Topic: government issues
Think by defaulting on your mortgage or going into bankruptcy will get you out of repaying your loan? Think again! Now you're paying your (and someone else's) with your tax dollar. That's right, the government is taking over mortgage giants Freddie Mac and Fannie Mae, the latest move in a trend of letting irresponsible lenders off the hook for careless business practices. In response, here's the email I sent to my Congressman Dave Reichert (R-WA 8):
In the tradition of Fannie Mae and Freddie Mac, I am requesting that Congress offer my family a taxpayer funded bailout. Sure, we've made some mistakes over the years and we certainly can recover on our own. However, without a taxpayer funded bailout our finances are such that we can only make a minimal impact on the local economy. A taxpayer funded bailout will strengthen the economy. An appropriation of just $100,000 will get us back into solvency. That's a bargain compared to some corporations! For the price of only one Pentagon toilet seat Congress can jumpstart the economy in Graham, Washington.
Feel free to copy this and send it to your Congressman at www.house.gov.