What could possibly go wrong with this idea?

[tmleadr03]

Ban foreclosures it's for the children.

http://businesslawdaily.net/2011/08/17/california-ballot-proposal-would-ban-home-foreclosures/

[Bailey Guns]

Fuckin' California...

[BPTactical]

A "Fundamental Right"???
I can't imagine the economic chaos this would cause to an already shattered real estate industry.

Freakin California is right.

[cstone]

This is probably an ignorant question, but here goes;

What isn't a fundamental right to a liberal?

It seems like the attitude is, if I want it, it's my fundamental right to have it.

[Bailey Guns]

Good point...

The only thing I'd add is:

If I want it for someone else, it's my fundamental right to take it from you to give to someone else.

[BPTactical]

You forgot one thing Bailey:

If I don't like it you can't have it either.

[SuperiorDG]

I'm not a big fan of banks, but this is going to keep a lot of banks out of CA.

[tmleadr03]

It is a real good time to go buy a house in CA though.

[Cman]

What I hate the most is those stupid liberals moving out here!

[newracer]

This is wrong on so many levels. It will actually make it harder for people to buy a house.

[Ranger]

Totally socialist idea, from a totally socialist state. Free homes for all! Why be burdened with something like a "home payment" - hmph, I, as an American, have a RIGHT to own a home FREE OF CHARGE to along with my free health insurance and government handouts. I have the RIGHT to not work yet be as equally rewarded as those stinking rich people who never pay taxes anyway.

Marxism at its best!

[BushMasterBoy]

Passage of this bill would probably take foreclosure to the federal level. Federal judge would order eviction. Federal marshals would evict the tenant, then auction the house.

Why? Because banks are federally insured. They are NOT insured by the state. Federal law supercedes state law...

[Scanker19]

This is probably an ignorant question, but here goes;

What isn't a fundamental right to a liberal?

It seems like the attitude is, if I want it, it's my fundamental right to have it.

Guns.

This is great further the belief in America there are no consequences for your action or lack there of.

[Byte Stryke]

Guns.

This is great further the belief in America there are no consequences for your action or lack there of.


well, all branches of our government already practice this belief now, why not?
Print another 14 trillion dollars
Sleep with whom ever
dodge tax liabilities
beat citizens to death

Fuck it, I work for the gov!

[TS12000]

Every time I think people in California have met they maximum level of stupid they push the knob to 11

[Zundfolge]

I would like to propose a ballot initiative here in Colorado to amend the Colorado Constitution making it illegal for Californians to own property, take up residence or vote within the state of Colorado.

[Bailey Guns]

I would like to propose a ballot initiative here in Colorado to amend the Colorado Constitution making it illegal for Californians to own property, take up residence or vote within the state of Colorado.

I'm down with that...

[KevDen2005]

I made it all the way to "Fundamental Right" and stopped reading.

That is ridiculous...what portion of the US Constitution could possibly be misconstrued to say that home ownership is a fundamental right?

I know that is for the California Constitution and sadly it's just that easy to have a state constitutional amendment added by a bunch of people voting wanting something for nothing.

What is going to happen to California? Seriously?

[KevDen2005]

I'm down with that...


What if you were a transplant here before the age of 10?

[Guylee]

Wow...it's like they looked back and said "hey, what fucked everything up in the first place? Yeah, let's do that again!"

[Ranger]

Not being a conspiracy theorist, I believe it's more of "I hate America, what else can I do to destroy her?". I do honestly believe that his one and only goal is to destroy this country.

[Mtn.man]

We are on the bow of our sinking ship, so someone grab the flag.

[Byte Stryke]

What if you were a transplant here before the age of 10?


You must undergo an extensive libtard test administered by Newt
You Must be able to describe in detail the differences between a weapon clip and a weapon Magazine and be able to point out a barrel shroud, describe its function and differentiate it from "That thing that flips up"

You must NOT be a registered democrat or have voted for a democrat since moving to Colorado.
You must not say "Like" more than once in any given sentence.
you must have references from no less than 10 Colorado natives.
cannot own a car with a green leaf or the word "hybrid"
There is a 20 year probation

[KevDen2005]

You must undergo an extensive libtard test administered by Newt
You Must be able to describe in detail the differences between a weapon clip and a weapon Magazine and be able to point out a barrel shroud, describe its function and differentiate it from "That thing that flips up"
You must NOT be a registered democrat or have voted for a democrat since moving to Colorado.
You must not say "Like" more than once in any given sentence.
you must have references from no less than 10 Colorado natives.
cannot own a car with a green leaf or the word "hybrid"
There is a 20 year probation


Think I got all that including the 20 year probation, been here almost 22 years (and I kept my Colorado residency while serving in the US Armed Forces to defend and uphold the Constitution)....

SO...Like....I understand what you're getting at

[Byte Stryke]

Think I got all that including the 20 year probation, been here almost 22 years (and I kept my Colorado residency while serving in the US Armed Forces to defend and uphold the Constitution)....

SO...Like....I understand what you're getting at


Improper use of ellipse
Improper context of the word "Like"

Coloradoan status revoked

[KevDen2005]

Oh well, I'm staying anyway

[Byte Stryke]

Oh well, I'm staying anyway

Typical Californian attitude, I guess now you are going to tell us how you have the "fundamental right" to be considered a Coloradoan?
[LOL]

[KevDen2005]

Typical Californian attitude, I guess now you are going to tell us how you have the "fundamental right" to be considered a Coloradoan?
[LOL]


LOL....

and, Yes!

[TS12000]

Oh well, I'm staying anyway

Damn undocumented Coloradans

[Ranger]

Damn undocumented Coloradans

[ROFL2]

[Inconel710]

Here's the part that illustrates just how flawed the thinking of these people is:

If enacted, the initiative would state a finding that “foreclosure has become a method of increasing a lending institution, loan servicer, mortgagee, trustee and beneficiary’s bottom line and profits by turning borrowers out of their homes.”

They don't realize the bank LOSES on most foreclosures. They're already out the money they fronted you buy the house and typically don't get all of that back between your payments and how much they get from the sale of the house.

Typical, foolish, illogical, mushy brained thinking from California. Makes me even more ashamed I was born there. My only defense is my dad was a Marine and my birth there wasn't by choice!

[Byte Stryke]

Here's the part that illustrates just how flawed the thinking of these people is:

They don't realize the bank LOSES on most foreclosures. They're already out the money they fronted you buy the house and typically don't get all of that back between your payments and how much they get from the sale of the house.

Typical, foolish, illogical, mushy brained thinking from California. Makes me even more ashamed I was born there. My only defense is my dad was a Marine and my birth there wasn't by choice!


actually under the recent TARP program and the federal bailout it makes the bank MORE money.
They get to tack on administrative costs and the ORIGINAL value of the house as where originally they could only get resell value... which was causing banks to invert due to plummeting housing values

[TFOGGER]

Wow...it's like they looked back and said "hey, what fucked everything up in the first place? Yeah, let's do that again!"

It's pretty f*cked up when watching the legislative process in this country is like watching reruns of "Jackass"...[Rant1]

[Irving]

Passage of this bill would probably take foreclosure to the federal level. Federal judge would order eviction. Federal marshals would evict the tenant, then auction the house.

Why? Because banks are federally insured. They are NOT insured by the state. Federal law supercedes state law...

How banks are insured has nothing to do with this.

[hammer03]

Easy fix for that one, once the law passes all house purchases will just have to be cash purchases. There isn't a bank in the world that would guarantee a 300k+ home loan unsecured. Although if it's going to pass, I may just have to buy some investment property....