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You're Welcome
http://wmbriggs.com/blog/2009/02/20/youre-welcome/ ^ | William Briggs

Posted on 02/20/2009 3:40:30 AM PST by mattstat

Dear Mortgage Holder,

Obama’s latest plan must sound pretty sweet to you. You bought a house and paid too much for it.

It didn’t look that way at first because after you bought the house, it went up in value. Prices were rising everywhere fast. Reasoning that nothing could go wrong, you took out a home equity loan on the increased value so you could get that flat screen TV and some other things you “needed.” You really ran up those credit cards.

But then the housing prices started falling to more realistic levels. Sure, they fell fast and some of that decline was caused by idiot bankers making risky loans to people…like you, maybe?

Now your mortgage payments are killing you and you’re complaining about it.

Obama has heard your cries. He has decided to...

(Excerpt) Read more at wmbriggs.com ...


TOPICS: Politics
KEYWORDS: mortgagecrisis; obama

1 posted on 02/20/2009 3:40:30 AM PST by mattstat
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To: mattstat

Barack Bwana, the natives are getting restless.


2 posted on 02/20/2009 3:48:05 AM PST by caseinpoint (Don't get thickly involved in thin things)
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To: mattstat

This is no different than Mugabe giving the Black people the White Farms!! CHAOS COMING!! REVOLTS COMING!!


3 posted on 02/20/2009 3:51:07 AM PST by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience)
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To: mattstat

4 posted on 02/20/2009 3:56:05 AM PST by South40
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To: Ann Archy

Ungowa!!!!!!!!!!!!!!!


5 posted on 02/20/2009 4:01:37 AM PST by doosee
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To: mattstat
Renters of America Unite!!!

Let the politicians know that you don't want to be subsidizing someone else's mortgage.

6 posted on 02/20/2009 4:11:14 AM PST by syriacus (It took 100 hours for 100 Democrat monkeys to assemble and pass a stimulus package.)
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To: syriacus

Renters of America Unite!!!
___________________________

You’ve hit it on the Head!

As a Landlord I’ve always have seen these people as renters that bit off more than they could chew to get away from the ‘evil’ landlords.

But, it’s the responsible Renters of America that should be the most outraged at all the handouts!

They should be more incensed at these gimmie programs - they get none.


7 posted on 02/20/2009 4:50:57 AM PST by libertarian27 (Never has so many been owed so much by so few)
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To: mattstat

Sometimes it’s just that simple. Get ready because it’s not going to stop. So long as the looters have a vote, they’ll entitle themselves to others’ money as long as they can. BOHICA!


8 posted on 02/20/2009 5:52:12 AM PST by jr.ewing.78
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To: libertarian27

We’ve been renting the same house for 23 years. Our landlord could not be better.


9 posted on 02/20/2009 2:44:30 PM PST by syriacus (It took 100 hours for 100 Democrat monkeys to assemble and pass a stimulus package.)
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