Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Monday, February 9, 2009

Senate Republicans Continue Obstructionist Behavior

After eight years of ineffective leadership, can Senate Republicans not understand that their old ideas just don’t work for America?

It’s baffling that so many of our top elected officials in Washington just don’t get it! Our global economy is tanking, banks won’t lend money for fear of being undercapitalized against existing loans, home prices are contracting, foreclosures are at an all time high, and we lost 600,000 jobs in January. And the Senate Republicans “still” think they know what’s best for our economy.

Republicans in congress spent most of last week “trashing” President Obama’s economic stimulus bill, instead of making good faith efforts to cooperate and compromise en masse. Clearly some of their criticism was well founded, and it’s likely the compromise reached amongst a select few of the moderate Senate Republicans was warranted.

Unfortunately, though, the Republican strategy is that same thinking that led us into the mess we find ourselves in today. They still want tax breaks for wealthy Americans, still believing in trickle-down economics. They engage in fear-mongering, saying our economy will totally collapse if this bill passes. It’s time for the Republicans to get on board, because the train’s leaving the station without them.

It was high time that the President, Senate Majority Leader Reid (D-NV), and Speaker Pelosi (D-CA) succinctly pointed out that the Republicans “lost” the election. American voters went to the polls demanding change, and change is what they should see. Do Republican Senators really believe the voting public is unsophisticated and undereducated on the issues?

The arrogance of the Republican minority is palpable. They’re scratching and clawing to retain some level of leadership role, all the while doing nothing but holding back the man elected to lead us out of this mess. They’re screaming “fire” in the crowded theater, and bolting the doors at the front lobby.

If at no other time in our history, shouldn’t they make every effort to be a practical part of the “solution”? Isn’t it time for them to recognize the scope and immensity of this problem, and isn’t it time for all good Americans to come together for the common interest?

You may live in a red state, or maybe blue. Either way everyone should pay close attention to their elected officials right now, how they vote at this crucial time, what they say, and how they comport themselves.

This time like no other, we need our leaders to lead.

Julie Anne

Sunday, February 8, 2009

Why Should I Bail You Out?

So, it took 4, what 5 years, for the Ford light to come on? Oh my God, we can’t afford this house! Do you think, maybe, you thought your arrogance was going to somehow support your mortgage? You must, because that same arrogance is begging me to help you pay for it now! Keeping up with the “Joneses” isn’t so flattering after all, is it.

I/We are those same “blue collar” citizens that were so “beneath” you (not worried about the Joneses) that you are now begging to bail you out of your foreclosure. Just because we chose to forego that swimming pool or three extra bedrooms or “room with a view”, we are somehow indebted to you and your inability to do your math? Or arrogance to ignore it. I find it humorous, as I’m sure most tax paying, average income families who actually struggle to even pay those taxes, that we received the same basic mortgage contract that you did and yet somehow you were coerced into signing the only one that was deceptive. Actually, I find it offensive. However, I do begrudge the low life mortgage companies that slid the garbage into the contract as well. They, too, must live by the Joneses.

First, let me say, I feel great compassion and sympathy for those of you who were making an honest living, paying for your modest home, and legitimately lost your income. I do not hesitate a moment to ask for assistance from the government or those of us actually paying our taxes.
I am appalled by these people who blame everyone but themselves for the loss of their home that they couldn’t afford in the first place. Certainly, they must have been robbed on the subway recently of their arrogance and such. Nothing else can explain why they would “stoop so low” as to ask “us” for help! And if they can’t afford it now, what are they asking for? Shall we go ahead and just “give” it to them? Because that’s not fair to them! They didn’t get to read all of the rules! Where does this stop? Those that think they are so untouchable and above the rest of us are getting their just due. And those of us that actually “read the fine print” are having to rescue them again!
 
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