The Little Man and the Great Man – All Laid Low In the Great Real Estate Crisis of 2008
August 22nd, 2008 . by Jon ModeneI will have to change the names and places and details to protect the identities of those involved, but the following story you are about to hear is true.
I had to go and inform a man that he had to leave his Wood County home. It was his only home. He and his little dog lived there. As things sometimes happen in life, he had gotten very ill.
This caused him to miss work. This caused him to lose income. This caused him to miss house payments. The nefarious lender that had “helped” him to refinance his house had really and truly taken advantage of him. His house was overleveraged. His equity was who knows where. The whole fabric of his life was torn and tattered just like the tee-shirt he was wearing when he stood on his front porch, and told me his sad story.
Not a friend in the world but his little dog.
And the bank says you have to move out.
Now.
Today.
The Great Man?
He lives in the country club. He drives the fancy foreign car. For many years he has worked in the “financial services industry” helping people to refinance their homes and live out the American Dream.
One night after church three weeks ago, after he avoided all of my calls and attempts to communicate with him, I stopped by HIS house.
It’s a big house.
The lawn service had just been there.
But I had a message from the bank.
You have to move out too.
The little, forgotten man and the great man.
Both ends of the economic and social spectrum.
Both crushed and harmed and defeated by the economic forces roiling the waves of formerly placid Wood County. What is happening to our little County? A cursory examination will show you that many, many people are suffering www.woodcountysheriff.com/showpage.asp?id=7
Hundreds of families.
Why? I suppose it is because of how we are living and how we are treating each other.
The little men have been taken advantage of.
The great men? They need to study a Book. It teaches something about sowing and reaping.
The last time this happen we came “this close” to avoiding a revolution in this country.
I hope some people in the centers of power and “leadership” are paying attention. I really do.
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