Government to bail out STUPID PEOPLE!!!
By Mark | September 1, 2007
Most of us are taught early on by our Parents, grandparents, Aunts, or Uncles what's right, whats wrong, and about making smart choices. Today, with the family unit a shambles, men being totally devalued, Timmy having two moms, two dads, two dogs...whatever...we don't know how to make good choices.
Example: IDIOTS who get involved in interest only mortgages, reverse mortgages, ARM's, jumbo loans, bridge loans, everything except a traditional mortgage. I know some people need help and thats fine...for sane people with a head on they're shoulders!!!
People are drowning in debt because of ignorance AND a banking system that has allowed it to happen. You could probably list your DOG as a credit reference and still get a loan. Well, my friends, we're beginning to reap what we've sown.
Its so bad, so close to an economic disaster, that President Bush wants to bail out STUPID PEOPLE who live WAY beyond they're means. Thsi new "FHA Secure" program is a mockery of a sham of a travesty.
They're going to bail out people who've been dumb enough to throw themselves into a bottomless pit of debt. Heres a novel concept: GIVE HARD WORKING, FISCALLY RESPONSIBLE PEOPLE A DAMN BREAK.
WE'RE the damned ones who are going to pay for this garbage of a welfare program. The working stiff who pays his mortgage on time, or heaven forbid, makes extra principal payments to relieve long term debt.
Kick these IDIOTS out of these 500k to a million dollar homes..foreclose on the fools, let them go back to living within a budget. GOD this bugs me to no end!
Excuse me....
F*** F*** F*** F*** F*** F*** F*** F*** F*** F*** F***
I feel a little better.
Those of us who ride this out and bide our time will win in the end. The market won't correct itself as the "experts" say, the market will be corrected by natural selection!
BACK TO THE TRAILER CLETUS!!!!