitely the owner's fault. Both are real.

A new home, never occupied, completed just as values started to drop, the builder walked away from it owing more then he could get for it in the dropping market. He speculated and lost, isn't that gamble his fault?

Another upcoming foreclosure, for almost four years the owner hasn't made a payment. He took out two additional mortgages to finance a failing business. When home values dropped he was left with a business that finally did collapse and a home with more owed on it then it was worth. Should he get a pass?

I can understand finding a way to help a person that lost their job or faced a medical expense and can't meet their payments. On the other hand why help some idiot that borrowed too much just to pay off credit card debt, take a vacation, or buy a bigger car? The circumstances make the foreclosure the right or wrong thing to do.

[-] 2 points by beautifulworld (20424) 1 year ago

That's all fine. The couple in the video, though, seem to be losing their family home. It is different. And, most foreclosures are happening to folks who have lost their jobs.

[-] 0 points by JPB950 (2254) 1 year ago

I don't know what to believe about them. That's my basic complaint about the video. It's obviously not made by a news organization and it gives no facts. For all I know those two kindly looking old people have several homes and assets well beyond what they will ever be able to spend.

Some of the comments below the video make statements that the man owns multiple investment properties, is a landlord himself, and hasn't paid anything on the 2 million euro home in two years. Absent any facts, what do I believe? How upset should I get if it turns out this is some greedy old rich guy that has the assets but refuses to pay his bills?

[-] 1 points by beautifulworld (20424) 1 year ago

Hmm. I see the comments now. Oh well, but why should I believe those comments. And, you trust MSM?

[-] 0 points by JPB950 (2254) 1 year ago

No reason to believe the comments or to take the video at face value either. The comments simply made me think. It made me realize we had only our own bias to go on at first. Video can be very manipulative, especially minus any facts. This was the end of a long story, how we got there is important to know before making a decision.

I'm not bothered by the facts reported by MSM, it's more what is left out I have a problem with. Conservative or progressive, I've found either will leave out bits of the truth at times to strengthen a position.

Does the man have large assets, is the home worth two million euros, has he failed to pay anything on it for nearly 2 years? These things could easily work against any sympathy for him. If that video popped up from my town I'd try to look up information about the couple. I would assume some of the commenters did just that. It's not convincing either way, but if I had to make a judgement I'd say there wasn't enough evidence against the bank, based on the video.

[-] 1 points by beautifulworld (20424) 1 year ago

I don't know, that woman wasn't crying for nothing.

[-] 1 points by JPB950 (2254) 1 year ago

I found two articles. Apparently the man and his wife are well off, not that that makes anything emotionally easier for them. The property is described as a mansion in an exclusive community. They bought for 3.4 million euros and still owe about 2 million on. The property is listed for sale at 2.2 million. They are described as being very well off couple, "who own a significant property portfolio in Dublin and elsewhere". His last mortgage payment was in 2009, so eviction shouldn't have come as that much of a surprise to a professional landlord.

I do find more then a touch of irony that someone that is apparently a member of the 1% is getting support from Occupy Dame Street. This takes on the aspect of political theater where someone is trotted out in front of the cameras for show and later found out to be not quite as advertised.

While the whole thing is a mess, I see it one as one of Mr Kelly's own making. He's had two years to sell other property, make other living arrangements, sell his home, make some financial arrangement with the bank. After two years of being played, I'm not surprised the bank has finally foreclosed.

http://www.irishtimes.com/newspaper/ireland/2012/0420/1224314969030.htm

http://www.telegraph.co.uk/news/worldnews/europe/ireland/9214560/Elderly-couple-forcibly-evicted-from-Dublin-mansion.html

[-] 2 points by beautifulworld (20424) 1 year ago

If that's all true, then you win. Bravo. Can't believe that's a mansion. Over here, in my town, loads of homes look like that and bigger.

[-] 1 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

And your thoughts on bailing out the WallStreet and Banking Idiots?

[-] 1 points by JPB950 (2254) 1 year ago

Totally against that. They made stupid loans and even dumber trades on those bundled bad mortgages. My personal feeling is that they should have been allowed to fail.

If government felt it absolutely had to bail out the banking institution to save the small depositor, the least they should have done is force out all those responsible for the mess and make sure no bonuses were paid.

[-] 1 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

And so we are here today drumming up support for a call to action and accountability. Educating the public on issues and remedies.

[-] 1 points by JPB950 (2254) 1 year ago

With that video? After reading the YouTube comments just after the video, I'd want to look into the owner's history before making him your poster child against foreclosures and for accountability. I know anyone can say anything in them, but the statements about his wealth and property holdings give me pause.

[-] 0 points by DKAtoday (33128) from Coon Rapids, MN 1 year ago

No not with this video on this post. With this forum and all of the good information that is brought here and shared and then circulated onward. Educating the public on greed and corruption who is involved and what needs to be done to fix it.

[-] 0 points by DanielBarton (1345) 1 year ago

i dont agree with you all the time but here i completely agree with you