Thursday, February 19, 2009

Go Rick, Go! Kudos to Rick Santelli

Rick Santelli said what most of us have been thinking on CNBC - namely that this bailout of irresponsible people who bought more house than they can afford stinks to high heaven.

Sure, there are some that lost their jobs and they're struggling. But many of us who are managing to pay our house payments are struggling, too. The government pushed people who couldn't afford a house into mortgages they were never going to be able to handle. All because they wanted to make sure everyone, whether they were responsible or capable, could own a house.

Well, I have news for the President. Not everyone can handle a house payment. Not everyone "deserves" a house. It's a responsibility.

I rented for years while I scraped together the money to buy a house. A catastrophe happened and I had to use that money for an emergency regarding my son. I had a nice rental house, was happy as I could be in it. Sure, I wanted to own, but it didn't happen for many, many years.

When I bought, I figured out what I could afford. I factored in house maintenance, emergencies, and other things. When I went to buy my house as a single mom, I was told I could buy much more house than I had decided I could handle.

I said thanks, but no thanks.

Many people didn't.

Now, because they got in over their heads I am supposed to bail them out?

It's bad enough that we're going to be stuck with the future-killing stimulus bill.

Rick Santelli is my hero. He said what I'd be saying if I had a platform to say it that would reach millions. We need more Santelli's. We need a nation-wide tea party.

Take the poll: Would You Join Santelli's "Chicago Tea Party?"

- ab

1 comment:

Anonymous said...

i agree with rick but where was he and you when bankers recieved billions so they could pay their bonuses. So your neighbor with 2 kids gets a few grand and you are all outraged and when these so called "free marketers" receive billions you stay quiet?