Sunday, February 22, 2009

A Million a Day for 2,000 years

UPDATE: Video below--Santelli Rips up Housing Bill in response to elitist and unprofessional White House Propaganda Minister Gibbs' thuggish attack on him. ***WatchMore: No hope for fairness. Michael Goodwin, NY Daily News:

"The American people have a sense of entitlement that the government has to bail us out for making stupid mistakes," one man told the Daily News after reading about another man who, with a $555,000 mortgage on a salary of $80,000, wants government help. Another reader said of that indebted homeowner: "I'm going to be footing the bill for this. My taxes are going to be insane."

Life is not fair; we know that. But the bailouts are proving that life is even less fair when the government plays God with your money. It can be a soul-sapping experience.

Found the video of Santelli answering Gibbs on Kudlow Friday night. HT Gateway Pundit.More:Only 2% of mortgages in this country are non-performing--98% of us are playing by the rules--yet we are being demonized? and forced to subsidize this bad behavior?!!!, and the housing bill allows judges to rewrite contracts--undermining the rule of law--are we a banana republic? Michael Barone--HALF the underwater mortgages are in FOUR STATES (gee why is that?).Illinois is not one of them, though it is up there.

Throwing good money after bad. And the Obama administration is going to come back for more $$$ when this doesn't work.

More: Another real job killer, pushing our heads underwater as we try to breathe--Obama's going to raise taxes on "the rich", which includes a lot of small businesses, the engine of job creation in our economy.  God help us. Oh, and NOW he claims to be a fiscal conservative, after shoving this insanely wasteful porkulus package on us which our children will be paying for their entire lives.

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