Foreclosure Bailout Bill

I have posted previously on this topic, but it looks like it is coming up soon for vote. So i thought i would blog on it again.

As you all know, there is a major foreclosure epidemic going on in this country. I will first talk about why this is. We as American's don't know the meaning of NO. we think we are entitled to everything. We feel that nothing is our fault. We feel that if we get in trouble that the government will save us from ourselves. Is this not true for the majority of Americans?
So, the american's go about life as if nothing could ever happen to them. Americans can see that they have to cut back on their spending, to protect the most valuable asset they have. So we, as Americans, would never think twice of getting rid of our phones, cell phones, text messaging, internet, fancy cars, cable television, big screen televisions, and on and on and on. We can't see that if we cut back on our spending, get rid of the luxuries we have, and be sensible on what we drive, many Americans would not be in this spot. Now i am sure i have thoroughly pissed off many of the American readers here. But i have to call it like i see, and you know what, if it came down for me to have to cut back some spending and i have to lose some of my luxuries it would be hard, but my family's necessities are more important than my struggling with no luxuries.

However i digress. The House of Disrepresentatives Democrats are trying to get a bill to vote that would "Bail Out" foreclosures. This bill would pump $4 billion into Fannie Mae and Freddie Mac, companies that are government sponsored. But this bill has sinister core to it. This bill would not be used for people going through foreclosure, to keep them from being foreclosed on. No, it will give this money to these two companies to allow states to buy foreclosed houses. Why would the state need to buy up these houses? Think About It. This give the government more control on housing, because they will own the houses. I have said it before, that our current politicians are trying nothing more than to take down the road to Socialism. This is one more step and one more example of this.

We need to stand up and say NO. No to more government control. No to more spending that adds to our deficit (which is the whole point Democrats used in the last election, but they spend more that the Republicans did in the previous years).

We need to allow the free market to take over and this issue would work itself out. We don't need more laws to protect us. If part of the mortgage crisis is because of sub-prime lending, then isn't it against the law to take advantage of other, whether it be by lying, cheating, stealing, etc. We have the laws to punish those perpetrators that do this, so why do we need more government involvement? WE don't.

But it will not get any better until we make our voice heard and stand up.

Plus this bill was created by 2 Congressmen that have gotten VIP home loans from a similar lender because of their position in the government, sounds like someone is trying to push a bill that will allow them to make money off a bad issue, sounds like the sub-prime lenders have infiltrated our government, and sold us down the river.

At least our president, as much i don't agree with the majority of his policies and thinking. He is saying that he will veto this bill. If this is true, at least he will finally stand up for once.

Viva Liberty!