Santelli's Chicago Tea Party

[Skinny Shooter]

http://www.cnbc.com/id/15840232?video=1039849853

[skeet]

What was that?? I actually think I heard some COMMON SENSE there. The Dems have gone absolutely crazy spending us into oblivion just so they can garner more votes from the idiots. Believe it or not..I may just be a little P***ed off.:eek:

[PJgunner]

"Believe it or not..I may just be a little P***ed off."

Only a little? You have a lot more tolerance than I do. I'm totallyp***ed off. :mad:
Paul B.

[Skinny Shooter]

http://www.breitbart.com/article.php?id=D96FI8300&show_article=1

[skeet]

But the guy was right. Why should we be paying for peoples mortgages when they made a bad decision? Are they saying they didn't know? Here it is again..the big lie thing. Just like Joe the Plumber..lie a bit...then lie some more then keep lying and then lie a lot more till you look like the one telling the truth. I feel bad for the people wo lost their jobs and are in jeopardy of losing their houses.. But if we help people out of this jam and they later sell the house for a bunch more money..make 'em pay the money back...Will they do that. No of course not. There is no responsibility attached to this money. The Dems are buyiing the votes again..Wait till the illegal question comes up..When they get to stay with no penalty..more votes for the Dems..Yep...I a little more than a little P***ed off. Nope not jealous either. Where was the gummit when people lost houses before? And bailing out insurance companies and auto companies and Banks?? Sheesh.

[jplonghunter]

skeet

The Gov't. isn't lying,they are just misappropriating the truth. Oh, by the way I have a little12-bedroom 4,000 sq. ft. house I would like to sell,just as soon as the Dummycrats pay off the mortage.

jplonghunter

[Mr. 16 gauge]

I think in the case of this "tea party", its the politicians that need to be thrown in the drink!

[Larryjk]

The "rant" was 100% right on. When I was in high school (long time ago) we were told that 30% of your take home pay was all you could afford to budget for the cost of the roof over your head. That was the max including the utilities. If some dumb folks took mortages that exceed that number and got into trouble, it is because they were playing "Russian roulette" with a loaded gun, especially with variable rates. They took a mortage that was designed to fail. Real estate brokers had a hand in this deception but the folks that set up the mortage were the real culprits.
I bought a house I could afford and paid it off. I don't want to pay for anyone else's house. There was an expression that buy what you want, not what you can afford, because the cost of houses always goes up and you can pay for it while it is appreciating with cheaper dollars due to inflation. It doesn't always work that way.

[scalerman]

Part of the problem was that the banks loaned them the money. The banks were under directive from the government to get these people into houses so they made loans that the banks knew were bad. How the h@ll can somebody working part time at Wal- Mart afford a mortgage? They loaned them the money anyway. This was a policy enacted while Mr. Clinton was in office and everytime the Republicans tried to change the legislation it was a no go. I am not a rocket scientist but even I can see that is going to hurt everybody if that policy continues. Here in Canada I had to wait until I had at least a 5% down payment and a good solid work history- oh and yes my payments had to fit the formula previously mentioned. Sounds to me like the problem lise squarely on the shoulders of the Democratic party. Just my $.02 worth.

[fishdoggydog]

I lost my job in October but my house is NOT in trouble. I will say this, my unemployment checks only cover the cost of my health insurance, and all the property tax payments came out of savings. We set our budget up back in 2002 when the company I worked for lost 60% of the work to CHINA. We paid everything off and set aside a years worth of living expence. How did we do it, we didn't spend money that we made selling some property, we used it to create this safety net. I expect to work till I am 70, with or without an employer, I am not scared, but I am eating the squirrels that show up at the bird feeder, and that Fancy Feast cat food is starting to look OK on TV.

[Larryjk]

scalerman, It is too bad it takes someone from outside the USA to see who has been jamming efforts to get the problem stopped. Many people just want to say it happened during a Republican pres and that is correct. But I keep saying the pres doesn't make the laws, only signs or vetoes them.