lost home as well as husband

Cinnamon, an African American mom, lost her home as well as her husband in the subprime mortgage crunch and, as she tries to protect her kids from the double trauma of losing their dad and their home, she was very angry to hear that President Bush thought it was all her fault for wanting to give her kids a home she couldn’t afford.

"I suppose Bush thinks that Katrina was our fault, too," cries Cinnamon. "And maybe his next move before be returns to oblivion is to get FEMA to dust off those formaldehyde polluted Katrina trailers to house all us black deadbeats he blames for causing the subprime mortgage crunch."

"Even my parents were suckered in by this easy money," says Cinnamon. "They've been in their home for 30 years and bought in under Sec.8, the low income housing funds that were cut by Bush. They've refinanced about 3 times already -- to buy things they don't really need -- and are now paying a much higher mortgage and will never own their house and may very well lose it, too."

"For President Bush to blame sup-prime borrowers for not understanding the documents they signed -- and as such they deserved to lose their homes -- is to deny his role in a government funded by financiers promoting home ownership over tenancy and encouraging people to use their home equity to go shopping, and to sell their homes and buy bigger homes every 2-5 years."

"I have every right to blame Bush for my marital breakup and my kids having to suffer the double trauma of a broken home and no home to call their own any more,” says Cinnamon. “He allowed this scam to operate under his watch, didn’t he?”

“My kids will now have to grow up being traumatized by never-ending moves to rental properties,” says Cinnamon. “Avoiding this fate was why I signed up for a home in the first place.”


Read more by Cinnamon on this issue:

subprime black deadbeats?

subprimers deserve to lose homes?

subprime separation