WHERE???? Does the money come from??
by Queensamiam
<p><span style="font-size: x-small;"><strong>"The Obama administration will announce a major new housing<br /><br />initiative <span id="lw_1269567548_3" class="yshortcuts" style="background: none transparent scroll repeat 0% 0%; cursor: hand; border-bottom: #0066cc 1px dashed;">on Friday</span> that will directly tackle the problem of<br /><br />the millions of Americans who owe more on their houses than<br /><br />they are worth. <em><span style="text-decoration: underline;">The government will buy loans from investors</span></em><br /><br />at the current value of the house in an effort to stabilize<br /><br />the market, people briefed on the plan said. <em><span style="text-decoration: underline;">The government<br /><br />will also increase incentive payments to lenders that cut the<br /><br />principal of borrowers </span></em>in modification programs. And it will<br /><br />require lenders to cut the monthly payments of unemployed<br /><br />borrowers for a minimum of three months."</strong></span></p> <p>It happens when we're not paying attention.&nbsp;&nbsp;&nbsp; We can't even imagine the plans that materialize when we're looking the other way.&nbsp;&nbsp; This is not a Democrat/Republic issue.&nbsp;&nbsp; Undoubtedly every administration has flushed bills through the system before we realized it, then we wondered how it happened.&nbsp;&nbsp; It happens because we let it.&nbsp; We have many venues where we can voice our approval, mistrust, dismay, anger, praise, and opinions.&nbsp;&nbsp;&nbsp; It's the internet, the press, Blogs, public meetings, letters and emails to our legislators, speaking to neighbors, educating our young voters.&nbsp;&nbsp;&nbsp;</p> <p>This spending spree of this administration is more frivious and wayward than any I've known in my 60 years.&nbsp;&nbsp; Learn how much the deficit has increased and ask yourself where the money is coming from.&nbsp;&nbsp; Then ask your legislators where the money is coming from.&nbsp;&nbsp; If you don't approve, ask them to speak on your behalf.&nbsp; WE are the one supporting these bills and bailouts.&nbsp;&nbsp;</p> <p>It's not the governments role to own banks, auto manufactures, and loans.&nbsp;&nbsp; We need to ask questions, demand honest answers, and speak up!&nbsp;&nbsp;</p>
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