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merriefollowshare
4-30-2008 8:23 PM206 views
merrie says:
Unfortunately, renters aren't as good at politics as the small minority of homeowners (and their bankers) who are in trouble. We don't have lobbyists in Washington, DC. We don't get a tax deduction for our rent and we don't get sweetheart government loans.

WHEREAS: Most Americans rent or own their home outright, and the vast majority of homes (98%) are not in foreclosure.

WHEREAS: Both banks and borrowers should be reponsible for their actions, and the government should not reward reckless behavior.

WHEREAS: It is wrong to force all taxpayers-- including renters who are already subsidizing home owners through the tax code-- to pay for additional bailouts for big banks and home flippers.

BE IT RESOLVED: That Congress should not pass any bailout programs that reward risky borrowing and lending. Let the free market sort it out!


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