Tuesday, September 30, 2008

Hey Bushy, Bail Me Out Too!

So let me get this straight:

If you are in charge of one of the largest corporations in the United States and you make horrible financial decisions and loan money to people who will never be able to pay you back and your choices create a huge negative impact on the economy George W. Bush will hand you 700 billion dollar check courtesy of taxpayers to bail your butt out of trouble?? 

Hey G.W., how about us people who refused to take out a bad loan when the market was high and waited patiently for things to cool off so we could afford to buy a home?  What about those of us who were responsible with our money when banks were loaning hundreds of thousands of dollars to people who could only afford the interest payments?  Now the people who waited for housing prices to drop can't even get a loan because the lenders are refusing to give home loans to stated income/self-employed people. 

Guess being financially responsible really doesn't matter in this country does it?  America's greed has bitten itself in the butt and here comes Bushy to patch it up.  I guess I should have purchased a house back when interest-only loans were a dime a dozen, refinanced it, bought myself nice toys and fancy vacations and then forclosed on the home and filed for bankruptcy.
I am so embarrassed to be an American right now.  This country is full of self-indulgent people who want instant gratification regardless of the consequences.  It's no wonder other countries hate us.


danakscully64 said...

Amen, Sister!

Cecilia said...

You are preaching to the choir! I feel like all the wrong people are being rewarded and those who really need help are being ignored. Amen, indeed!