Friday, June 25, 2010

YES! It is happening!

Incredible, as reported in The Hill:  Democrats Vote Down 5 Percent Rule


In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn proposed that borrowers be required to make a 5% down payment in order to qualify. His proposal was rejected 57-42 on a party-line vote because, as Senator Chris Dodd (D-Conn) explained, “Passage of such a requirement would restrict home ownership to only those who can afford it.”


Huh? Run that by me again… Chris Dodd (D-Conn) explained, “Passage of such a requirement would restrict home ownership to only those who can afford it.” It still makes no sense. One more time please… Chris Dodd (D-Conn) explained, “Passage of such a requirement would restrict home ownership to only those who can afford it.”

I’m wondering if there is such a program for buying a boat that I cannot afford. No money? No problem. You can still get your 75 foot luxury cruiser with all of the extras. What do you think? Boat ownership is only for those who can afford them? Hey this is Chris Dodd’s America where the American taxpayer can pick up the tab for everything anyone wants.

You can read that line… Chris Dodd (D-Conn) explained, “Passage of such a requirement would restrict home ownership to only those who can afford it.” 100 times, and if you have a brain, it will make no sense 100 times.

Fanny and Freddie continue to hemorrhage money like the “damn hole” continues to hemorrhage oil. Still the Demo-Dopes, like the oil spill, will not allow even modest steps to slow the leak or mitigate the disaster it will cause.

This is another of those incidents that should have sane Americans throwing up their hands and shouting WTF! But it is one of many nearly daily assaults on our sensibilities. Most of us actually do not believe these things are happening. They are. Here’s a short list:

Freddie and Fanny continue to cause economic mayhem and instead of shutting them down the government doubles down with your money.

Creepy looking census workers harass you at your own home and threaten you with fines and jail for not complying with their request to fill out their damn papers.

Bills consisting of thousands of pages of law, that are not even read by law makers, are passed in the dead of night on straight party line votes and against the will of the majority of the American people.

Christians are arrested for passing out Bibles on a public street near an Arab fest in Dearborn, MI.

We force oil companies 50 miles off shore and into a mile of water and act surprised when something goes wrong.

Oil spews of for nearly 60 days in the gulf and nobody has even a whiff of what to do. (Blow the thing up and seal it?)

Politicians change party and principle on a dime and still get 40% of the vote; Then run as “independents;” Independent of any moral compass.

Government officials side with our enemies and brow beat our allies.

Etc. Etc. Run that line by me one more time… Chris Dodd (D-Conn) explained, “Passage of such a requirement would restrict home ownership to only those who can afford it.” YGBSM.

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