Who's paying whose mortgage?
March 2, 2009 | 9:03
am
Bailout backlash is the subject of a Sunday Money & Co. blog item on a Tennessee Republican Party promotion. The TNGOP.org website asks those opposed to the "endless 'bailouts' and 'economic stimulus' packages" to show their displeasure by purchasing a bumper sticker that expresses their frustrations.
Problem is, the sticker says "HONK if you're paying my mortgage." Shouldn't that be "HONK if I'm paying your mortgage?"
-- Lauren Beale
Thoughts? Comments?
I guess noise pollution is going to go way up...
Posted by: RZ | March 02, 2009 at 09:10 AM
"Problem is, the sticker says "HONK if you're paying my mortgage." Shouldn't that be "HONK if I'm paying your mortgage?""
See the Obama O? The right thinks the left is full of people just seeking handouts and bailouts. So this would be someones on the lefts bumper sticker.
Nevermind that we just had 8 years of a conservative in charge and we have record spending, debt and a terrible economy.
Really, zealots one way or the other really scare me. Blindly following a dogma gets us in the situation we are in today.
Posted by: Cal | March 02, 2009 at 09:34 AM
Cal, I appreciate your opposition to extremism, but Bush was not a conservative -- at least not on fiscal matters. Those who consider themselves conservatives are getting pretty tired of hearing him used as the poster boy for why we shouldn't follow "conservative" economic policies, because he didn't follow them, either.
Posted by: I Live in L.A., Too! | March 02, 2009 at 11:11 AM
Cal, I agree with you, but it looks like it says 'paid for by the Tenn Repub Party' at the bottom. At the risk of sounding partisan, perhaps those in Tennessee that are opposed to the "endless bailouts" need to remind themselves about the endless federal tax giveaways that flow to Tennessee tobacco farmers and the Tennessee Valley Authority, among other programs. Glass houses, and all that...
Posted by: sfvrealestate | March 02, 2009 at 11:25 AM
I can tell some on here lean to the left as well.
We're all Americans in trouble now.
Posted by: Tim | March 02, 2009 at 05:42 PM
I voted for Obama and wish him much success... HOWEVER... I have reached bailout fatigue! I have scrimped and saved and lived like a pauper for the last 5 years so that I can save a 20% downpayment on a home only to be priced out by the crazy speculators. Now that this ponzi scheme has blown up in their faces, I have to bail them out while I still cannot afford a home in a decent neighborhood. I am just so angry it makes me cry.
The people that played by the rules are forced to bailout multibillion dollar companies and irresponsible liars. And now they double the car tax, raise the sales tax and plan on toll roads so we have to pay MORE money to the state to drive on roads we already paid for! In the meantime, there is nothing to stop illegals from coming over and living well off of our tax dollars or unions from soaking the state for every dime they can.
I can't take much more... I just can't.
Posted by: JK | March 02, 2009 at 05:54 PM
No one should ever accuse the GOP of getting its facts -- or its rhetoric -- straight.
Posted by: Drew | March 02, 2009 at 07:54 PM
To Anti-mortgage bailout people - I'm burned out by bailing out AIG which is costing many times more than the mortgage bailout which, by the way, will help real people, real taxpayers....Why are you cry babies not complaining about that?
Posted by: Daily Jacket | March 02, 2009 at 07:58 PM
Daily Jacket, we are. I 'm tired of bailing EVERYONE out while I remain a bitter, bitter renter! If someone were losing their home because of job loss or the economic downturn, I'm all for extending unemployment benefits. If someone were defrauded on a mortgage, I"m all for giving them back any money they put down (which in too many cases is ZERO) but why do I have to pay for people to live better than I do? I just don't get it. If all this free money fails us, I am going to be really mad at myself for voting Obama even though McCain was no better. Where are the real conservatives?
Posted by: JK | March 02, 2009 at 09:30 PM
Wow! Is this really a right or left issue? I think this is an every tax payer issue. Both the repubs & democrats each concocted bailouts-I think this is about covering bets & making sure certain people don't lose their wealth. I voted for Obama, but I wrote, Harman, Boxer, Feinstein, & Obama today to tell them AGAIN that these bailouts are delaying the finding of the bottom & letting the more responsible people take over. The bailouts mean nothing & do nothing, otherwise the DOW wouldn't be below 7000 right now.
Don't sit there like a victim complaining, write your reps & tell them to GO AND GET THE MONEY FROM THE ECONOMIC TERRORISTS-PAULSON, MOZILLO, MADOFF, THAT GUY FROM LEHMAN, THE GUY FROM WAMU, ETC....Call it....Revolution Insurance.....
Posted by: summer | March 02, 2009 at 11:13 PM
A journey of thousand complaints has got to start somewhere. I guess I applaud those Repbulicans from Tennessee. And we can go sideways, backwards and forwards from there. I have no problem with that
Posted by: MyLessThanPrimeBeef | March 02, 2009 at 11:25 PM
Some one has to pay for all the breaks and goodies doled out to banks, mortgage brokers, stock brokers etc. during the Bush years.
Posted by: Inland Empire | March 03, 2009 at 07:00 AM
well, my guess is with that crowd, they couldn't spell "complex derivatives" so they had to target homeowners instead of the scumbags who caused all this and are getting trillions of our tax dollars to have their "talent retained." you know, so they can create jobs and start lending with that trickle-down system that works so well... hey, to be fair, it works for sewage, and if there's one thing i want to base my economy on, it's the gravitational pull of rich people's poop!
Posted by: sheila | March 03, 2009 at 10:53 AM
Are we really going to blame only bankers? Don't homeowners who got in over their heads, caught up in the frenzy of "buy-now, pay-never," have a part in this, too?
Of course they do.
Posted by: I Live in L.A., Too! | March 04, 2009 at 03:28 PM