All because irresponsible mortgage companies were pressured to lend money to irresponsible people with very low income and who couldn’t pay it back, drying up the credit and causing those companies to fail:

As one article points out, this bill is also full of free handouts, at least one of which probably was sponsored by the House speaker, Nancy Pelosi:

“That includes, as the New York Post pointed out, millions in tax breaks and related pork for kids’ wooden arrows, Puerto Rican rum producers, auto race tracks, and corporations operating in American Samoa. (The likely explanation for the latter: StarKist has a large tuna-canning operation in American Samoa. And StarKist’s parent company happens to be located in the district of House Speaker Nancy Pelosi.)”

no, not vital money for education, police, defense, the basic functions of government…

but millions of dollar giveaways of taxpayer dollars, putting the country more in debt for free giveaways. Remember the mostly Democrats, and also some of the Republicans, who betray our nation this way, so we know not to vote them back into office.

The special provisions include tax breaks for:

* Manufacturers of kids’ wooden arrows – $6 million.

* Puerto Rican and Virgin Islands rum producers – $192 million.

* Wool research.

* Auto-racing tracks – $128 million.

* Corporations operating in American Samoa – $33 million.

* Small- to medium-budget film and television productions – $10 million.

All for a bill that is supposed to bail out Wall Street, because they let irresponsible people borrrow too much money and sucked all the credit up! And all because the people got into too much debt and got a huge house they can’t afford, instead of getting a smaller one.

The vote’s tomorrow. There’s $150 billion of additional spending. Remember, YOU owe this money as a taxpayer, and YOU are taking on the debt because of the greed of Wall Street and the greed of irresponsible borrowers. YOU are now responsible for “toxic debt” that will NOT make money. America will lose money.

Read more of the article here:

http://www.nypost.com/seven/10022008/news/nationalnews/
piggy_pols_in_hog_heaven_with_pork_packe_131770.htm

see also

http://michellemalkin.com/2008/10/02/kill-the-bailout-operation-hold-the-line/

Only an ignorant, illiterate populace would approve this garbage.

Instead of encouraging people to be responsible and pay back (gradually) their home loans, student loans, car payments, etc., we now have the socialists in Washington stealing taxpayer dollars from responsible borrowers to give to irresponsible borrowers who borrowed more than they could handle. Stealing from someone who works hard, to give free handouts to others who borrowed too much.

Example: I heard from someone that if you only have 15,000/year of provable income, you recently could get a home loan for up to 250,000 from some mortgage companies! Ridiculous. Then the person claims bankrupty, and it tanks the economy for the rest of us, who LIVE WITHIN OUR MEANS. The funds come from taxpayers, many of whom know to buy within their means, and buy a cheaper house that is actually afforable.

Be responsible with your income, and stop complaining for taxpayers to bail you out, whether it’s irresponsible mortgage companies or irresponsible borrowers who bit off more than they could chew. Tax funds need to go to other things, like police, education, to protect the innocent, educate people, etc., and NOT to give free handouts to irresponsible nitwits who borrowed too much.

This bill also has a “provision to allow trial judges to arbitrarily adjust mortgages, creating bonanza for trial lawyers.”

So instead of your mortgage contract having legal weight, irresponsible borrowers can sue now for their principal to be reduced, OR the government can decide to reduce the principal! Talk about free giveaways at the expense of the taxpayer.

This bill rewards irresponsibility (both wall street and irresponsible borrowers who now can get a huge deal on an expensive house) and punishes responsibility, by not allowing house prices to fall even more so those of us who bought within our means can get a nicer house.

Gee, I wish I would have bought a 400,000 house and then whine that I can’t make the payments, so I could sue to get the principal reduced or have the government reduce it to say, 200,000. Yeah that sounds right. Wow the left-wing Democrats make so much sense, don’t they? Where’s the opposition from conservative Democrats and Republicans? Call your congressman and tell them not to steal from hardworking Americans who bought a cheaper house to give to those who borrowed too much.

It’d be one thing if the bill was shorter like it started, and it just let the companies BORROW this money and then they’d have to pay it back to the taxpayers WITH INTEREST. But now it’s extremely long and filled with pork and socialist policies that steal from responsible taxpayers to give basically free houses to people who were irresponsible and borrowed too much.

Conservatives consider a primary function of the government to reduce violent crime, protect the innocent, you know, basic things. Liberals consider a primary function of the government to steal from hardworking, responsible Americans to give to embezzling, race-baiting organizations like ACORN and La Raza and to irresponsible people who borrowed too much.

Read commentary here:
http://michellemalkin.com/2008/09/28/all-aboard-the-bailout-bandwagon-hell-no/

and

http://hotair.com/archives/2008/09/28/bailout-deal-reached/

 

Talk about an ungrateful, gimme-gimme, lazy, racist, hypocritical turd. This lady lives in a nice apartment FOR FREE but gets the media to whine about utility payments, because she refuses to work. She’s only worked one year in her life. Get her off the dole, tell her to get a JOB like the rest of us, and stop stealing from other people by way of unreasonable and stupid taxes. Tax monies should go to the police, teachers, firemen, and other necessary things, and a few agencies to help people get good jobs so they can help themselves. Instead of having to give ungrateful people fish, teach grateful people how to fish. These kind of people though, shouldn’t get a penny. Not only is it stealing, but the audacity of the “gimme gimme” mindset–when she deserves non of it–is sickening. Look at their hateful eyes in the photo. She’s screaming that they won’t let everyone in, and yet it’s a first-come, first-serve basis for this public hearing. They can’t let everyone in. The reasons for not letting everyone else in has nothing to do with race. But trying to reason with such an insane person is futile.

I can’t really improve on Michelle Malkin’s words here. Also blogging: PursuingHoliness, CountenanceBlog, UncleMeat

 
Another presidental candidate from Arkansas who
plays an instrument and can play the masses, too.

All this hoopla about Mike Huckabee is a joke. Why? Just go to any conservative or liberal magazines, blogs, or even pick up a newspaper and see why. Educate yourself. Huckabee is lauded as some conservative, but he’s for higher taxes, soft on crime (he once even let a rapist out of jail, who later killed a woman), and is for porous and uncontrollable borders. But it’s not just conservatives who have a problem with him. Liberals point out that Huckabee once advocated rounding up people with AIDS and locking them up, even though AIDS is not transmitted through the air which might justify a quarantine; it requires sexual or IV/blood contact to transmit. Liberals also point out that Huckabee has even refused to sign off on aid for disaster relief for victims of a natural disaster.

It’s awesome that Huckabee is pro-life and wants to expand children’s healthcare (as long as it’s done the right way). Abortion is disgusting and the killing of an innocent human being. Huckabee is, in fact, a conservative in other ways, such as supporting punishment of murderers, and having a personal faith which may affect policies as long as it doesn’t establish a national religion (one reason America was founded was so that people could not be persecuted for worshipping their way, and a national religion is unconstitutional). But Romney, Guiliani, Thompson, and even… I can’t believe I’m saying it, but even Ron Paul would be a better choice.

Here’s a few reasons why NOT to support Huckabee. Some of the links are to conservative blogs, while others are links to liberal blogs. I don’t agree with everything on their sites, especially the anti-Christian bias on the Huffington Post. But we can still take the few rational points they make to learn more.

1.
Huckabee has unethically given state jobs to people who gave him gifts.

2.
He’s for open and uncontrollable borders, where we don’t know who is crossing the border (including those from terrorist-sponsoring states like Syria) and is for letting people jump to the head of the line just because they broke the law, instead of having them wait like everyone else who immigrated legally. See here, here, here, here, and here. He’s even compared people who oppose uncontrolled and illegal immigration as members of the KKK, trying to make it into a racial issue and using ad hominem attacks instead of debating rationally. He has recently flip-flopped, contradicting what he did as governor. I don’t trust it.

3.
He also said that he’s the best candidate to fight islamic fascism, simply because he has a theology degree. I’m not making this up.

4.
Huckabee is for big government and a nanny state. He imposed a 47% tax increase on Arkansas taxpayers when he was governor.

5.
Huckabee advocated rounding up people with AIDS so they couldn’t infect everyone else. The biggest problem is that AIDS can’t be transferred by normal contact but only by sexual contact, IV drug use, or if a person with an open wound was playing a sport, for example. I don’t know anyone with AIDS (that I know of) but I don’t think we should treat them like animals just because they have the disease. Rounding up people with a disease that is NOT like some superflu bug that can travel through the air but has to be passed in specific ways is crazy. See here and here.

6.
Huckabee also “refused to sign off on disaster relief legislation that would have prevented insurance companies from weaseling out of their claims, because catastrophic weather events were referred to as ‘acts of God.’” Why not help people after a natural disaster?

7.
Huckabee was directly involved in letting convicted rapist Wayne Dumond out of jail. Dumond was 35 and already suspected in a rape and a murder, but the charges didn’t stick. Duman raped a 17-year-old teenager. Even BILL CLINTON refused to grant him clemency. Huckabee, on the other hand, let him out of jail. After getting out of jail, Dumond went on to murder one and possibly two women. See Seattle Times’ story here.

8.
Democrats know they can beat Huckabee. They’re even waiting for him to get the nomination and then be easily beaten by any Democrat. See Drudge’s scoop here.

But hey, Chuck Norris is endorsing Huckabee, so why don’t you? Forget all this stuff, don’t think, just vote! </sarcasm>

Now for a break from politics… 
On an unrelated note, here some links to some nice holiday songs by some nice bands. Just right-click and “save target as” so you can save them to your computer:

Death Cab, Baby, Please Come Home
http://www.canyouseethesunset.com/music/xmas/17_death_cab_for_cutie_baby_please_come_home.mp3

Coldplay, Have Yourself a Merry Little Christmas
http://www.canyouseethesunset.com/music/xmas/19_coldplay_have_yourself_a_merry_little_christmas.mp3

Pedro the Lion, I Heard the Bells on Christmas Day
http://www.canyouseethesunset.com/music/xmas/20_ptl_i_heard_the_bells_on_christmas_day.mp3

Feist, Lo How a Rose Ere Blooming
http://www.canyouseethesunset.com/music/xmas/11_feist_lo_how_a_rose_ere_blooming.mp3

The New York Times has a story about how a few Hispanic names have made it into the top 10 of most common American names, due to massive immigration (both legal and illegal). The Hispanic (those of descent from the Spanish imperialists (Conquistadors), who slaughtered the Aztecs and other peoples after sailing from Spain) numbers have jumped 58 percent in the 1990s! Strangely, the NY Times reporter doesn’t point out the racism in this quote:

Luis Padilla, 48, a banker who has lived in Miami since he arrived from Colombia 14 years ago, greeted the ascendance of Hispanic surnames enthusiastically.

“It shows we’re getting stronger,” Mr. Padilla said. “If there’s that many of us to outnumber the Anglo names, it’s a great thing.”

Padilla is just another ignorant racist who thinks in terms of categorizing people by race. Some have called this “brown supremacy,” though Hispanics obviously are not better than people who are not Hispanic, in any way. I have many Hispanic friends and thankfully most of them are nothing like this. They have friends of many different races–White, Black, Asian–and they don’t care about planning to take over America with people “like them.”

Sadly, if we don’t curb illegal immigration we will be a one-party country, with most of these illegal immigrants voting for Democrats and other socialists (those who don’t believe in personal responsibility but want total government control, where everyone is equally poor and no one wants to work because you get paid the same regardless of difficulty or intelligence required for a job).

Republicans want the government to protect innocent life, punish murderers and rapists and other evil people, and Democrats want to punish hard working, normal Americans by stealing their money and giving it to useless bureacracy. It has been proven in countless studies that socialism leads to economic disaster, because there is no incentive to work hard, or work at all. But with people like elected-now-dictator Hugo Chavez being elected into office and now consolidating power, that’s frightening for our country. If people are stupid enough to vote for Chavez, they should not be allowed into this country, based on personal responsibility and hard work.

Besides, the crime rates where illegal immigrants have been going have shot up. As Ann Coulter put it, if it were up to Democrats, we’d have two Latin Americas. If we keep illegal immigration the way it is, we not only allow our borders to be porous and let terrorists from countries liek Syria and Iran in, but our environment will continue to be destroyed from overpopulation and urban sprawl. Secure our borders and keep these racists out!

Drudge has a link to a UK story that illustrates how China holds the U.S. hostage since they own so much of our debt. Stop spending so much Washington, and get us out of a budget deficit!

I found this on a myspace forum… this is an outrage, that illegal aliens are given hundreds of thousands of dollars of money from hard working tax payers! Disgusting and sick!

Read this but it will make you very mad.

‘No Drug Smuggler Left Behind!’
by Ann Coulter
Posted 06/13/2007 ET
Updated 06/13/2007 ET

President Bush was so buoyed by the warm reception he was given in Albania that he immediately gave all 3 million Albanians American citizenship, provided they learn Spanish. The offer was withdrawn when Bush found out most Albanians haven’t broken any U.S. laws.

Bush keeps claiming he’s dying to enforce the border, but he just can’t do it unless we immediately grant amnesty to 12 million illegal aliens. I wonder if that worked on Laura Bush:

Laura: George, it’s time you quit drinking.

George: OK, honey, let’s discuss it over cocktails.

How about Bush enforce the border and then we’ll discuss his amnesty plan?

He assures us that granting amnesty to millions of illegal immigrants already here won’t inspire millions more to run across the border because … he’s going to put infrared lights at the border!

Well, that’s a relief. What precisely will infrared lights do again? This is worse than those fake cameras they sell at hardware stores to make it look like you have cameras outside your house. We still need something or someone — say, a wall or a Border Patrol agent — to stop the Mexicans illegally crossing the border as we watch them on the infrared cameras.

Bush won’t build a wall and he keeps prosecuting law enforcement officers who stop illegal border crossers. But trust him: He’ll get right on that border enforcement business as soon as we grant amnesty to 12 million illegal aliens.

Ignacio Ramos and Jose Alonso Compean are normally the sort of Mexican-Americans Bush would tear up at while promoting amnesty for illegal aliens. Both served in the military and are taxpaying, law-abiding citizens. They’ve been risking their lives as Border Patrol agents for years.

Ramos was nominated for Border Patrol Agent of the Year in 2005. His nomination received a major setback when the Bush administration decided to put him in prison instead. Ramos and Compean are now serving more than 10 years apiece in solitary confinement for chasing a drug-running illegal alien back to Mexico.

Bush’s pal, U.S. Attorney Johnny Sutton, gave immunity to a Mexican drug dealer hauling a million dollars worth of drugs across the border so that the drug dealer could testify against two Border Patrol agents who shot him in the buttocks.

The border patrol agents were presumed guilty of an unlawful shooting because they neglected to fill out the proper paperwork. For busting a cap in the butt of a drug courier crossing the border illegally — who was so mortally wounded that he proceeded to scamper back to Mexico — they were supposed to spend five hours filling out paperwork. This is what the Bush administration means when it talks about a “cover-up.” As U.S. prosecutor Debra Kanof said, “You have to report any discharge of a firearm.”

Intriguingly, Kanof also says: “The Border Patrol pursuit policy prohibits the pursuit of someone.” (Hence, the oft-heard warning of the border agent in hot pursuit, “Stop or I’ll … do absolutely nothing!”) Can we apply this rule to meter maids and tax collectors? At least now border agents will be able to watch the illegal aliens they can’t pursue on infrared cameras!

But wait — that’s not all! The Border Patrol agents also exceeded the speed limit. “In order to exceed the speed limit,” Kanof said, “you have to get supervisor approval, and they did not.” It’s just so hard to fill out a written request to exceed the speed limit when you’re off-roading at 65 mph. There’s a whispering campaign suggesting that Ramos and Compean failed to use their turn signal.

As I understand it, you’re also supposed to not cross the border illegally from Mexico with a van full of drugs. But the Bush administration has no interest in enforcing those laws. Ninety-eight percent of illegal aliens captured crossing the border illegally are not prosecuted. Those drugs are doing the job American drugs just won’t do!

The Bush administration pulls out the big guns only for serious violations like a Border Patrol officer not filling out paperwork.

In addition to giving the illegal alien drug smuggler full immunity to testify against U.S. Border Patrol agents, the government gave him taxpayer-funded medical care for his buttocks wound, an unconditional border-crossing card, the right to sue the U.S. for “civil rights” violations, and a GAP gift card. The drug runner is also on the short-list to replace Attorney General Alberto Gonzales.

He’s now suing the U.S. for $5 million, but the Bush administration is hoping to bargain him down to $10 million.

That border-crossing card came in handy when the winged illegal alien brought in another load of drugs a short eight months later — for which he has still not been charged, nearly two years later. Who does he think he is? Rep. William Jefferson?

Bush’s pal Sutton keeps defending his decision to prosecute Border Patrol agents for paperwork violations, rather than an illegal alien for drug trafficking, on the grounds that the drug dealer has not been charged with any crimes. Let’s see, whose job is it to charge that Mexican drug runner with a crime? Why, I believe that would be Johnny Sutton!

Maybe Sutton was too busy prosecuting another Mexican-American law enforcement officer for trying to stop illegal aliens from crossing our border. Deputy Sheriff Gilmer Hernandez shot at the tires of a van full of illegal aliens, inadvertently wounding one of them. Sutton prosecuted Hernandez. The government proceeded to give the illegal aliens green cards and $100,000 each.

I didn’t realize “living in the shadows” meant in the shadows of palm trees around the pools at taxpayer-funded houses.

Illegal aliens might want to rethink Bush’s amnesty plan. The only Hispanics Bush seems to prosecute are the ones who are law-abiding U.S. citizens.

From the “you can’t make this up” section, a 57-year-old murderer named Robert Kosilek wants tax payers to pay for his sex change surgery:

A man serving a life sentence for the murder of his wife is asking a federal judge to order the state to pay for a sex-change operation for him, saying that denying him the surgery amounts to cruel and unusual punishment.

…

Kosilek, 57, was convicted of strangling his wife, Cheryl, in 1990.

In 2002, U.S. District Judge Mark Wolf ruled that Kosilek _ who now goes by the name of Michelle _ was entitled to treatment for gender identity disorder, but stopped short of ordering the state to pay for the sex-change operation.

In 2002, U.S. District Judge Mark Wolf ruled that Kosilek _ who now goes by the name of Michelle _ was entitled to treatment for gender identity disorder, but stopped short of ordering the state to pay for the sex-change operation.

Kosilek sued the Department of Correction for the second time last year, saying that numerous psychiatrists who had examined him _ including two of the DOC’s own experts _ had determined that a sex- change operation is “medically necessary.”

“We ask that gender identity disorder be treated like any other medical condition,” said Kosilek’s attorney, Frances Cohen.

…

Two psychiatrists will testify that Kosilek functions “at a very high level” and that a sex-change operation is not medically necessary, McFarland said.

Dr. George Richard Brown, a psychiatrist who said he has treated over 1,000 patients with gender identity disorder since 1979, acknowledged that Kosilek’s depression and anxiety have improved since he began receiving female hormones. But he said that improvement was based on Kosilek’s sense of hope that he will be allowed to become a woman.

“I believe that she would kill herself,” Brown said, when asked by Kosilek’s attorney what would happen if Kosilek does not have a sex- change operation.

“I don’t believe she would consider life worth living without hope for completion of her treatment plan,” he said.

What a joke. Criminals that murder or rape should not even think about asking for tax payer dollars to pay for silly things like sex change surgeries. It’s bad enough they are allowed to work out and have better medical treatment than many law-abiding citizens. The age of entitlement seems to know no bounds.

Notice how the pro-sex change psychiatrist refers to this murderer as a “she” and “her.” So do the Associated Press and magazines like Rolling Stone, who deny reality and call a person by “she” even if the person is genetically and physically a man.

WCVB-TV in Boston has this story of sleeping cashiers, some who are paid very well:

For years, Massport has had a reputation as a patronage haven. Now, Team 5 has uncovered a new example of questionable spending.

Massport just spent $21 million to automate parking at Logan International Airport. So what are all those well-paid parking attendants doing now??

After the final plane of the night lands at Logan, soon the airport is asleep and so are Massachusetts Port Authority workers. Team 5′s Sean Kelly’s month-long investigation of the central parking garage found work at a virtual halt.?

Some cashiers, whom MassPort pays more than $50,000 a year plus benefits, were sound asleep, feet up, hat over the face, in their booths.