Take the Bipartisan No-Vote Pledge

We all know about the housing bubble: From 2003 to 2007 banks grossly over-valued homes; with lower interest rates, they set up mortgages according to what the applicant could afford monthly. Not according to a housing value that could be sustained over time. Banks are in the mortgage business – not homeowners. They have decades of statistical data to project an area’s sustained economy including employment, business activity, and especially projected and sustained valuation. We relied on banks as business partners to accurately assess the home we were buying. Banks got greedy, overvalued homes, created a bubble, then hedged their bets and low and behold – boom, housing bubble burst. Banks got “bailed out” and the homeowners got The Affordable Mortgage Act. This Act was doomed to fail as the main thing threatening our American dream of homeownership, over valuation, was left totally at the discretion of the bank holding the mortgage. Has even one person gotten their bank to adjust their principal amount downwards? Homeowners in many areas are currently from $50,000 to $150,000 underwater with their mortgage. These Americans are stuck in limbo, cannot move to another location for employment purposes as they can’t sell; may have taken a new position which requires them to commute long distances costing hundreds more each month; cannot contribute to the economy, some are barely hanging on, and most of all, have all been robbed of their futures. Suzy Orman, who is one smart cookie, has stated she doesn’t believe that the housing problems will resolve until 2023. Do these Americans have that long? We think not.
According to a team at Bloomberg News, at one point last year the U.S. had lent, spent or guaranteed as much as $12.8 trillion to rescue the economy with the bank bail-out. But nothing has been done for the victims of these banks’ criminal actions to reduce their principal mortgage amount, bring housing back to its real values, give back these Americans the equity that was robbed from them, and allow people to live in a home that they have put everything they own into. 22,500,000 American homeowners are underwater. Foreclosures are still in the news every week. Banks are happy to foreclose or short-sale a home, passing on the benefit of a reduced principal amount to the next buyer. But why can’t they give that benefit to the current homeowner who has put everything they have into a home? Why shouldn’t these Americans be made whole again, just like the banks?
If you are underwater, know someone who is, or just want things in America to be right again, then let your voice be heard and DON’T VOTE! Don’t vote Democrat, don’t vote Republican. This is not a Democrat problem or a Republican problem, this is an American problem. 22,500,000 Americans need your voice to be heard. We demand that these Americans have the principal amounts of their mortgage reduced to current value now. We must demand action before the election to make these Americans whole again by pledging WE WON’T VOTE in November.