Rep. Alan Grayson: If You Owe More Than You Own, Why Should You Pay Your Mortgage?

This is Rep. Alan Grayson discussing the underwater mortgage situation with HUD Secretary Shaun Donovan.

25 thoughts on “Rep. Alan Grayson: If You Owe More Than You Own, Why Should You Pay Your Mortgage?

  1. @RepublicanDumbAss The banks didn’t make this situation. Carter started this nonsense in the 1970′s when he forced banks to loan money to people who could not meet the deprivation of to pay it back. People whom the Democrats knew would vote democrat. Simple. You can blame the banks until the cows come home. It simply does not change the facts.

  2. @alizee2010 sorry to diseppoint but i am Swedish and we live in a control state. You see here everyone thinks that everything is ok so nobody rocks the boat yet ye have only 6 basic rights…..

  3. If the banks make an environment that causes the value to go not more than the amount owed, the bank should suffer, not the consumer. Sick Bastards!

  4. Varying estimates?! That’s BS! He should know the exact number.

  5. alan iz a bulldog! I like him!

  6. Exceptional Sir Grayson, drive a wedge between the haves and the have-nots. I salute you Sir!

  7. Here in the United States of America you never really own a Home, even after you pay it in total if you forget to pay your anual taxes, you baggy your home. So the conclusion is that you really never own a house in the United States its always Government’s property, and I **** that.

  8. @zaphyman no approval ratings dictate whether the constituents (those are the people that the representative works for) want him to represent them, it’s also how you get voted back in. I guess you don’t know what a methodical poll is do you? possibly you should do some research into that. Calling a dumbass politician a piece of **** is very american, hence the right to free speech. But I’m sure you gave many compliments to Bush though huh. I’ve known basic arguments for awhile now, guess u didnt

  9. @RoidinRichie So Approval Ratings dictate what is right and incorrect now? Polls are quite ignorant, because they basically only take into account those people in the area where the Poll is taken. You sir must be as straight Edge as it gets because most nicknames are opposite right? Never done any Steroids ever right? Sure….. Oh and calling a fellow American a piece of **** is really Anti-American and immature. Oh and calling me “stupid” is Ad Homonym. When you learn what that means Answer.

  10. @Charmer4856 I was thought the same thing

  11. @zaphyman wow you’re talking about intelligence when you’re stupid enough to reckon that I use them? ever heard of the concept called a nickname? yeah no wonder you support this piece of **** bahahaha, 32% approval rating and falling

  12. @RoidinRichie It’s fantastic to see someone who breaks the law try to fight someone who is preserving it by his actions. Taking Steroids is prohibited here buddy. Alan Grayson used to clean Toilet bowls for work while he place himself through College. He Started ran and sold IDT which was a Telecom Company in the 90′s He has lived the American Dream and is smarter then most people in Washington and could care less for the Politics. Roidin Richie… You sir are a Roidin idiot.

  13. give every American citizen a home

    why not?

  14. Wow, I like this Grayson on this point. Walk away from your home! Real Estate is a scam.

  15. Alan Grayson is for sure a congressman with guts!

  16. Yeah, it’s a complex choice for homeowners. That is what he wants you to reckon.

  17. @Charmer4856 mycongressmanisnuts(dot)com

  18. I know….. how about these banks can use the bailout money they got from the american citizens to pay to get these properties above water…instead of using the money to keep paying themselves huge bonuses and outrageous salaries so they can continue their corrupt, greedy and small sighted business activities.

  19. GET EM GRAYSON…where can I get ur t-shirts?

  20. the thing that gets me is that many of the banks that hold these mortgages got bailed out by taxpayer money. the small guy has to toe the line and pay but the banks get what they need to survive. it’s a turning world i tell ya.

  21. @alizee2010 you pays your money and you takes your scale. You will double your tax bill if you live in Europe compared to the US. I live in Europe. I wish I paid less taxes.

  22. Only 1/3 likely to be above water within a few years. What about the other two thirds??
    It’s time people stopped playing this game with corrupt bankers. Time to get out & break down a major overhaul to the logic.

    Time the Federal Set aside lost it’s right to issue money (as debt) – & this given back to the people, the government (as many erroneously believe is the case).

    Time for a New World Order – just not the one that Rockefellers, Bush family & the rest of the ruling oligarchs have envisioned.

  23. @thesoothsayers

    Really right. It is a logic of grand fraud – with the consumer as the patsy.

    Along the same lines as Textynn, we are playing Monopoly with mentally disabled & corrupt bankers. Why people keep playing without changing the logic to remove the power from these con men beats me.

  24. I believe we have a logic of fraud where Wall Road can do what it wants and gets bailed out and the American middle class gets outsourcing, food stamps and loses their homes.

  25. @alizee2010 I live in France and if this was right untill now, our current president Sarkozy is starting to go this to a more pro corporation govt in particular media industry protection.

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