Thursday, July 24, 2008
Politicians - to the rescue?
Our politicians have NO respect for our money!
I totally agree with this article.
Why do so many think they are free from accountability for their actions?...
I totally agree with this article.
Why do so many think they are free from accountability for their actions?...
At BostonHerald.com, Michael Graham discusses the bigger picture along with the "victim" attitude:
"In Congress, Republicans and Democrats are pushing Barney Frank’s $300 billion boondoggle to underwrite bad loans given to worse customers.
On Beacon Hill, Gov. Deval Patrick pushed for a $250 million bailout for people who borrowed more than they could afford. (Sen. Barack Obama has a similar $10 billion idea he must have 'borrowed' from Patrick).
And now, activists for the newest civil right - the right to skip your mortgage payments - have taken to the streets of Roxbury.
On Tuesday, around 60 local housing activists gathered outside the condo of Paula Taylor. Led by Steve Meacham of the group City Life, they sang the civil rights anthem 'We Shall Not Be Moved' and chanted 'Hey, hey, ho ho! Greedy banks have got to go!'
Why are the banks “greedy”? Well, according to The Boston Globe-Democrat, Countrywide loaned Taylor $260,000 to buy a condo, and now they actually want her to pay it back!
Heartless bastards."