08-11-13, 06:49 AM | #1 |
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I don't often engage in Political discussions because it upsets me so much. But every once-in-a-while a Liberal will open his mouth and utter a statement that shows exactly how their brain's synapses are not making proper connections. I offer this example. Just read it, as it definitely speaks for itself and I find it so absurd that this is how SOME of our elected officials, that we entrust with our tax dollars, think. Such a shining example of the "GIVE AWAY MENTALITY, or plainer yet - ENTITLEMENT.
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 for a loan. His proposal was rejected 57-42 on a straight 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." End of story. Restricting HOME OWNERSHIP to only those that CAN AFFORD IT? What a radical concept. Duhhhh. Isn't that exactly what happened just a few years ago with the collapse of the housing market due to bad mortgage loans? Senator Dodd must certainly be suffering from short term memory loss, or possibly dementia and should resign his seat based on mental incapacity. Last edited by bassboogieman; 08-11-13 at 07:00 AM. |
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