Redistribution of Wealth

[Sandra]

The Democrat Party’s Socialist Plan

Redistribution of Wealth

 
 - Dr. Ileana Johnson Paugh  Saturday, June 25, 2011

The Communist Party confiscated my grandparents’ and my parents’ land, homes, guns, jewelry, gold coins, paintings, wedding pictures, clocks, watches, bonds, stocks, tools, savings, and anything of value. They left my grandparents homeless. Grandpa and grandma had to build a barn-like structure made of mud and straw bricks, which they called home. My grandparents refused to relocate from the rural area into grey concrete apartment cubicles in the city. My parents chose the one bedroom apartment with its low rent, subsidized by the government.

I am staring at my 50-year-old house, empty, sad, and abandoned. We spent 18 wonderful years within its walls. The formerly lush surroundings are now overgrown with weeds and kudzu. We trimmed the azalea bushes; they are making a comeback with beautiful pink, purple, and fuchsia blooms. The rose bushes are sprouting a few anemic, tiny flowers. 

I know where Tiger’s tomb is by the overgrown cluster of daffodils. The only hardy survivor is the fig tree, planted when the house was built. It has grown taller since I last saw it. It is covered with blooms – birds and squirrels will be happy when the sweet fruits ripen later in the summer. The Japanese magnolia, or what is left of it after Katrina, is a symphony of pink beauty. In a few days, it will snow petals in a thick carpet all over the yard.

The house has been empty for over two years now, a victim of the mortgage market crash, crash brought on by the Democrats forcing banks to lend money to citizens who could not possibly afford a home or pay it back.  The area is so economically depressed. Renting or selling is equally impossible. There are two other empty homes on a small street of ten houses.  It is an ideal place, quiet, lovely, and close to everything.

The Democrats enlisted the help of nefarious organizations such as SEIU, ACORN, community agitators, and other street organizers to picket the homes of bankers to force them to lend money to non-credit worthy customers under the false charge of racism. Once the loans were approved, with very little checking of documentation, the bankers had no choice but to package bad mortgage loans with good ones and resell them to others in order to minimize loss. Bankers are in business to make money for their stockholders, not redistribute wealth among citizens.

Realtors received their cut of the bad mortgage deals. They helped people they knew could not afford such lavish and expensive homes on their incomes. Paperwork was misfiled, salaries stretched, proof of income and bad credit scores overlooked.

Banks sold and resold bad mortgages so quickly and so many times that current owners had no idea which bank held their mortgage contracts. Trying to purchase such a home was impossible, nobody knew who owned it.

Some citizens took advantage of the housing boom by flipping homes quickly in order to make huge profits. They are guilty parties to the housing disaster. Financially irresponsible people who bought homes on interest-only schemes knew they were taking a huge risk.

Jimmy Carter and Bill Clinton pushed the Community Reinvestment Act. Spreading the wealth seemed like a great socialist idea – take from producers and give to people who made no effort to better themselves, study and work , happy to take from the government, having no idea or caring who was actually paying for their welfare. 

Feelings of pride for a job well done and putting in a good day’s work were lost during forty years of welfare and entitlements designed to create perennial Democrat voters enslaved to the federal government. Cradle to grave entitlements mentality created people who lost their purpose, pride, and responsibility to themselves and their families. There was no surprise when welfare dependent people waited on local and federal governments to save them from the on-coming hurricane Katrina.

Bush the son made a weak attempt to stop the mortgage abuse but it was not enough. A Democrat-controlled Congress overrode several attempts made at accountability. Corrupt lawmakers like Maxine Waters, Barney Frank, and Chris Dodd, all Democrats, maintained that giving 100% mortgages to people who had shady credit and insufficient income worked well and protected the poor.  They maintained that home ownership was a right and denying it was discriminatory and racist.

These happy beneficiaries of the Ponzi scheme mortgage loans called Community Reinvestment Act, which was bound to crash at some point, participated willingly in the destruction of other people’s lives and wealth. Why would they care if other Americans saved their money, were responsible citizens, bought homes they could afford, made payments on time, paid all their bills, and maintained a good credit rating? Although on welfare, it was their right to own a home, said ACORN through bullhorns, while picketing bankers’ homes.

I studied years and years in college when people my age were having fun, partying every weekend, enjoying their youth, reproducing irresponsibly, dropping out of school, drinking, doing drugs, smoking, abusing their bodies in general, and expecting society to pay for their wasted years because it is “social justice.”  Am I supposed to spread my wealth now to the leeches of society who chose the path of laziness and convenience?

I pay enough in taxes to support other people’s children, irresponsible lifestyles, illegal aliens’ free education, housing, and healthcare. I am also generously donating to causes that help people during natural disasters or stricken by unfortunate circumstances.

I would like to see rich liberals, Hollywood, and politicians in Washington put their money where their lecturing mouths are and spread their wealth first, give away personal fortunes before they take our hard-earned property and savings.

I worked 18 years to pay off my house. I went to work when I felt bad, when I felt tired, ill, or overworked, very seldom calling in sick. I held two jobs most of the time in order to take care of my family. I did not take vacations, bought expensive gadgets we did not need, and did not update the house with the latest appliances, furniture, or interior decor. It was clean, warm, cozy and homey. I kept it well repaired, but it was dated. It was our home, solidly built, with a tornado shelter and six-foot walls. Homes this sturdy are no longer being built. We had well insulated walls, double windows and doors before the environmental nut jobs were even born. Now, it is sitting empty and decaying, a sign of the economic and financial troubles that are destroying our country, all caused by greed, irresponsibility, politicians in general, and the Democrat Party in particular. Eighteen years of diligent and responsible work are dripping slowly down the economic drain, all in the socialist name of “spreading the wealth.”

http://canadafreepress.com/index.php/article/37887