Tuesday, August 14, 2007

Hillary Wants Taxpayer-Paid Mortgage Bailouts

Part of Hillary's newly announced plan:

"To help curb the number of foreclosures, Clinton proposed setting up a $1 billion fund to assist homeowners in making arrangements with lending companies to stay in their home."

That's right, a homeowner makes a bad decision about an adjustable mortgage, or otherwise can't afford the payment, and taxpayers -- who should be using their money to pay their own mortgages -- are supposed to pay for it.

I've heard this idea gaining traction among various politicians in recent months, and it really makes me wonder what our nation is coming to. Apparently taxpayer-funded home ownership is now a "right" too. What about personal responsibility for personal financial decisions?

The creep toward Socialism continues...

(Hat tip: Michelle Malkin.)

Meanwhile, Hillary won't release the papers from her years as First Lady prior to the election... As Ed Morrissey notes, Hillary is running in part on her "White House experience," yet she's simultaneously hiding her White House record from the public.


Blogger UGN said...

It appeals to her base anyway: irresponsible morons.

8:06 PM  

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