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	<title>Comments on: The Democrat clamor for a housing bailout</title>
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	<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/</link>
	<description>news and commentary from a conservative perspective</description>
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		<title>By: Boi From Troy &#187; Blog Archive &#187; Fool Me Once&#8230;Not Twice</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-138651</link>
		<dc:creator>Boi From Troy &#187; Blog Archive &#187; Fool Me Once&#8230;Not Twice</dc:creator>
		<pubDate>Wed, 03 Oct 2007 14:08:51 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-138651</guid>
		<description>[...] of Realtors went to President Bush and urged him to propose a mortgage bailout. So, naturally, Democratic presidential candidates must be even more generous in their proposed handouts. Heck, even local officials in Los Angeles have talked about using money from the Affordable [...]</description>
		<content:encoded><![CDATA[<p>[...] of Realtors went to President Bush and urged him to propose a mortgage bailout. So, naturally, Democratic presidential candidates must be even more generous in their proposed handouts. Heck, even local officials in Los Angeles have talked about using money from the Affordable [...]</p>
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		<title>By: loan signing</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-129652</link>
		<dc:creator>loan signing</dc:creator>
		<pubDate>Sat, 15 Sep 2007 23:11:43 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-129652</guid>
		<description>&lt;strong&gt;loan signing...&lt;/strong&gt;

...</description>
		<content:encoded><![CDATA[<p><strong>loan signing&#8230;</strong></p>
<p>&#8230;</p>
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		<title>By: 9226d8484cd421e091b9</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-126761</link>
		<dc:creator>9226d8484cd421e091b9</dc:creator>
		<pubDate>Mon, 10 Sep 2007 15:49:45 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-126761</guid>
		<description>&lt;strong&gt;9226d8484cd421e091b9...&lt;/strong&gt;

9226d8484cd4...</description>
		<content:encoded><![CDATA[<p><strong>9226d8484cd421e091b9&#8230;</strong></p>
<p>9226d8484cd4&#8230;</p>
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		<title>By: politicalpartypoop.com &#187; Blog Archive &#187; Bush pulls a Hillary on housing???</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-122617</link>
		<dc:creator>politicalpartypoop.com &#187; Blog Archive &#187; Bush pulls a Hillary on housing???</dc:creator>
		<pubDate>Fri, 31 Aug 2007 21:16:57 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-122617</guid>
		<description>[...] related stuff on MM: The Democrat clamor for a housing bailout Hillary’s socialist housing bailout [...]</description>
		<content:encoded><![CDATA[<p>[...] related stuff on MM: The Democrat clamor for a housing bailout Hillary’s socialist housing bailout [...]</p>
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		<title>By: Michelle Malkin &#187; Bush pulls a Hillary on housing???</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-122225</link>
		<dc:creator>Michelle Malkin &#187; Bush pulls a Hillary on housing???</dc:creator>
		<pubDate>Fri, 31 Aug 2007 12:13:03 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-122225</guid>
		<description>[...] Out-Democratting the Democrats: It&#8217;s the GOP lame duck way. [...]</description>
		<content:encoded><![CDATA[<p>[...] Out-Democratting the Democrats: It&#8217;s the GOP lame duck way. [...]</p>
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		<title>By: Maggie's Farm</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120390</link>
		<dc:creator>Maggie's Farm</dc:creator>
		<pubDate>Sun, 26 Aug 2007 14:11:10 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120390</guid>
		<description>&lt;strong&gt;A few Sunday Links...&lt;/strong&gt;

Iraqis protest terror at Saudi Embassy. Good.How is this as an invitation for a discrimination lawsuit? RiehlA housing bailout? What sense does this make? MichelleFruits and vegetables don&#039;t do anything for your health. Surber. Yes, we do know that. T...</description>
		<content:encoded><![CDATA[<p><strong>A few Sunday Links&#8230;</strong></p>
<p>Iraqis protest terror at Saudi Embassy. Good.How is this as an invitation for a discrimination lawsuit? RiehlA housing bailout? What sense does this make? MichelleFruits and vegetables don&#8217;t do anything for your health. Surber. Yes, we do know that. T&#8230;</p>
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		<title>By: Sunday Ghost Light &#171; Thespis Journal</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120386</link>
		<dc:creator>Sunday Ghost Light &#171; Thespis Journal</dc:creator>
		<pubDate>Sun, 26 Aug 2007 12:49:25 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120386</guid>
		<description>[...] The Democrat Clamor for a Housing Bail-Out [...]</description>
		<content:encoded><![CDATA[<p>[...] The Democrat Clamor for a Housing Bail-Out [...]</p>
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		<title>By: greenLibertarian</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120361</link>
		<dc:creator>greenLibertarian</dc:creator>
		<pubDate>Sun, 26 Aug 2007 08:03:32 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120361</guid>
		<description>Your words are gold, cal-dude.  The responsible ordinary people of this country get screwed by the irresponsible and the people who enable or prey on them.  As a 50-year-old soon-to-be-unemployed professional, since my company and others like it only want to hire H1-B workers and won&#039;t even let me work at a comparable wage, I am simply saving as much as possible and preparing to emigrate to a low-living-cost country.  I am not going to stay here in Parasite Nation and wait for the gov to take my savings and earnings away to distribute to others who mostly have done nothing or not enough to earn it.  Despite its dismal eco-record, I plan to go to China.  At least people are expected to earn their keep there.</description>
		<content:encoded><![CDATA[<p>Your words are gold, cal-dude.  The responsible ordinary people of this country get screwed by the irresponsible and the people who enable or prey on them.  As a 50-year-old soon-to-be-unemployed professional, since my company and others like it only want to hire H1-B workers and won&#8217;t even let me work at a comparable wage, I am simply saving as much as possible and preparing to emigrate to a low-living-cost country.  I am not going to stay here in Parasite Nation and wait for the gov to take my savings and earnings away to distribute to others who mostly have done nothing or not enough to earn it.  Despite its dismal eco-record, I plan to go to China.  At least people are expected to earn their keep there.</p>
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		<title>By: Patchthebun</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120333</link>
		<dc:creator>Patchthebun</dc:creator>
		<pubDate>Sun, 26 Aug 2007 03:30:22 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120333</guid>
		<description>Yep, we&#039;re in the DC area too.  I don&#039;t count myself a victim though,  we made some choices which seemed good at the time, but turned out to be not-so-smart.  We&#039;re trying to get out of this area but my husband&#039;s company won&#039;t transfer him.  He&#039;s paid well for what he does, but he doesn&#039;t have an undergraduate degree so we&#039;re limited in our options for a career change.  We&#039;ve decided that he&#039;ll go back to school and finish up a degree so we can move to a part of the country that is affordable.  
If we were only 5 years older, and had bought a home 5 years earlier, we would have been able to afford to live here.  We have to pick up and move a state away from our family to have a hope of living somewhere we can afford.</description>
		<content:encoded><![CDATA[<p>Yep, we&#8217;re in the DC area too.  I don&#8217;t count myself a victim though,  we made some choices which seemed good at the time, but turned out to be not-so-smart.  We&#8217;re trying to get out of this area but my husband&#8217;s company won&#8217;t transfer him.  He&#8217;s paid well for what he does, but he doesn&#8217;t have an undergraduate degree so we&#8217;re limited in our options for a career change.  We&#8217;ve decided that he&#8217;ll go back to school and finish up a degree so we can move to a part of the country that is affordable.<br />
If we were only 5 years older, and had bought a home 5 years earlier, we would have been able to afford to live here.  We have to pick up and move a state away from our family to have a hope of living somewhere we can afford.</p>
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		<title>By: nbarry</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120304</link>
		<dc:creator>nbarry</dc:creator>
		<pubDate>Sun, 26 Aug 2007 01:37:50 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120304</guid>
		<description>Darwin? So much for compassionate conservatism. I never said that I favor Schumer&#039;s bailout and even expressed doubt that it will accomplish the benefits for the country as a whole he claims it will.

It is the job, however, of the Federal government to keep interstate commerce on the ethical up-and-up. When it allowed our securities and commodities exchanges to morph into gambling casinos, it clearly failed.

I remember when Schumer&#039;s Republican predecessor Alphonse D&#039;Amato proposed a statutory cap on credit card interest. The howls of the &lt;strike&gt;loan sharks&lt;/strike&gt; financiers were deafening. Why, if such a bill passed, they would have to stop issuing their plastic to deadbeats. Imagine!

By the way, since many of you are deeply perturbed over high taxes, it is my duty to point out that President Bush, in his budget submitted to Congress, has requested that the Alternative Minimum Tax be maintained at the same rate as 30 years ago and with no indexing for inflation over the course of that time. The AMT is designed to sneak up on and clobber us working stiffs without warning when we fill out our 1040&#039;s. Furthermore, the deduction for property taxes is disallowed in determining AMT taxable income. As I said, so much for compassionate conservatism.</description>
		<content:encoded><![CDATA[<p>Darwin? So much for compassionate conservatism. I never said that I favor Schumer&#8217;s bailout and even expressed doubt that it will accomplish the benefits for the country as a whole he claims it will.</p>
<p>It is the job, however, of the Federal government to keep interstate commerce on the ethical up-and-up. When it allowed our securities and commodities exchanges to morph into gambling casinos, it clearly failed.</p>
<p>I remember when Schumer&#8217;s Republican predecessor Alphonse D&#8217;Amato proposed a statutory cap on credit card interest. The howls of the <strike>loan sharks</strike> financiers were deafening. Why, if such a bill passed, they would have to stop issuing their plastic to deadbeats. Imagine!</p>
<p>By the way, since many of you are deeply perturbed over high taxes, it is my duty to point out that President Bush, in his budget submitted to Congress, has requested that the Alternative Minimum Tax be maintained at the same rate as 30 years ago and with no indexing for inflation over the course of that time. The AMT is designed to sneak up on and clobber us working stiffs without warning when we fill out our 1040&#8242;s. Furthermore, the deduction for property taxes is disallowed in determining AMT taxable income. As I said, so much for compassionate conservatism.</p>
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		<title>By: PRCalDude</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120297</link>
		<dc:creator>PRCalDude</dc:creator>
		<pubDate>Sun, 26 Aug 2007 00:15:46 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120297</guid>
		<description>So far, the only thing I&#039;ve seen the government actually produce through its social welfare tampering is gangs and minorities with an entitlement mentality.  I should have just done what everybody else did: sign up for some neg-am i/o loan and sit tight until Big Brother comes to my aid.  

The politicians need to wake up to the fact that immigration works both ways.  if they&#039;re that set on taxing the middle class until they&#039;re impoverished paying the bills of government welfare brats, perhaps they need to learn to get along without us.  We&#039;re already taxed more than the ancient near-eastern kings ever demanded of their subjects, if you can imagine that.  The Egyptian pharoahs never took more than 30%, if you can believe that.  I make a middle class income and still have to be frugal with how much I spend renting, while waiting probably in vain for the market to come down.  Looks like I was the fool.</description>
		<content:encoded><![CDATA[<p>So far, the only thing I&#8217;ve seen the government actually produce through its social welfare tampering is gangs and minorities with an entitlement mentality.  I should have just done what everybody else did: sign up for some neg-am i/o loan and sit tight until Big Brother comes to my aid.  </p>
<p>The politicians need to wake up to the fact that immigration works both ways.  if they&#8217;re that set on taxing the middle class until they&#8217;re impoverished paying the bills of government welfare brats, perhaps they need to learn to get along without us.  We&#8217;re already taxed more than the ancient near-eastern kings ever demanded of their subjects, if you can imagine that.  The Egyptian pharoahs never took more than 30%, if you can believe that.  I make a middle class income and still have to be frugal with how much I spend renting, while waiting probably in vain for the market to come down.  Looks like I was the fool.</p>
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		<title>By: graysonret</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120296</link>
		<dc:creator>graysonret</dc:creator>
		<pubDate>Sat, 25 Aug 2007 23:58:25 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120296</guid>
		<description>I live in the D.C. area too, crashemt.  Price of housing around here is absurb, especially when I see prices up at home in New England. My wife and I have seriously talked recently about picking up stakes and heading up north. Same salaries, cheaper housing. Unfortunately, we have become a &quot;welfare&quot; country where we all want the gov&#039;t to care for us, instead of hard work and competition, which is what built this country.  I wish you luck crashemt.</description>
		<content:encoded><![CDATA[<p>I live in the D.C. area too, crashemt.  Price of housing around here is absurb, especially when I see prices up at home in New England. My wife and I have seriously talked recently about picking up stakes and heading up north. Same salaries, cheaper housing. Unfortunately, we have become a &#8220;welfare&#8221; country where we all want the gov&#8217;t to care for us, instead of hard work and competition, which is what built this country.  I wish you luck crashemt.</p>
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		<title>By: crashemt</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120281</link>
		<dc:creator>crashemt</dc:creator>
		<pubDate>Sat, 25 Aug 2007 21:54:13 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120281</guid>
		<description>nbarry-

It is people like you that have made me completely lose trust in America today.

My back can carry no more.  My wife and I worked hard for decades.  She &lt;em&gt;EARNED&lt;/em&gt; her PhD through hard labor.  No assistance was available.  I worked 65+ hours/week to support myself through college, and her through her doctorate.  We are finally in a place where we have enough money to consider buying a house.  

There are no houses in the DC area that are within our means.  This mess, caused by &lt;em&gt;irresponsible consumers and greedy businesses&lt;/em&gt;, has overpriced the market ten-fold.  No 4000 square foot space can ever be justified at $1 million, nor can a 2500 square foot space 30 miles out of town be justified at $500,000.  The facts simply do not bear it out. 

So to have me pay extra taxes to bail out either side is &lt;strong&gt;CRIMINAL&lt;/strong&gt;.  That&#039;s the most corrupt form of usary, where I am charged an outrageous rate for something I do not own, nor can make any claim to or against.  

Fair trade be damned!  Caveat Emptor!

It is not the job of the Federal government to give benefits to the worker.  It is not the job of the Federal government to provide housing or food to the individual.  Why should the American taxpayer have to pay to support an unsupportable system of consumer demand?  

If the business cannot fit a demand, it should die out!  If the laborer in that business is so blind as to ignore the lack of demand and affect change in themselves or the company to save the business, then let them live in the cold harsh reality of life.

We ignore Darwin in every attempt to bail out some sector of business, employee, or consumer.  The stupid need to die out.  It is the natural order of things.  The herd must be thinned, or the entire herd will starve, become disease stricken, and die!</description>
		<content:encoded><![CDATA[<p>nbarry-</p>
<p>It is people like you that have made me completely lose trust in America today.</p>
<p>My back can carry no more.  My wife and I worked hard for decades.  She <em>EARNED</em> her PhD through hard labor.  No assistance was available.  I worked 65+ hours/week to support myself through college, and her through her doctorate.  We are finally in a place where we have enough money to consider buying a house.  </p>
<p>There are no houses in the DC area that are within our means.  This mess, caused by <em>irresponsible consumers and greedy businesses</em>, has overpriced the market ten-fold.  No 4000 square foot space can ever be justified at $1 million, nor can a 2500 square foot space 30 miles out of town be justified at $500,000.  The facts simply do not bear it out. </p>
<p>So to have me pay extra taxes to bail out either side is <strong>CRIMINAL</strong>.  That&#8217;s the most corrupt form of usary, where I am charged an outrageous rate for something I do not own, nor can make any claim to or against.  </p>
<p>Fair trade be damned!  Caveat Emptor!</p>
<p>It is not the job of the Federal government to give benefits to the worker.  It is not the job of the Federal government to provide housing or food to the individual.  Why should the American taxpayer have to pay to support an unsupportable system of consumer demand?  </p>
<p>If the business cannot fit a demand, it should die out!  If the laborer in that business is so blind as to ignore the lack of demand and affect change in themselves or the company to save the business, then let them live in the cold harsh reality of life.</p>
<p>We ignore Darwin in every attempt to bail out some sector of business, employee, or consumer.  The stupid need to die out.  It is the natural order of things.  The herd must be thinned, or the entire herd will starve, become disease stricken, and die!</p>
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		<title>By: nbarry</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120258</link>
		<dc:creator>nbarry</dc:creator>
		<pubDate>Sat, 25 Aug 2007 17:21:51 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120258</guid>
		<description>If every American today were to live within his means, retail purchases would plummet, and only God knows how many businesses would go belly up and how many people would lose their jobs.

This didn&#039;t have to be. Let&#039;s look at history. After World War II, our country went through a period of great prosperity. There were no such things as credit cards or adjustible-rate mortgages. Lenders had to adhere to usury laws that kept interest rates down. Businesses that wanted to merge or acquire had to be mindful of antitrust laws that were more likely to be enforced than they are today. Fair trade laws aimed to keep small businesses from being swallowed up by big ones, albeit imperfectly. The income of a husband as a rule was sufficient to support the entire family, so many wives stayed at home to raise the children. Labor unions, at least the honest ones, generally were able to gain income and benefits for their members that kept pace with the cost of living, and labor-manangement grievance committees settled problems that government is now called on to resolve. Despite the loathing of unions by conservatives, workers established &quot;made in the U.S.A&quot; as the gold standard of industrial quality.

So how did we get from there to here? The answer is the key to straightening out the economic mess we are in. Sen. Schumer&#039;s bailout proposal may not work, but neither will moralistic finger pointing.</description>
		<content:encoded><![CDATA[<p>If every American today were to live within his means, retail purchases would plummet, and only God knows how many businesses would go belly up and how many people would lose their jobs.</p>
<p>This didn&#8217;t have to be. Let&#8217;s look at history. After World War II, our country went through a period of great prosperity. There were no such things as credit cards or adjustible-rate mortgages. Lenders had to adhere to usury laws that kept interest rates down. Businesses that wanted to merge or acquire had to be mindful of antitrust laws that were more likely to be enforced than they are today. Fair trade laws aimed to keep small businesses from being swallowed up by big ones, albeit imperfectly. The income of a husband as a rule was sufficient to support the entire family, so many wives stayed at home to raise the children. Labor unions, at least the honest ones, generally were able to gain income and benefits for their members that kept pace with the cost of living, and labor-manangement grievance committees settled problems that government is now called on to resolve. Despite the loathing of unions by conservatives, workers established &#8220;made in the U.S.A&#8221; as the gold standard of industrial quality.</p>
<p>So how did we get from there to here? The answer is the key to straightening out the economic mess we are in. Sen. Schumer&#8217;s bailout proposal may not work, but neither will moralistic finger pointing.</p>
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		<title>By: graysonret</title>
		<link>http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/comment-page-2/#comment-120255</link>
		<dc:creator>graysonret</dc:creator>
		<pubDate>Sat, 25 Aug 2007 16:51:47 +0000</pubDate>
		<guid isPermaLink="false">http://michellemalkin.com/2007/08/24/the-democrat-clamor-for-a-housing-bailout/#comment-120255</guid>
		<description>Patchthebun is a good example.  I hope everyone here remembers to teach their kids finances and budgets.  They will be most grateful. We are all bombarded 24/7 to buy,buy, buy, TODAY.  The future(payments) comes very quickly. A house is not required spending. Liquids assets are essential first, before property. Thinking money will be fine next year, doesn&#039;t pay the bills.  Always have something to fall back on first.  A good example is a couple I know.  They spent $140K on a house...all their money, because they didn&#039;t have anywhere near a decent credit score.  House is in both their names.  Now, they&#039;re divorcing. House is worthless because they haven&#039;t any credit to draw equity. If they sell, they split the money, which is tough on her, because it was all her money, with 3 kids.  It would have been better to rent and invest the money.  She can&#039;t even afford a lawyer to get a divorce.  I know, I&#039;ve &quot;loaned&quot; money a couple of times.  Sad.</description>
		<content:encoded><![CDATA[<p>Patchthebun is a good example.  I hope everyone here remembers to teach their kids finances and budgets.  They will be most grateful. We are all bombarded 24/7 to buy,buy, buy, TODAY.  The future(payments) comes very quickly. A house is not required spending. Liquids assets are essential first, before property. Thinking money will be fine next year, doesn&#8217;t pay the bills.  Always have something to fall back on first.  A good example is a couple I know.  They spent $140K on a house&#8230;all their money, because they didn&#8217;t have anywhere near a decent credit score.  House is in both their names.  Now, they&#8217;re divorcing. House is worthless because they haven&#8217;t any credit to draw equity. If they sell, they split the money, which is tough on her, because it was all her money, with 3 kids.  It would have been better to rent and invest the money.  She can&#8217;t even afford a lawyer to get a divorce.  I know, I&#8217;ve &#8220;loaned&#8221; money a couple of times.  Sad.</p>
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