Homeowner "rescue" bill
So, someone like me, who bought a modest size home three years ago (much less than what I "qualified" for) has to subsidize the dbags who leveraged themselves to the hilt, refi'd over and over to buy cars and toys but now still get to keep their homes? I feel like such a chump. My last ounce of respect I had for Bush, who had threated a veto, is gone.
Disgusting. http://www.sltrib.com/ci_10011364 |
Get over it.
My tax dollars are subsidizing this stupid war, which is costing way more than the housing crisis. |
You're right, it's not my money anyway.
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I agree that Bush will go down as one of the worst ever, but I can't say that the country would have been better off or worse with Gore as President. I'm not defending Bush's decisions, but had 9/11 not happened, most all of his horrendous policy decisions would not have been made.
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The vote was 72-13 in favor and I was curious as to the Nays and No Votes, so here's that info in case anyone else is...
NAYs ---13 Barrasso (R-WY) Coburn (R-OK) Corker (R-TN) Cornyn (R-TX) DeMint (R-SC) Ensign (R-NV) Enzi (R-WY) Grassley (R-IA) Hatch (R-UT) Hutchison (R-TX) Kyl (R-AZ) Thune (R-SD) Vitter (R-LA) Not Voting - 15 Allard (R-CO) Bond (R-MO) Bunning (R-KY) Burr (R-NC) Carper (D-DE) Dole (R-NC) Graham (R-SC) Harkin (D-IA) Inhofe (R-OK) Inouye (D-HI) Kennedy (D-MA) McCain (R-AZ) Murray (D-WA) Obama (D-IL) Warner (R-VA) |
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The more details I heard about this bill, the less bad it sounded actually.
Banks will have to take a big hit to take advantage of the program, so it's not even sure how many are going to take advantage of it. Banks will have to finance at 90% of the current value. THe ones that get this deal will be getting an awesome deal, however. |
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