Thursday, February 19, 2009

The Outrage Is Beginning

Mr. President - Pay Attention To The Person On The Street!  

I do not live in a sheltered environment.  Nearly everyone I speak to has a comment about the government spending program.  While there is some debate as to whether spending will stimulate anything (I don't think so, but I could be wrong), everyone uniformly criticizes the plan to subsidize mortgage payments so people can stay in houses they can't afford.  There is sheer outrage when discussing the mortgage bailout plan.  

Most of us work hard and play by the rules.  We spend our money wisely.  We bought houses that we could afford with 30 year fixed mortgages (well, most of the people I know).  We didn't move up into the $1,000,000 - $2,000,000 McMansions because we knew the monthly payments ate up too much of our monthly income.  We bought on credit, but we paid the credit back.  Now, we want to punish people like us for living responsibly and reward those that took a risk and failed.  Instead of making them pay for thier mistakes,  our governement is making us pay for our neighbor's mortgage.  This goes beyond a liberal-socialist wealth redistribution plan.  It is pure stupidity.  It turns my stomach.  It is the stuff that foments rebellion.  It is acts like those that will be cited as one of the reasons for the Second Boston Tea Party.  

Not only is it morally wrong - and even liberals have morals (I know, I was a knee-jerk liberal in my younger days) - but it is being funded with money we don't have.  Ultimately the $275,000,000,000 mortgage subsidy plan will cost much more, and will be funded either with a substantial increase in taxes paid by those who worked hard, saved and played by the rules, or will be funded by the cruelest tax of all - the devaluation of the dollar.  We know this; we understand this.  Don't let it happen.  Taking my money to line your friends pockets is not only undemocratic, but it will lead to the downfall of our form of government.  You are starting a rebellion Mr. President.  Let's have some change we can believe.

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