Well, he is at it again. Another spending package. Why should people that are getting foreclosed on get to get money from the government? If they can't pay their mortgages now, why do we think they will pay them in a 6 months? a year? The new plan actually rewards people for being irresponsible. It gives them a $1,000 up front and then if they are still current on their new mortgages another $1,000 in a year. WTF is going on in America. Is anybody going to give us money for paying our mortgage on time? Answer, no.
Why should these people get to re-negotiate their loans? This is the new Liberal America where there are no consequences for personal conduct. Buy a house to big for your income, no problem, the government will sweeten the deal and lower your payments to 31% of your income level, and the governement will pick up the tab for any fees associated with lowering yoru rates. Get pregnant because you are too stupid to use contraception, no problem, just get an abortion. The liberal left will not be happy until the day when Americans are totally reliant on the governmente for their handouts. Ask California how well it is working in their state. Last check has California at $42 billion in debt, oopsy.
Hopefully the majority of people losing their jobs are liberals, after all, it was the liberal agenda of Clinton and the Democratic controlled congress that put us in this position to begin with. It is amazing that people have forgotten that when Ronald Reagan took office unemployment was almost 11% and prime interest rate was 21%. What did he do to get the economy going again?
CUT TAXES ACROSS THE BOARD, PERIOD. What happened after he did that? Well, the biggest economic boom this country had seen since World War II is what happened, but the Democrats wanted to spend money on all their liberal pet projects instead, and because of their egos and their ignorance you will suffer for the next 10 years probably, 4 for sure. Why is it you have not heard one economist say that Obama's plan as it is laid out will restart the economy and get things going forward and upward? Because it won't, that's why.
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