Tuesday, June 24, 2008

BOHICA time in Congress

Have you ever heard of the acronym "BOHICA"? It's one of my favorites. It stands for: Bend Over, Here It Comes Again. This perfectly describes what is being done to us in the hallowed halls of our horrendous House of hedonists (and the Senate too). In an 83-9 vote (let's hear it for bipartisanship!) the U.S. Senate has passed a $300 billion bailout for homeowners who just couldn't seem to make their mortgage payments. Funny, I have been paying mine on time... where's my bailout?

The article I have linked gives a perfect list of examples of why our national legislature is such a house of horrors:
Still, conservative Democrats known as "Blue Dogs" are concerned about how to pay for the measure, and members of the Congressional Black Caucus call it unacceptable, arguing it doesn't do enough to address the needs of black Americans...

Congressional leaders also are divided on how high to place loan limits that apply to government mortgage insurance and financing. The Senate bill sets those limits at $625,000 while a House-passed version puts them at $730,000 - a crucial difference in high-cost housing markets like California, home to House Speaker Nancy Pelosi...
And the Orwellian quote award of the day goes to Senator Chris Dodd for this gem:
``What better gift on independence could we give the American people than a sense that this, their Congress of the United States, can come together, despite political differences, and craft legislation to make a difference for our country,''
First, did he mean "independence Day"? Nevertheless, Dodd is describing our fellow Americans sucking off the teat of the taxpayer to the tune of $300 billion dollars, and he is describing that as an example of INDEPENDENCE?! Who keeps electing these clowns? Duh - the same people who want to suck off the teat of the American taxpayer to the tune of $300 billion.

There is a small amount of sanity in our congress, and bless their squishy hearts, it is coming from the Republican side of the aisle:
"They expect the federal government to turn their backs on responsible lenders and borrowers and renters waiting - waiting - to become first-time homeowners, and support those groups that have pushed our housing market into decline with bad loans and bad investments," said Sen. Mike Enzi, R-Wyo. "This bill is a federal government bailout."
So folks, as the classic bumper sticker says, keep paying those taxes... millions on welfare are depending on you.

Good Day to You, Sir


Anonymous said...

I am so sick of hearing about those poor people who were suckered into buying a house they couldn't afford. Did they really think that they could purchase a house for $400-500,000 when they only make $30,000/year and it would all just work out?

Like you, I've been paying a mortgage payment, on time, for almost 10 years now.

Can I get my mortgage taken care of so I can go on my happy little way??????

Yes, there were unethical practices being done on the part of some of the lenders and brokers, but give me a frikin break. Read before you sign, and ask questions. If you feel you are being forced into something there's no law saying you can't get up, tell them to piss off, and leave. What are they going to do, grab your hand and force you to sign.

AAAAHHHH!!!!!!!!!! Stupid people.

T >:(

Anonymous said...

There is a way to stop this bill. The Key is still the Blue Dog Democrats. After the 3 Amendments pass the Senate it comes back to the House for reconsideration. Call 866-887-5841, ask for Kristen Hawn, the communications director for the Blue Dog Coalition, and ask why the Blue Dog Coaltion almost all voted for a Bill that increases the deficit by $22 billion dollars. This is not responsible and not what the Blue Dogs Claim to be!
Read on here for additional information: