Can’t pay your mortgage?

No problem: I’m with the government, and I’m here to help you.

by Allan Erickson

Business is down, but still chuggin’ along.  Some near-term setbacks had me up at 3:00 a.m. thinking it through.  This morning Jodi and I talked about how we might cut expenses and stimulate income in other ways. 

Heard a news report about how this new federal mortgage bailout plan works.  Apparently you have to have a serious loss of income or become unemployed, and fall behind on your mortgage for at least a couple months.   At that point you can apply for federal relief.

We talked about this worst case scenario. What would it mean if our small staffing business fails and I’m unable to generate income for six months or so?  Would we face default?   Would we apply for federal help?

Thinking it through we quickly realized if we did apply for government help, we would not be getting money from the government, we would actually be taking money from a fellow American, probably somebody in similar straits. 

The government is only the go-between, taking its cut of course, to pay Congressional salaries, and staff salaries, and salaries and expenses for federal bureaucrats, and trips to the Vatican on a jet operating at $10,000 per hour, and $100/lb. steaks for White House functions.   Heaven forbid the federal government look to cutting expenses and stimulating income via genuine economic development.   Easier to expand government and print funny money, pay off political favors and stimulate dependency.

For us, it would be morally wrong to ask the government for money.  To our way of thinking we would only be using the government to rob from a fellow American.

Participating in the federal mortgage bailout program would be immoral in another way.

This government has already saddled our kids and future grandkids with insurmountable debt.  If we took taxpayer money to cover our personal obligations, even for a short time, we would be robbing our kids and grandkids. 

Our Boomer Generation—already an abysmal failure—compounds our failure by plundering future  generations.  What a disgrace.

No.  If we can’t afford this house then we’ll have to sell it and downsize or rent.  It is not our neighbors’ responsibility to pay our mortgage, and it is not the role of government to take from one citizen to subsidize the irresponsibility of another. 

People who take mortgage bailout money ought to be ashamed.   They won’t be.  They’ll justify it.  They will tell themselves they deserve it because the rich are rotten, Wall Street is rotten, the Banks are rotten, it’s payback for racism, or some other mindless justification for sanctioning institutionalized thievery. 

People who got in over their heads need to manage their own affairs.   The majority could not afford a mortgage, and that situation has not changed, only worsened.   Default is still a likelihood.  Government bailouts only delay the inevitable, and for what purpose, so the President can look good?

A government that twisted the arms of lenders to make risky loans should butt out and stop meddling in private enterprise.  More meddling simply exacerbates the problem.

Apparently, most Americans are no longer about making hard choices and proceeding responsibly.  We used to be tough that way.   Rather, it appears, most Americans are content to stand by idly with their hands out, glad to have Uncle Sam rob from productive people to underwrite sloth and indigence. 

One day in America it was considered humiliating to take a hand out.

Today it’s celebrated, expected, even demanded.

How far we’ve fallen.



13 Responses to Can’t pay your mortgage?

  1. Donna says:

    Amen brother! Great article…Rick Santelli is speaking for all of us that are paying taxes. When the White House laughs at Santelli, they are laughing at all of us !! How ignorant are they ?!

  2. Allan Erickson says:


    Let’s hear them laugh when we decide it’s immoral to pay taxes.

  3. Thomas says:

    Immoral to pay taxes? Well, heck … Sen Reid said taxes were voluntary.

  4. Allan Erickson says:


  5. opinionoregon says:

    You put it so well.

  6. Dave says:

    Allen, never heard of you before, but after reading your article, you have my vote for POTUS! Keep ’em comin’.

  7. Allan Erickson says:

    Thanks to Dave and opinionoregon. Appreciate it you guys. Let’s stir it up!

  8. Colorado woman says:

    Thank you for these words of wisdom. I am only disappointed by the partisan comments from the people who will use this to make partisan arguments. This blog posting is in the spirit of unification, not division. We must all work together, AND we must all also handle our own affairs responsibly. It’s time to stop trying to blame. EVERYONE has been greedy. This man is showing a great example of how we get out of this. We pull ourselves up with our own intelligence and love. He shows love by showing concern for his neighbor. He shows love by not mentioning any partisan politics in his posting. He is an excellent example of how we should all be thinking. And this is also highly spiritual without being religious. This is the New Renaissance Man TEACHING us. This is real leadership in action. Please, why don’t you run for office. And Thank You again for sharing your wisdom. I hope you will continue to do so. Push it out there as much as you can.

  9. Allan Erickson says:

    Thanks Colorado woman:

    You humble me. Appreciate the encouragement! Let’s encourage one another to reclaim our heritage and the American spirit: love thy neighbor, take care of your family, do the right thing, leave dry kindling for the next person, respect the land, no cussin’ or spittin’ in front of women or children. Bless ya…

  10. Erica Rose says:

    A very well written article. Thanks for the good tips!

  11. Allan Erickson says:

    Thanks Erica. Grab an oar. We’ve got some rowin’ to do! God bless!

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