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Occupy Our Homes! Michael Moore Encourages Evictees To Stay Put!

| Filed under: TV NewsPolitikMichael MoorePiers Morgan

Very inneresting, indeed!

On Piers Morgan Tonight last night, Michael Moore once again made an appearance, this time to discuss the new Occupy Our Homes initivate, which, based on the suggestion by Democratic Rep. Marcy Kaputur, urges evicted homeowners to stay put and not leave the property, because if it's taken to court, the bank can't prove that they own the house because they no longer have the mortgage!

Ch-ch-check out his explanation (above)!

What do U think?? Do U agree with Moore's stance on this one??

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21 comments to “Occupy Our Homes! Michael Moore Encourages Evictees To Stay Put!”

  1. 1

    I did this once with a credit card debt that they were threatening me about-just wrote them and said show me how I owe you and I never heard from them again…so it is worth a try-and maybe people can keep their pets this way! Too many are going into shelters and rescues since 2008 housing crisis.

  2. 2

    The entire USA is a PONZI SCHEME!

  3. 3

    The Occupy Wall Street people are breaking the law and are nothing but lazy losers who don't want to work.

  4. 4

    Re: JennyJJJ – Actually, a lot of the protesters have jobs that they have to leave the protest to keep. The movement isn't about getting free hand outs, it's about the fact that, for example, the grad research students at my school make 25,000 a year (with threats to make cuts) compared to the President - whom is merely a talking head and does nothing - who is making nearly 500,000 a year with no signs of being cut. This while campus wide cuts are being made.

  5. 5

    I'd be interested to see what Michael Moore said after the clip ended. He said this isn't about someone getting a "free lunch." But, when you buy a home - the bank puts up the money and pays the seller. You then pay the bank back for the next 15-30 years until it is paid back. If you stop paying the bank back, why do you have the "right" to stay there? If I buy a car for a friend and she promises to pay me back by covering the monthly note - and she stops - do I just let her keep the car and get stuck holding the bag?
    It is a terrible thing when someone can no longer afford to pay for their home. I hope that circumstances beyond my control never put me in a position in which I can not afford to pay my mortgage. Should that happen, however, I don't think I have the right to stay here for free. It sucks, but what is the bank supposed to do? Forgive the loan? That's not realistic.

  6. 6

    Re: annief – The bank could work with the person in question to work out a payment plan they can afford rather than kicking them out of their home and losing any money they would have gotten if they tried to work out a new mortgage.

    Anyway, the point of foreclosing is so that the bank can then sell the house to someone else and cut their losses, right? Well in this economy with the housing market where it is, who is going to buy the house?

  7. 7

    Re: annief – Annief, well, I hope what happened to ME doesn't happen to YOU…I bought my house in 99, working 2 jobs,Abt 4 yrs ago my health probs.increased, medical bills started thru the roof & had to quit the 2nd job. I spent 1.5 yrs trying 2 get a mortgage modification.it was saving SOME $ but they had my financial info & knew I couldn't afford it..@I missed 1 house payment, late on 1, sent them $& called DAILY 2 say I'd send tax chk & get caught up..they would never let me talk to anyone-they trans me to non working #s, or they would hang up. stalled me until they could file foreclosure & then the 1,000 became $3,000 I was then behind w/all the bogus court fees..I couldn't get caught up..asked the Govert for modification based on MY HEALTH CRISIS..the govt DENIED ME..mortgage co. denied me–I work FT & force myself 2 go to work daily instead of sit home & get on medicaid to pay my bills. I've done it the RIGHT WAY AND IT SCREWED ME!! Now I wait for a realtor 2 call me back 2 sell the house or the sherrif will auction MY HOUSE for next to nothing..You said should the mortgage forgive the loan? I WASN'T ASKING THAT..But they would rather auction it & get only 10,000 or LESS instead of let ME PAY LESS? DOES THAT MAKE SENSE TO YOU!? Thats my life!!!

  8. 8

    Re: annief – The govt DID NOT HELP ME, the mortgage co. DID NOT HELP ME…my health suffered, my MEDICAL BILLS are why I'm losing my HOME! The mortgage co. gets their $ from INSURANCE..the $ they get when they auction MY HOME is just more $to them..they won't work w/me on keeping me in my home but they'll auction it FOR NEXT TO NOTHING!! Make sense? They get the $ from ins & get the piddly amt auctioning my house..the mortgage companies are not SUFFERING, IT'S THE PEOPLE LIKE ME! I don't sit home, I work FT, medical exp have killed me-I get NO HELP because I work!!!!!!

  9. 9

    Citi Mortgage is the devil, DO NOT FINANCE YOUR HOMES THRU THEM

  10. 10

    What he says "could" happen; but I am in the business and his generalizations are substantially incorrect.

  11. 11

    Re: Nellygrl – The president makes 400K and has 50K of allowed expenses. He makes this amount because if he weren't in the executive office, he would be making more and we want the best person for the job, not the most "economical choice". Yes, he makes a lot of money compared to the "average citizen" however if he were working in the private sector he would be making double that amount as he's reached the top of his "profession". The salary is an incentative to get the best person for the job. . Also, the grad research student is not at the top of his "profession" he is techincally at the bottom of it. Once the grad research student graduates with a PH.D and spends 20 years in that profession.. he/she will most likely end up working at a private company, making a six figure salary. It's not the same. It's called working up the latter. That is what makes a person. The cuts, the stratches, the trumph.. this is what makes a person, it's what gives you character.

  12. 12

    Re: Nellygrl – I tell you what….Assume the house is yours which you are renting out to someone else. You depend on the money from the rent you receive from your tenants to pay YOUR bills. They can no longer pay their rent. So you're just gonna let them stay there and "work out a payment plan"??? You don't have to be your bills now because your tenants can't pay their rent? And the cart keeps rolling. That cannot and will not work!!!

  13. 13

    The banks foreclosing on these houses is exacerbating the problem. I bought my home near the peak of home values, now there are SIX foreclosed homes comparable to mine within a half mile radius of my house that are selling for half of what I still owe on my house. Every day I am tempted to just walk away and let the bank have it.

  14. 14

    Re: Athena0619Re: Athena0619 – I hate when people compare the private and public sector… the private sector CEO's are overpaid and do not deserve what they get. And judging by the financial mess the world is in… they suck at their jobs! I'm sure an ape could do a better job running Bank of America!

  15. 15

    I'd like to see how many of these people actually HAVE jobs and have decided to stop paying the bank to get out of their previous loans that they overpaid. I would also like to see how many of these people DONT have jobs and how long they have "Been trying to find it" My point is that there are some eople who need help but the majority are people who are trying to find the loop whole to get the free lunch. America is always tryin to get something for nothing. Instead of locking arms and trying to protest why dont they all get together and help them raise the money or help them find jobs.

  16. 16

    Re: JennyJJJ – people, please, do not dignify deplorable behavior this scumbag with a reply.

  17. 17

    He left out the part of how that will destroy your credit for 7 years and you won't be able to buy or own anything until then…

    nothing like a rich man telling people to stay homeless….

  18. 18

    Re: sayswho – it is on your credit report dumbass.

  19. 19

    Re: glittery_zebra – Nobody is talking about rent here.

  20. 20

    Re: Athena0619 – Ummm, I was talking about the president of my school, not of the United States…

  21. @v@ says – reply to this


    'Initivate?' Do you mean initiative?
    Yes, I agree that the onus is absolutely on an alleged mortgage holder to prove they own the property they demand you be evicted from. That's pretty basic paperwork stuff. Some people are being evicted for pennies difference or petty disputes that they've attempted to and have the monies to solve over and over in the push to acquisition by some of these slippery outfits and their 'procedures.'