rasguy24's Blog

Let's say Obama manages to increase the average middle income by 10% wow that would be great right?

Now let also consider that Obama future plans for bail out and printing money will drastically drop the value of the American dollar. let's say that comes to 25%

didn't we just loss 15% of our income.

Who is getting the raw end of the Bail - out ? People who owns homes. Who pays the bulk of local services the Home Owner.

All these Bail outs not directed at the problems, is greatly costing the Home Owner. As a home Owner the bulk of you net worth is frozen in you home. At least the Middle Class.

Now democrats say they are for the middle class, but for the last two years they been feeding on our sweat. It is the Republicans that wanted to buy the mortgages and stop the spiral of housing value. That what was sold on the floor by the Democrat majority leader Pelosi.

Since then 350 billion later not one dime has reached the housing market.
But the Government has bought it's way to being a  player in private business.
step one to socialism.

Meanwhile, the value of savings in the Market and the value of homes dwindle.

Soon the Democrat controlled Government will be printing trillions of dollars, to pay for these bail outs and these new programs. This will devalue the dollar making it worth less then before, since most middle class home owners have everything vested in their homes this will directly reduce a home owners wealth.

The only sensible bail out, is to directly bail out the home owners for the losses they have took.

The Reinvestment act, with help from Democrat controlled Fannie Mae and Freddie Mac, with help from our favorite left group ACORN, Democrat controlled Senate finance committee blocking of pleas from Republican to regulate, lead to great losses for liget Home Owners.

want to Bail - Out America? Bail - out the home owner. 20,000 per home in America. If you Own a House or Condo. If you still owe use it to pay down the mortgage, if your mortgage is in trouble it goes towards the payment with regulation that the bank has to rework the new balance.If your paid off, you get it to make up for some of what bad government took from you. These are the people who will turn the economy around. The Homeowners who paid down a healthy mortgage will have more monthly cash flow, those who already paid off will use the money for remodling, add-ons, furniture, new car or truck, or maybe even a vacation. The ones that were over extended will now be able to make their payment more manageable or tied them over until they can get out from under it.

this plan get money back in the banks, gets bad mortgages off the balance sheets, Get houses out of forclosure, reduces housing on the market, sparks spending, curbs unemployment, and reignites construction.

I would like to announce the grand opening of the First Bank Of Rasguy24.

Unfortunately several bad loans to myself  has cause the need for a government to give me a Bail -out

25 Billion should be plenty to get First Bank Of Rasguy24 back to lending to the American people.

The Auto makers need another bail-out, Republicans don't want to throw more money into the void.They want the Auto makers to claim bankrupcy and restructure and then if they need help fine.

The Democrats are dead set against it. Why cause it would end Union contracts, they're the reason auto makers can't be competitive in the first place.

The unions own the democrats,  The dems are planning on taking away private voting on unions to let unions know who they need to muscle. It's no secret  how these unions work, legal organized crime if you ask me. To a point unions were good, but then the enormous benifits to auto makers employees has ran the auto makers into the ground.

The bailouts has accomplished nothing and now they don't even want to buy up the bad mortgages, that was the bail out whole purpose.

The government instead used the money to take steps towards socializing the Country.

How long will we wait and see before it's too late?