The DNC did me a favor. Now that I am no longer a member of the Democratic party, my blinders have fallen off and I see more clearly. Rick Santalli's rant got me thinking. HERE
No, I don't want to pay for my neighbor's 2nd bathroom, summer vacation or flat screen TV. Nor do I want to bail out their mortgage if they overspent their monthly budget on cell phones, clothes from Saks, dining out and getting their nails done. And Peloisi's trip to Italy on the government's dime sickens me.
In the last two years I've lost my job, my health insurance, paid egregious prices for heating oil and gas, seen my antiques business dwindle away to nothing and now I'm dealing with Madoff stealing my husband's pension. But, we are making it. Granted, it's close, but we eat well, don't buy anything we absolutely do not need and, when we do, it's second hand or factory refurbished. I do my own wallpapering, painting, don't have a dishwasher and our food is homemade, even the bread. In short, we struggle, but we are making it. And, I refuse to shop at Wal-Mart.
I worked through the mortgage debacle and saw many people make a lot of money. And, it appears they are keeping it, because neither Realtors, mortgage brokers, underwriters nor banks are being held accountable. Who is? You and me. For something that we didn't fall for nor are a part of.
I'd really like to see what criteria will be used to decide which people will be helped out with their mortgages. I'm all for helping those who help themselves and aren't exploiting the same failed rules that got us here. However, if you feel you need a vacation, an iPod, a landscaper, cellphones and Coach pocketbooks, you shouldn't qualify for a bailout. And I certainly don't want to pay for your extravagant lifestyle.
And, by the way, what is wrong with renting?