An inconvenient truth…and here comes the lard-up

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Many critics of the Mother of All Bailouts have finally caught on to how the minority grievance-mongering racket helped fuel the subprime debacle.

The easy, obvious part is criticizing Jimmy Carter and Jesse Jackson and ACORN.

But as I’ve reported, it was the Bush administration that presided over hundreds of millions of dollars in grants to left-wing housing entitlement zealots.

More cringe-inducing inconvenient truths about Bush’s responsibility here.

Read it and weep.

And then call your congressman again and tell them: Kill the Bailout.

When It was decided some years ago that all God’s children must have a manison in the burbs the handwriting was on the wall.  Anyone who knew anything about human nature and the way people toss of their debts

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Here it comes: The inevitable lard-up. Just like last time and every time (see here):

The cost of the $700 billion bailout bill, criticized as unconstitutional by legal scholars, is rising, as Congressional leaders demand new handouts for deadbeats in exchange for passing it (ignoring cheaper solutions to the financial crisis). Now, there will be foreclosure “relief” at taxpayer expense. The government is going to use its role “as the biggest mortgage holder in town” to give special breaks to borrowers who are behind on their mortgage payments, rather than to stem the financial crisis.

“Democratic demands that Congress be given greater authority over the bailout and that the government be required to help homeowners renegotiate their mortgages so they have lower monthly payments already have been accepted in principle. Under the bailout bill, which will let the government buy huge amounts of toxic mortgage-related assets, ‘we’re now the biggest mortgage holder in town, and we can do serious foreclosure avoidance,’ [liberal Congressman Barney] Frank said.’”

When it was decided some years back that all God’s children were entitled to a mansion in the burbs whether they could pay for it or not the hand writing was on the wall.  Anyone who’s knows human nature and the way people are told today that the debts they owe aren’t their fault Get Debt Relief Today  (For more on this watch the TV commercials detailing this sort of nonsense)  knew what was going to happen.  What I’m saying right now I said many years ago and that what was happening was Socialism in action and that the money bomb was ticking then.  Now the money bomb has exploded and what’s the answer?  Why more Socialism of course!

I come from the old school.  You made the debt and you pay if off even if that means you’ve got to work 3 jobs and sell every other thing you own.  It is not the business of government or other people to pay your debts!  However personal responsibility is now a thing of the past and nothing is the fault of those whose actions got them into the mess in the first place!