Tuesday, March 25, 2008

Clinton Unveils Plan to Ease Housing Crisis

Well this ought to be entertaining:

The Democratic contenders have flayed President Bush for embracing policies they say have fueled the economic slide. They have criticized the stimulus package he hammered out with Democrats in Congress as insufficient and have pressed for more relief for low- and middle-income Americans.

On Monday, Clinton laid out a plan in Philadelphia aimed at slowing mounting foreclosures, renewing her call for greater lender transparency and for $30 billion in assistance for individual homeowners and communities to help most Americans through the credit crunch.

Great, another $30 billion dollars.  Tell me Hillary, where are you going to getpatriot_HRD_tn this money from?  Are you going to take it out of the $300 million that you've gotten earmarks for?  You complain about spending, yet you're willing to blow another $30 billion, which is $100 for every man, woman, and child in America, to bail out people who don't deserve it.

Clinton used a speech at the Un iversity of Pennsylvania to argue that the federal government should apply the same kind of resources to assist individuals as it did in bailing out investment giant Bear Stearns.

"Let's be clear: When families are losing their homes, that's also a financial crisis," Clinton said. She spoke not far from the site where Obama last week delivered a rousing address on race -- and her campaign was pleased with the juxtaposition in the hope that blue-collar voters will be swayed more by pocketbook matters than the loftier subject of social harmony.

No, let ME be clear.  The people and companies who are involved in this "mortgage crisis" are there because of their own doing.  If you bought a house that you couldn't afford, tough shit.  Sell it and move into an apartment.  You should have read the conditions of the loan or prepared for the possibility of you losing your job or interest rates going up.

If you loaned people hundreds of thousands of dollars who normally wouldn't qualify for it because you wanted to squeeze out a few extra bucks from people, tough shit.  Take your loses and move on.

It's called tough love people.  Everyone involved needs to hear the truth:  You're in this mess because of your own doing.  It is YOUR fault.  Chalk it up to a life lesson learned and rebuild.  That's what Americans do.  We get kicked in the teeth by life, but we pick ourselves up and dust ourselves off.  You should be ashamed of yourselves for giving into such self pity.

Hillary Clinton:  You should be ashamed of yourself for being such a conniving bitch, willing to sell out future generations to bail out people who can't plan ahead.  The market is correcting itself, nothing more.  If that means that businesses and homeowners need to file bankruptcy, then that's what that means.  If companies go out of business because of it, then that's what that means.  If people need to take an extra few years to get back on their feet, then that's what that means.  It pisses me off that someone lives in a bigger house, has a larger car, and lives high on the hog, then has the fucking nerve to ask for a bailout when it all comes crashing down.  And it's idiots like Hillary Clinton who will in essence, try to buy votes with taxpayer money.

My wife and I pulled in more than $100k last year and I drive a 3 year old Honda Civic.  I don't have kids in private schools or have no plan if I lose my job.  That's how it's supposed to work.  If you didn't plan ahead and you've been caught with your pants down, you have only yourself to blame.  Sorry kids, but that's the difference between Republicans and Democrats.  Republicans will allow you to fall and pick yourself up.  It's the greater freedom you have.  It makes you a stronger person who can deal with the problems that life gives you.  Democrats will give you the kid glove treatment and give out handouts while hard working Americans pay for that.

 

Travis

travis@rightwinglunatic.com

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