[identity profile] coldblossom.livejournal.com posting in [community profile] therightfangirl
Did you all hear The One's mortgage bailout plan this morning?

He plans to spend $75 billion to subsidize defaulting home mortgages. He claims specifically to target families that are "under water," that is they owe more than the home is worth (which is my specific situation). He intends to use money taken from us via taxation to subsidize this "program." Does that mean that anyone on this program would be living in "public" housing?

He plans to STEAL (I cannot temphasize that enough) our money from us and give it to our neighbors so they can stay in their McMansion with their boat and BMW. I don't care what his justification for it is, and I don't care if it IS going to an Octomom-type who only wants to feed and shelter her kids; its theft. What is the quote about when a person steals, its a crime, but when a government steals, its OK?

So now we're paying our mortgage and literally (through Obama's bull-sh!t tax system) our neighbors, too. Its official, now, what we'd long expected would happen. I don't want to pay my mortgage any more. I could use that money to buy a boat. God knows that's what everyone else is doing. There is zero incentive--beyond a good credit score, but that point is rapidly becoming moot--to pay one's mortgage (or any bills, it seems, as defaulting lending institutions will get bailed-out when they can't collect on their debts) anymore.

This post:
"$75 billion divided by 9 million = $8,333. That's it. That's the total amount per home the suggested amount will cover. That won't even cover 6 months of low-rate mortgage payments in most areas, and I don't know of anyone who owes that little on their house. This, of course, assumes absolutely no overhead or other expenses, which is wishful thinking with the federal government. What about all the moochers? How are they to be weeded out? Transparency? Please. This "bailout" is akin to the $13/wk "tax cut" everyone making under $75,000/yr just got (which is actually less than $8/wk BEFORE taxes, if one divides $400/yr by 52 wks/yr). Is all of this bad joke?"


Shows just how wasteful and stupid and socialistic this is. Obama's enacting a revolution by cramming all of this horse-puckey through and so far he's winning without firing a single "shot."

[link]

*explodes*


Date: 2009-02-18 06:48 pm (UTC)
From: [identity profile] pat-t.livejournal.com
Oh yeah, you got to love the *tax cuts* we all got. Not! And this is just bull. All of it. And Congress is voting themselves a raise. Personally, I think the country has gone to hell in a hand-basket. I was hoping we could recover in 2010, but at this rate, it may simply be too late.

Date: 2009-02-18 07:06 pm (UTC)
From: [identity profile] darth-firefly.livejournal.com
You know, the more I see what that man is doing, the more it makes me want to start punching people I know who voted for him.

Date: 2009-02-18 07:12 pm (UTC)
From: [identity profile] la-christine.livejournal.com
Have you asked them if their Messiah is meeting their expectations?

Date: 2009-02-18 07:16 pm (UTC)
From: [identity profile] darth-firefly.livejournal.com
No, because I want to keep my job.

Date: 2009-02-18 07:23 pm (UTC)
From: [identity profile] la-christine.livejournal.com
Guess you're not going to be able to punch them without losing your job either then.



Date: 2009-02-18 07:27 pm (UTC)
From: [identity profile] darth-firefly.livejournal.com
Yeah... of course, it's a very, very good thing they can't read minds.

Date: 2009-02-18 07:30 pm (UTC)
From: [identity profile] la-christine.livejournal.com
I guess they aren't very tolerant of others viewpoints?

Date: 2009-02-18 07:54 pm (UTC)
From: [identity profile] darth-firefly.livejournal.com
Oh, you know libtards... kiss the terrorits and kill the babies.

Date: 2009-02-18 07:55 pm (UTC)
From: [identity profile] x-1013-x.livejournal.com
Holy crap, I want to do more than punch them. I want to punch them repeatedly, kick them, bitch smack them...you name it. This is just out of control BAD!

Date: 2009-02-18 11:31 pm (UTC)
From: [identity profile] darth-firefly.livejournal.com
Yes, but unfortunately, we have 'no weapons' signs in my place of employment and walking in with a metal baseball bat violates that rule.

Date: 2009-02-19 12:23 am (UTC)
From: [identity profile] pastygothchick.livejournal.com
A keyboard wielded properly can be very effective. Accidentally leaving file drawers open, cabinet doors, or shopping thinkgeek for annoy-o-trons.

Not that I condone violence.

Date: 2009-02-18 07:12 pm (UTC)
From: [identity profile] mockingbird39.livejournal.com
I really should have bought one of those conversion condos by Boston Harbor last year. I couldn't afford it, but in Obama's America, that doesn't matter. *sigh*

Date: 2009-02-18 07:23 pm (UTC)
From: [identity profile] craneke.livejournal.com
*headdesk*

I am SO TIRED of the government STEALING our money to pay for people who aren't responsible enough to figure out whether they can afford what they're buying or not. It would be MUCH cheaper just to let our neighbors steal the stuff from us anyway.

Question for discussion: where do you think this is going to come to a head? Is it going to be the dollar collapsing, citizens getting fed up and revolting, or what? What if everyone just stopped sending tax money to the government? If a ton of people did it, there isn't a whole lot they could do about it.

Today, working on my taxes, I was halfway tempted to send copies of all my receipts and crap and telling THEM to figure it out.

Date: 2009-02-18 07:28 pm (UTC)
From: [identity profile] la-christine.livejournal.com
Someone at work yesterday was talking about how they're going to have to raise taxes in order to get us out of this budget crisis (I'm in California). If its mentioned during lunch I'll point out that we Californians pay the highest income, gas, and I believe property taxes and if they can't figure out how to live with the tax money they already collect then they shouldn't be running the state at all.

I love my country but I really hate my government right now.

Date: 2009-02-18 07:29 pm (UTC)
From: [identity profile] moony-blues.livejournal.com
citizens getting fed up and revolting

That's what my father thinks is going to happen. I just might join the revolution myself, if it comes to that. I think our founding fathers are rolling in their graves... Hell, Reagan's rolling in his.

Date: 2009-02-18 07:39 pm (UTC)
From: [identity profile] moony-blues.livejournal.com
"The tree of liberty must be refreshed from time to time, with the blood of patriots and tyrants." —Thomas Jefferson

I know it's awful, but I'm beginning to think that we might be overdue. D:

Date: 2009-02-18 07:44 pm (UTC)
From: [identity profile] i-am-pellucid.livejournal.com
I'd love it if every red state seceded from the union. What would be even more amusing is if every red county seceded; we'd have all of the farms and natural resources and industry, and the Dems would have a bunch of inner cities and almost nothing else.

Date: 2009-02-18 07:54 pm (UTC)
From: [identity profile] caromiofic.livejournal.com
I'm in a red county in CA surrounded by blues. Unfortunately, we're just suburb type towns, homes and businesses.

Date: 2009-02-18 08:24 pm (UTC)
From: [identity profile] scarletumbrella.livejournal.com
We're currently living in a socialist country. Obama is a socialist dictator. He seems to intend to make the US as socialist as possible. I'm bracing for the onslaught.

Date: 2009-02-19 02:26 am (UTC)
From: [identity profile] lazypadawan.livejournal.com
I honestly feel badly for anyone in foreclosureville because of an unexpected job loss or plummeting market values but I have no sympathy for house flippers looking to make a killing or for people trying to use no-money-down/variable rate mortgages to buy houses they really can't afford. I'd like a five million dollar house overlooking La Jolla cove too but that doesn't mean I'm entitled to buy it.

Like all well-meaning government fixits, this is not only doomed to fail but doomed to make things worse instead of better.

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