Underwater Homeowner Vote may turn election

The cheer leading and rah-rah, heard at the presidential conventions, has long since died down. BUT, both candidates left a huge election topic (Housing) unaddressed, and as a result, the door is now wide open, to speak directly on Foreclosures and Underwater Homeowners. It is important that both men address these two (2) related issues instead of repeating & summarizing all the problems by using drone like rhetoric and simply calling it a Housing Crisis.

ELECTION NEWSFLASH:
President Obama - you - and Governor Romney will be competing for votes of millions of homeowners. As presidential candidates, you need to address the housing issues (Underwater Mortgages, Foreclosure, Fraudclosure, principal reduction) especially in big swing states such as Ohio, Colorado, Nevada and Florida. Current estimates show there are between 12 - 16 million underwater homeowners,


3 Americans Speak About Foreclosure & Underwater Housing (OH, NV, CO)

OHIO:
The housing crisis has hit OHIO harder....than but a handful of states. As a result, many OHIO VOTERS are underwater on their mortgages (mortgage debt is greater than value of home) Recent housing market data shows more than a half a million (529,834) OHIO mortgages are underwater. What does that mean?

*1 Million (1,000,258) Ohio eligible voters are underwater
12% of the eligible voters - underwater & 528,834 home mortgages - underwater

*To put these numbers in perspective, the number of Underwater Voters in Ohio (1,000,258) is OVER 1/3 of the total votes cast for the winning presidential candidate in 2008.

MESSAGE:  OHIO VOTERS

please join the New Bottom Line Campaign:

 HOME IS WHERE THE VOTE IS

The national campaign has put the agenda and vote of 16 million underwater homeowners squarely on the national political agenda. ‘Home is Where the Vote Is’ is a multi state effort to have the candidates address the issue.
These voters WILL influence and help decide the presidential election outcome!

Tracy Van-Slyke (Director of The New Bottom Line) & Mark Roarty (Ohio FRAUDclosure) take message to the White House

RELATED: Ohio Blogger to White House for Housing Summit
The candidate that fails to seriously address foreclosures, underwater homeowners, and the resulting housing crisis WILL BE the candidate that loses! See below as Tracy Van Slyke shares the importance (below) on the new HUFFPOST - Firsthand

Move video slider bar and begin at 10 minutes in - Shocking Truth Explained

READ Huffingtonpost Business Blog:
Underwater Voters Take Aim at Obama and Romney over Housing
....Neither President Obama nor Governor Romney has proposed the bold solutions needed to address the housing crisis at the root of the American economy’s troubles. Resetting mortgages to fair market value is essential to keeping families in their homes and the recovery of the US economy and job market. Economists from both sides of the political spectrum support it. Resetting those mortgages to fair market value would save the average underwater homeowner $543 per month, pumping $104 billion into the national economy every year. This would create 1.5 million jobs nationally

'Home is Where the Vote Is' is organized by The New Bottom Line, a growing movement of community organizations, congregations, and individuals working together to challenge big bank interests and fight for principal reduction for underwater homeowners. Allies mobilizing underwater voters this season include Rebuild the Dream, Right to the City, Home Defenders League, Ohio FRAUDclosure and the hundreds of thousands of underwater homeowner and voting families.

Our neighborhoods are being destroyed by foreclosed homes. It's our communities that are deprived of hundreds of millions of dollars in revenue because too many homeowners have to unfairly pay the big banks instead of investing in local businesses. Entire communities are being blighted across our state and nation because of the failed policies and the on-going fraudulent practices of the big banks.

MORE: ...Huffington Post Business Blog - by Tracy Van Slyke

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John Boehner - US House speaker - sheds no tears for American Homeowners especially in home state of OHIO

Yes, by now, we have all seen, one of the tug-at-your-heart, emotional - crying episodes from
                  US HOUSE speaker - OHIO republican John Boehner

Courtesy of Huffington Post

Boehner claims he is a typical American and one of us, and that he'd spent his whole life "chasing the American Dream." It's hard not to get emotional - when listening to him - tell the story of what he and his working class family have accomplished. One of the families crowning jewel accomplishments - buying and owning a home - in the great state of OHIO.

Only 7 months ago (election night - Nov 2) and just after he learned the GOP had taken majority control of the House of Representatives, Boehner, in an emotionally charged speech - addressed the crowd. He said....

"....Listen, I hold these {American} values dear because I've lived them. I've spent my whole life chasing the American Dream.... I started out mopping floors, waiting tables, and tending bar at my dad's tavern. I put myself through school working every rotten job there was and night shift{s}, [A]nd I poured my heart and soul into running a small business." Boehner continued, his voice trembling. "And when I saw how out-of-touch Washington had become with the core values of this great nation,... I put my name forward and ran for office."

Boehner consistently voted with Wall Street on major policy issues.

In 2008 Boehner voted in favor of giving billions in bailouts to the Banks and Wall Street firms. But, in 2009 and 2010 he strongly opposed any oversight legislation that would have led to some financial reform. In his new job as House Speaker, Boehner is tasked with leading the GOP's Congressional agenda and heading up the corporate fundraising efforts.

According to a Wall Street Journal article, late last year, John Boehner made a public pitch and open challenge to James Dimon, the chairman and chief executive officer (CEO) of J.P.Morgan Chase, at a Capitol Hill restaurant. The challenge - GIVE US MORE MONEY!!! Mr. Boehner was alleged to have told Mr. Dimon that congressional Republicans had stood up to President Obamas' efforts to curb Wall Street pay and to impose new regulations. Apparently Boehner voiced his disappointment that many of the Wall Street Banks and investment firms continued to donate money to Democrats, while the Republicans were doing all the political "heavy lifting."  J.P. Morgan declined to comment to the Wall Street Journal for the article.

Boehner: you see all these little kids running around….(sniffle- sniffle)…I can’t talk about it

Leslie Stahl: Why? (can’t you talk about the kids without crying?)

Boehner: ...making sure these kids… have a shot at the American Dream….. Like I did.

It took only 6 months...to forget the American Dream ...after becoming Speaker.

"Crying - all the Way to the Bank"
As foreclosures have steadily ravaged his eighth district, Boehner has raked in millions of dollars of campaign cash from his friends working in the financial sector. Boehner has raised a staggering $4.25 MILLION dollars during his public career from the finance, real estate and insurance industries (according to the Center for Responsive Politics) Then, in just the first four months since becoming Speaker of the House, Boehner raised an additional $638,000 from this same sector - for his political action committees (PAC) and the Republican Party (according to Paul Blumenthal of the Sunlight Foundation)

For more on Boehner, please read the excellent (below linked) piece by Zach Carter (Huffington Post)

John Boehner Fights Foreclosure Relief As Housing Crisis Ravages His Ohio District

And a special thanks to a FRAUDclosure fighter -  Lisa E of (Foreclosure Hamlet)