Jun 24 2008
Burr, Dole and Graham Vote to Bail Out Irresponsible Home Owners
Three Senators, belonging to the “party of personal responsibility”, the “party of small government”, and the “party of individual accountability” voted to throw away $300 billion of your tax dollars. Lindsey Graham, Elizabeth Dole, and Richard Burr apparently think that it’s their job to hand your money over to irresponsible home owners, real estate speculators, and big companies like Countrywide Mortgage because they got in over their head. Wasn’t that nice of them?
Stop paying your mortgage. You don’t have to. If you default the nannies in Washington will bail you out. That’s the message that was sent by every Democrat present for this vote in the Senate and all but nine Republicans who were present in the Senate. Jim DeMint was the only one of our Senators who voted against this feckless piece of legislation.
Dole is up for reelection in November, which I am sure plaid a role in her decision. Now she can run around the state, when she actually comes here, and shamelessly pander to all the voters. Look! I voted to take other people’s money and give it to you so you can pay for that house you bought that you couldn’t afford in the first place! Vote for me in November!
This Bailout Bill looks grim, but there is a chance to stop it from passing. It will pass the senate and then go back to the house for final passage. There is a House Coaltion known as the “Blue Dog Democrats.” These guys claim to be fiscally responsible. However, they vote for a bill that pays off reckless borrowers and lenders, rewarding foolish business practices w/ TAXPAYER money! the 4% who goofed up get a free ride while the 96% are punished for their good economic sense. Up to $30 Billion goes to cover bad mortgages, and the deficit will be raised by this bill $22 Billion. The Blue Dogs ALL VOTED FOR THIS (save one in TN who didn’t do anything at all…)
What can you do? Call Kristen Hawn, the communications director for the Blue Dog Coalition at 866-887-5841. ask her politely to tell her bosses to get their act together and follow what they have on their own website, namely, be fiscally responsible and help us keep taxes down and money in the consumers pockets.
I feel strongly about this. Folks already have a hard enough time affording gas that can’t seek out alternative energy sources at he moment. And No one has even talked about what the winter is going to look like in the N.E. Now is NOT the time to slap on more (in essence) penalties for being fiscally responsible for those who were negligent…
Tell Dole and Burr and Graham…THEIR FIRED
People check out http://www.DailyPaul.com read what is really going on about this unConstitutional bailout
Why does the bail out ALSO include $25 billion for the auto industry??
They defently should be fired. I feel like I just got shot in the rear with that bail out plain!