ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

The American Dream and just plain dumb. If you are paying on a 30 year mortgage, you might want to rethink it.

Updated on March 15, 2013

Go figure: for this we swap our integrity.

Suburbia anywhere
Suburbia anywhere | Source

You make the call. Someone is lending you money on faith that you will make your payments for 30 years.

The great lie.

Maybe you think that megacorps give a crap about you. Maybe you think that because there is a human on the other end of the phone connection that means someone cares. Maybe you think because of wonderful color ads or cinematography that they really mean that they care about you as a consumer/customer. That is cool, I feel good for you.

There is much debate about faith after proof. That is just downright silly. Faith does not require proof. Proof requires no faith. Somehow our larger financial institutions have you relying on faith in order to enter into agreements with them. And even more astounding is our belief that it is right to honor those agreements. That is crazy old school that assumes ethical and one on one relationship to bind our words. Take my word for it, there is not an ethical, moral fiber in the corporations that take advantage of you and break a bunch of laws in the process.

There are a slew of federal and state laws that govern your contracts with these “untouchable” corps. Next time you get an unsolicited letter from a group intending to right the wrong of mega corp, read it and get on the internet and research it. You will not get a slew of money, but the bad guys will be forced to pay a slew, not enough but at least something. The reason those “class actions” work is because the bad guys did wrong. The reason you do not get a slew is because that would trash and beat to hell the innocent stock investors.

Let’s just take Fannie Mae. So cool they are that they are involved with more than 80% of all American mortgages. Could they ever care about you? I think not. Well assume you do some business with Bank of America. They just handle over 85% of all checks that pass through our system. Oh sure they care about you and your check, and Santa Clause lays golden eggs that float into the sky.

Sheer numbers that reach into the stratosphere, are designed to eliminate individual transaction caring. They do cost benefit analysis to determine how to cheat you and how much. They actually have meetings to discuss the percentage of folks that will get pissed and do something about violations of law and calculate that into the cost benefits of cheating you.

I gotta make my accord for being a part of the system. I hope you do not have to make your accord for letting them get away with it.

The concept of the American dream was before mortgages. Then through advertising they kept the myth going. I really do not want a white picket fence -- do you?

Books and buildings do not make law, we do.

Too Big and too powerful, no. frightening yes.
Too Big and too powerful, no. frightening yes. | Source


    0 of 8192 characters used
    Post Comment

    • NubianGoddess profile image


      6 years ago from James Island

      i agree on the idea of investing time and integrity into each other instead a dream that is not realistic for most American.

    • Ericdierker profile imageAUTHOR

      Eric Dierker 

      6 years ago from Spring Valley, CA. U.S.A.

      Thanks udontnomi, I am hoping that in the long run some of the reforms will help. But I am not holding my breath.

    • udontnomi profile image


      6 years ago from intense introspection

      When your company name is something ridiculous, like Fanny Mae, you can expect ridiculous results. I hate to think of what will become of Google. I have seen a lot of shabby foreclosures and suspect bank closings from a front row seat. Disgusting.

      Keep the faith, there's more than proof enough.

    • Ericdierker profile imageAUTHOR

      Eric Dierker 

      6 years ago from Spring Valley, CA. U.S.A.

      I got issues, rcrumple. I have not been able to let it go. I was smart enough to stop working in the field, but my gut draws me back. "propaganda" is maybe too gentle.

    • rcrumple profile image


      6 years ago from Kentucky

      I couldn't agree with you more. Business is only about the P&L bottom line. "Be nice to them so they won't notice when we stab them in the back" type procedures. That's why their advertising and marketing departments (excuse me, "Propaganda Departments") are usually the busiest. Been there, done that, don't want to go back. Great Job!


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)