Will Wealth Redistribution Extend to Paying Your Neighbors Mortgage?
There is going to be a shitstorm of outrage if Obama and his incompetent administration goes ahead with this rumored mortgage bailout of underwater loans. The liberal elite in Washington is simply doing whatever it wants without regard for the people. They are corrupt and will be happy to forgive portions of your neighbors loans in return for their votes.
Those of you who bought a house and used a large down payment will be screwed. Those of you who bought within your means will be screwed. Those of you who have not bought a house in the last 10 years or so will be screwed. Your kids are going to be paying for this their whole lives. Your grandchildren will be paying for this their whole lives. It is generational theft and is immoral. I am sorry your house is financially underwater. Are they going to extend the same courtesy to cars?
We are going into debt in huge amounts due to all of the so-called Democrats (read Socialists) spending sprees over the last 2 years. It is insane. To pay for all this my taxes will probably go up. I do not believe for a minute that making less than $250K will save me from a large tax burden. My health care benefits will most likely go up as well. I am F#$%@! sick of this. I sit here seething at what the government is doing to this country.
This mortgage bailout better not happen. It best stay a rumor. You think people were pissed about TARP, then health care? You ain’t seen nothing yet.





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