Minta Garcia demands Hussein Obama halt all foreclosures. She’s underwater on an $800,000 home.

Craig Meister at the Examiner.com points me to this typical CNN sob story clip of a bus driver named Minta Garcia who is demanding that President Obama halt all foreclosures. She’s underwater on an $800,000 home.

Repeat after me: Property value-preservation is not a civil right. Or is it now under Hussein Obama if you were just irresponsible, or simply a minority?

From the transcript:

ACOSTA: Like countless other Americans, Garcia admits she and her husband bought more house than they could afford, but she says the lender made the purchase all too easy. Now her mortgage is worth more than her house.

(on camera): How much was the house when you bought it?

GARCIA: Eight hundred.

ACOSTA: Eight hundred thousand dollars?. And how much is the house worth?

GARCIA: Right now, it’s like $675,000 on the market.

Tell you what, Mrs. Garcia. We’ll help you out with your bad financial investment when you agree to help the rest of us make up for our stock portfolio losses.

Cry me a river.

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February 23, 2009 · Filed Under Uncategorized

Comments

One Response to “Minta Garcia demands Hussein Obama halt all foreclosures. She’s underwater on an $800,000 home.”

Sherry on February 24th, 2009 5:48 pm

What she doesn’t tell us is that she owned at least 3 properties from 2006 to 2008. Poor woman.

She has owned a condo at 6001 Arlington #721, Falls Church, VA since 1999.

She purchased 3438 Charles Street, Falls Church, VA on 1/05/05 for $510,000 and sold it on 6/10/08 for $429,000.

Her current home – 1920 N. Dinwiddie Street, Arlington, Va -was purchased with her husband (Luis Guillermo Flores) on 11/16/06 for $800,000.

Looks like they just got greedy. Are these the poor people that we’re supposed to help????

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