If the bank owns my house, why do I have to pay property tax?

comet777 wrote:

The answer is simple. The banks have made a deal with the government, or the government made a deal with the banks, it doesn't matter either way, and they did it behind closed doors.

The government promises the American dream of owning a home, but you have to pay for a place to live on this Earth that you were born into. Somehow that doesn't make sense to me. The real Americans, the native American Indians did not have to do this. It is a capitalist creation. It is easy for the rich to buy a home, but impossible or difficult for the majority. So the government made laws for a person to borrow money to have their American dream. But the banks said, only if we can write the contract. And here is what the contract says.... the homeowner must agree to pay all expenses, taxes, insurance, HOA's, whatever, even though the bank is the owner until all payments are received, or they will not lend money for mortgages.

And "our" government agreed to this one sided contract! Or all of us would be renters. And that would not look good to sell the "American dream."

And even today, home ownership is slipping away due to corporate/political corruption and greed. There are many people who were born here who do not own land, and many people who were NOT born here who do own land, the rich from other countries. Why? Because, in fact, America is a land that is sold to the highest bidder, not the land that belongs to those who were born here. The American dream is a joke, a farse.

The American government is really acting unconstitutionally. It is not, "by the people, for the people." I don't think it ever was. Since the beginning of time, it has always been government by the rich for the rich, by special interest for special interest. And that is the same for every government whether Communist, Socialist, or Democratic. They ALL start claiming to be the servants of the people, and they ALL grow into the masters of the people, ruled by the one percenters, who truly believe they know more than the 99 percent. But governments are a necessary evil. Unfortunately, without some type of authority, there will be chaos in the streets. Look at Haiti now.

I recently read a quote on how an empire falls but I can't find it right now. It went something like this, Toward the end of an empire, the rich plunder and hoard the wealth and natural resources of the empire and then abandon the empire by moving to another country taking their spoils with them, and leaving the poor and middle classes to pick up the garbage that the rich left behind. I believe that is where the U.S. is right now.

comet777 wrote:

The answer is simple. The banks have made a deal with the government, or the government made a deal with the banks, it doesn't matter either way, and they did it behind closed doors.

The government promises the American dream of owning a home, but you have to pay for a place to live on this Earth that you were born into. Somehow that doesn't make sense to me. The real Americans, the native American Indians did not have to do this. It is a capitalist creation. It is easy for the rich to buy a home, but impossible or difficult for the majority. So the government made laws for a person to borrow money to have their American dream. But the banks said, only if we can write the contract. And here is what the contract says.... the homeowner must agree to pay all expenses, taxes, insurance, HOA's, whatever, even though the bank is the owner until all payments are received, or they will not lend money for mortgages.

And "our" government agreed to this one sided contract! Or all of us would be renters. And that would not look good to sell the "American dream."

And even today, home ownership is slipping away due to corporate/political corruption and greed. There are many people who were born here who do not own land, and many people who were NOT born here who do own land, the rich from other countries. Why? Because, in fact, America is a land that is sold to the highest bidder, not the land that belongs to those who were born here. The American dream is a joke, a farse.

The American government is really acting unconstitutionally. It is not, "by the people, for the people." I don't think it ever was. Since the beginning of time, it has always been government by the rich for the rich, by special interest for special interest. And that is the same for every government whether Communist, Socialist, or Democratic. They ALL start claiming to be the servants of the people, and they ALL grow into the masters of the people, ruled by the one percenters, who truly believe they know more than the 99 percent. But governments are a necessary evil. Unfortunately, without some type of authority, there will be chaos in the streets. Look at Haiti now.

I recently read a quote on how an empire falls but I can't find it right now. It went something like this, Toward the end of an empire, the rich plunder and hoard the wealth and natural resources of the empire and then abandon the empire by moving to another country taking their spoils with them, and leaving the poor and middle classes to pick up the garbage that the rich left behind. I believe that is where the U.S. is right now.

excess military expenditures destroy ... wrote:

comet777 wrote:

The answer is simple. The banks have made a deal with the government, or the government made a deal with the banks, it doesn't matter either way, and they did it behind closed doors.

The government promises the American dream of owning a home, but you have to pay for a place to live on this Earth that you were born into. Somehow that doesn't make sense to me. The real Americans, the native American Indians did not have to do this. It is a capitalist creation. It is easy for the rich to buy a home, but impossible or difficult for the majority. So the government made laws for a person to borrow money to have their American dream. But the banks said, only if we can write the contract. And here is what the contract says.... the homeowner must agree to pay all expenses, taxes, insurance, HOA's, whatever, even though the bank is the owner until all payments are received, or they will not lend money for mortgages.

And "our" government agreed to this one sided contract! Or all of us would be renters. And that would not look good to sell the "American dream."

And even today, home ownership is slipping away due to corporate/political corruption and greed. There are many people who were born here who do not own land, and many people who were NOT born here who do own land, the rich from other countries. Why? Because, in fact, America is a land that is sold to the highest bidder, not the land that belongs to those who were born here. The American dream is a joke, a farse.

The American government is really acting unconstitutionally. It is not, "by the people, for the people." I don't think it ever was. Since the beginning of time, it has always been government by the rich for the rich, by special interest for special interest. And that is the same for every government whether Communist, Socialist, or Democratic. They ALL start claiming to be the servants of the people, and they ALL grow into the masters of the people, ruled by the one percenters, who truly believe they know more than the 99 percent. But governments are a necessary evil. Unfortunately, without some type of authority, there will be chaos in the streets. Look at Haiti now.

I recently read a quote on how an empire falls but I can't find it right now. It went something like this, Toward the end of an empire, the rich plunder and hoard the wealth and natural resources of the empire and then abandon the empire by moving to another country taking their spoils with them, and leaving the poor and middle classes to pick up the garbage that the rich left behind. I believe that is where the U.S. is right now.

Excessive military expenditures destroy empires.

When a nation, year after year continues down the road of excessive military costs and fail to raise taxes on the most wealthy, eventually aid to senior citizens, orphans, disabled and widows will be cut. About 25 years ago, disabled vets were no longer able to receive both SSI and veteran disability payments. About nine years ago. Social security and military disability payments were to set to grow at 50 basis points less than inflation.

A nation which tells senior citizens, orphans, disabled and widows to survive on less in order to win the next military conflict on the other side of the world, fails. All the big military empires failed.

Let it Rupp wrote:

excess military expenditures destroy ... wrote:

Excessive military expenditures destroy empires.

When a nation, year after year continues down the road of excessive military costs and fail to raise taxes on the most wealthy, eventually aid to senior citizens, orphans, disabled and widows will be cut. About 25 years ago, disabled vets were no longer able to receive both SSI and veteran disability payments. About nine years ago. Social security and military disability payments were to set to grow at 50 basis points less than inflation.

A nation which tells senior citizens, orphans, disabled and widows to survive on less in order to win the next military conflict on the other side of the world, fails. All the big military empires failed.

Social security and healthcare are the #1 and #2 federal budget categories, with defense at #3. Medicare was 1% less than defense. The top 1% paid 45% of taxes.

Please explain how the government can't afford to take care of people because of billionaires and the military with these figures. I know it's the popular, edgy liberal talking point, but we need more facts and less emotional platitudes to be convinced.