Stop the Housing Bailout!!!

358 People Have Sent 8,578 Letters and Emails

Sign the Petition

Some recent comments: these messages are published with permission of the signer.

Total Signers: 358    View More: 4 3 2    1

  1. Thu., Apr. 17, 2008 6:42 PM    link R.V. M. | Tillson, NY

    I don't want one more dime of our money going to these greedy people. The dollar sinks more and more daily because if we keep treating it like monopoly money then the rest of the world will too.

    Thank you.

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  3. Thu., Apr. 17, 2008 7:40 PM    link Brad H. | Bellevue, NE

  4. Thu., Apr. 17, 2008 7:42 PM    link Joan H. | Bellevue, NE

  5. Thu., Apr. 17, 2008 9:15 PM    link Chris S. | Santa Monica, CA

    The above letter could not say it any better.

    No to greedy home buyers who did not think before they purchased over priced homes. While I saved for my 20%+ down payment, the prices of homes where I used to live far out exceeded what I could have afforded and I made OVER TWICE the average family income where I lived in California, but there was no way I could afford a home for my wife and I without an exotic or 'voodoo' loan. So where is my bailout?

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  7. Fri., Apr. 18, 2008 2:57 PM    link Hector D. | Los Angeles, CA

    Congress ignores the fact that millions of us still rent, pay taxes (without house deductions), and at least a percentage of us would willingly take part in the “American dream” if the housing market was allowed to correct as it should.

    If members of Congress wish to solve the housing problem with public money, they should better develop affordable housing (for living, not for investment).

    Perhaps these members will win the vote of home owners, but I hope no renter will vote for them.

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  9. Fri., Apr. 18, 2008 3:57 PM    link Christopher P. | Del Mar, CA

  10. Fri., Apr. 18, 2008 3:59 PM    link Christy B. | San Diego, CA

    Please do not support a bailout at the expense of hard working Americans who are financially responsible. Losing one's home does not make a person automatically homeless - it can make them a renter which is what they should have possibly remained and not a homeowner.

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  12. Sat., Apr. 19, 2008 11:13 AM    link Teresa P. | Eugene, OR

  13. Sun., Apr. 20, 2008 7:56 PM    link TONY J. | LOS ANGELES, CA

    Attention elected officials please do not bail out Wall Street they created this mess ,through mortages,car loans, student loans,securtizing this derivitive bond market debt. The middle class has now been eliminated I live in the republic of California in which is a Country inside of the United States, i live in Los Angeles in which is a state in CALIFORNIA. Condos start at eight hundred thousand dollars a seven hundred square feet house is a million dollars and the house was probably built aound 1925. Everything is so expensive if you have a masters degree and paying back your student loan you cant even afford rent in Los Angeles starts at sixteen hundred dollars a month.I never thought home ownership would not even be considered now by people they feel they will never be able to afford, when that happens the whole country wll become one bid ghetto because people will feel i do not own anything and will trash evrything they come in contact with.The mentality if you own something you will take care of it, so let the housing market correct itself som home will become affordable.Stop letting the Zionist use our country as a proxy to proliferate Zionism globally

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  15. Mon., Apr. 21, 2008 3:06 PM    link Morgan W. | Glendale, CA

    Please actually read this. I know that you tend to listen to "bigger" constituents, but this is the voice of the American people.

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  17. Mon., Apr. 21, 2008 3:08 PM    link Morgan W. | Glendale, CA

    Please actually read this. I know that you tend to listen to "bigger" constituents, but this is the voice of the American people.

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  19. Tue., Apr. 22, 2008 3:00 PM    link Matt G. | San Diego, CA

  20. Wed., Apr. 23, 2008 10:45 AM    link Greg S. | Lucedale, MS

  21. Wed., Apr. 23, 2008 12:04 PM    link Marty and Gina R. | Naperville, IL

    I own a home I can afford and have a fixed rate mortgage. The bailout aids:

    1)"so-called" homeowners who never even put money down on their homes
    2) Flippers who bought on speculation
    3) People who used their homes as piggy banks, remortgaging to buy "stuff"
    4) Homebuilders that made millions from this whole process

    Elected officals who support the bailout will feel the wrath of the electorate during the next election cycle. Count on it! Stop giving away our hard-earned tax dollars to the undeserving.

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  23. Wed., Apr. 23, 2008 12:06 PM    link Marty and Gina R. | Naperville, IL

    I own a home I can afford and have a fixed rate mortgage. The bailout aids:

    1) "So-called" homeowners who never even put money down on their homes
    2) Flippers who bought on speculation
    3) People who used their homes as piggy banks, remortgaging to buy "stuff"
    4) Homebuilders that made millions from this whole process

    Elected officals who support the bailout will feel the wrath of the electorate during the next election cycle. Count on it! Stop giving away our hard-earned tax dollars to the undeserving.

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  25. Wed., Apr. 23, 2008 12:08 PM    link Yan W. | Princeton, NJ

    I didn't get my share of profits when house prices skyrocketed. Then why should my tax money pay for the loss when house prices depreciate.

    YW

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  27. Wed., Apr. 23, 2008 1:49 PM    link Kristi W. | Atlanta, GA

  28. Wed., Apr. 23, 2008 2:11 PM    link John H. | Petoskey, MI

    The foreclosure/failure rate in our county is up over 200% month to year/month - we are a TOURIST community and have been flooded by developers and second home buyers cashing in on easy mortgages... my wife and I spent 25 years paying off our mortgage, I do not want to pay off anybody elses nor do I want my children and grandchildren doing so... the national debt is a disgrace. The so called leader of the free world and his toadies in congress are destroying our patrimony... please grow a set of balls and do the right thing. DO NOT BAIL OUT ANYONE!

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  30. Wed., Apr. 23, 2008 3:24 PM    link Andrew H. | San Diego, CA

    I don't want my tax money being used to keep me from affording a home! I chose to rent rather than "buy" a home with a mortgage I knew I couldn't sustain-- don't penalize me for being sensible!

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  32. Wed., Apr. 23, 2008 3:30 PM    link Guojian W. | Brooklyn, NY

    Fannie Mae is overburdened. The FHA is overburdened. Asking them to take on more is just taking the risks away from the banks and giving them to us; the tax payer! Just because there is no money up front required does not mean there is no money needed later. which is exactly what's going to happen. Let the market work itself out and stop meddling in it. NO BAILOUT!!!!

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  34. Wed., Apr. 23, 2008 3:51 PM    link Sam I. | Las Vegas, NV

  35. Wed., Apr. 23, 2008 4:18 PM    link William L. | Sherman Oaks, CA

    Where is my bailout? My wife and I were very responsible, saved up for 7 years, and overpaid for our home by $100k in Southern California. Now the price has dropped $100k in 1 year. Where is our bailout? Where is our rebate check? We were responsible people, yet Congress is going to reward irresponsible people with more money. That is not fair!!! We pay a ton of taxes and now Congress is telling us we're not going to see that bailout because we were responsible. What kind of country is this where the stupid are rewarded.

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  37. Wed., Apr. 23, 2008 7:10 PM    link Gary R. | Palm Harbor, FL

    Pls dont rob hard working tax payers like me to reward people who made bad financial decisions.

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  39. Wed., Apr. 23, 2008 9:58 PM    link Matthew B. | Banks, OR

    This bailout would be paid for by our children. Don't sell our children into bondage to pay for the mistakes of gamblers.

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  41. Wed., Apr. 23, 2008 10:39 PM    link Arlene J. | Kenosha, WI

  42. Thu., Apr. 24, 2008 12:31 AM    link Wayne C. | San Francisco, CA

  43. Thu., Apr. 24, 2008 12:59 AM    link Greg K. | Stevens Point, WI

    I have written my own personal letter to you, my representatives previously. Now I am joining and recruiting others. Please listen to us/me this time.

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  45. Thu., Apr. 24, 2008 8:19 AM    link rick w. | Peoria, AZ

  46. Thu., Apr. 24, 2008 8:50 AM    link Ida L. | Oak Ridge, TN

    We should stop rewarding the irresponsible people with the money from hard working taxpayers.

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  48. Thu., Apr. 24, 2008 8:54 AM    link Mark D. | Golden, CO

    I would like to know when it became a GOD GIVEN RIGHT to own a house...WHAT EVER happened to LIVING WITHIN YOUR MEANS, SAVING YOUR MONEY and THEN buying WHAT YOU CAN AFFORD, or CONTINUE RENTING. I should not have to subsidize those who SHOULD NEVER HAVE BOUGHT A HOUSE IN THE FIRST PLACE, and even worse, FLIPPERS and INVESTERS looking to make a fast buck!!
    LETS GET SOME COMMON SENSE AND FAIRNESS BACK TO GOVERNMENT!!!

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  50. Thu., Apr. 24, 2008 8:57 AM    link Sondra M. | Poughkeepsie, NY

  51. Thu., Apr. 24, 2008 11:36 AM    link Jimmy L. | TORRANCE, CA

    It's simply a bad idea for the government to intervene the housing market. The fundamental problem of the market is price inequilibrium. While a bailout may help some home owners along with lenders and flippers, it will not inject any buyers in the market to prop up the market. So it is not only unfair to other home owners and renters, it will prolong the recovery of the housing market and the whole economy.

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  53. Thu., Apr. 24, 2008 1:40 PM    link Pamela S. | Encino, CA

    NO bailouts for fiscally irresponsible people. If they incurred the debt they should pay off the debt. Don't punish those of us who waited, saved and are current with our financial obligations. WE should not have to take on the debt of those who wanted "instant gratification". Let the housing market fall (I am purchasing a home, so my values will drop also) and recover on it's own. DO NOT bail out people who made foolish, greedy investment decisions.

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  55. Thu., Apr. 24, 2008 2:43 PM    link Ray H. | Scottsdale, AZ

    I absolutely agree with the above. I will hold all elected officals responsible for their actions and how they choose to spend public funds. The bubble was unsustainable and we should not waste one cent trying to re-create it. Everyone must tighten their belt and focus spending priorities on what is most important, and that does not include purchasing over-priced realestate. Let the market work and make realestate more affordable for all Americans and tune out the special interests.

    Sincerely,
    Ray Hirsch
    A highly taxed taxpayer

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  57. Thu., Apr. 24, 2008 4:00 PM    link David W. | San Diego, CA

  58. Fri., Apr. 25, 2008 12:07 PM    link Fred and Josie H. | Port Townsend, WA

  59. Fri., Apr. 25, 2008 5:22 PM    link Tara M. | Los Angeles, CA

    I have been waiting to buy a house for 5 years and could not because the prices were so crazy and I refused to do an intetest only loan. If you do this bail out I will never afford a house and you are telling all the people who put common sense aside and bought way more then they could afford that it is ok to be stupid and that the goverment through my tax dollars will save them. I am watching the vote on this and will be voting or not voting for represnatives who do not continue this mess--Tara Murphy

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  61. Fri., Apr. 25, 2008 5:39 PM    link Steve F. | Alexandria, VA

    Where was the bailout when I had to declare bankruptcy in 2001 after the internet bubble burst? Why did the government, then make it harder to file for bankruptcy? Seems they are going back on their word by offering these bailouts to people who would have to foreclose?

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  63. Sun., Apr. 27, 2008 8:13 PM    link Michael G. | Durham, NC

    Individuals need to understand that there are consequences to risky behaviors. If we bail them out we are promoting reckless and unsound judgments in the future.

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  65. Sun., Apr. 27, 2008 11:19 PM    link Mark G. | Corona Del Mar, CA

  66. Mon., Apr. 28, 2008 9:52 AM    link Robert N. | New Milford, PA

    Brovo for our government for using our tax dollars to reward the flippers. Gee, im sorry the price of your home isn't increasing as you had planned. Its through your greed that honest people cannot afford the homes you were trying to jack up the price on. My IRA isn't doing very good, thanks in part to the housing mess! Is it possible some politicians are really interested in running this country or all of you just waiting to get on the lobbyist speed dial. There must be a reason politicians spent a Billion dollars to get ellected to a 200K job. Just waiting for the perks to kick in! Our political system is a cruel joke! Life is so much easier when you have no concience! Do not bail out all these bad loans please, unless you owe it to some lobbiest!

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  68. Mon., Apr. 28, 2008 10:01 AM    link Kristin K. | Austin, TX

    My tax dollars should not go to bankers and builders and home owners who were irresponsible.

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  70. Mon., Apr. 28, 2008 10:52 AM    link Valerie M. | Newburgh, NY

    As a person in the mortgage industry it's reprehensible to me for the American public to be asked or made to bail out all of the people and lenders who now find themselves in the exact same position they knew they would be in when they executed those promissory notes. Everyone involved in the home buying process from the borrower all the way thru to the lender knew the borrowers couldn't afford what they where getting themselves into, but they allowed for it to happen anyway. The public wouldn't have had such access to exotic mortgages if the lenders didn't make it so so so easy to get one. They lowered their standards to such disgustingly low levels, and now asking our government to look to the public to help them out. Why we didn't tell them to take such risk, we where not involved in that decision making process but now expected to be made to pay for it all. The problem is they didn't think, they only saw the dollar signs that the risk brought, so based upon that it's now up to the financially responsible person(s) such as myself to bail them all out I don't think so. As a country we should start teaching our children while in High School about financial responsiblity, how to budget, credit, mortgages, etc because that will get them further in life then Calculus. Our government has failed us yet again because just as everyone else saw what was happening so did our government officials, and it was brushed under the carpet and forgotten about until it couldn't be forgotten anymore. Whatever the government does to BandAid the situation is going to be just that a bandaid and we will be revisiting this again in the future. For once stay out of it and let it adjust itself because just as history has repeated itself in the lending arena it will again in the market righting itself if our government can just mind their own business for once.

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  72. Mon., Apr. 28, 2008 11:46 AM    link Leopold K. | Unionville, CT

    stop interfering into a free economy and stop wasting our money. Our country is bancrupt, the $ is worthless!!!!!

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  74. Mon., Apr. 28, 2008 12:49 PM    link Michael G. | San Francisco, CA

    Please folks;demonstrate to us that you have the interests of the responsible American taxpayer/homeowner first in mind rather than those of the bankers gone wild .
    Any attempt to institute price supports for real estate would be immoral as well as insane, that is unless it really is true that you are all bought and paid for by banking/wall street/corporate interests. In that case it would make perfect sense, sadly.

    Please do the right thing.

    Regards, Michael Gallagher

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  76. Mon., Apr. 28, 2008 2:24 PM    link David W. | Fitchburg, WI

  77. Mon., Apr. 28, 2008 3:38 PM    link Alfred W. | Pittsburgh, PA

    I'm a fiscally responsible individual who, rather than stretching to buy a house I couldn't afford, remained a renter and delayed my dream of homeownership. I just can't see the logic of bailing out the irresponsible builders and financial institutions, especially taking into consideration the profits they earned before the bubble burst.

    The unfairness and lack of any semblance of fiscal responsibility inherent in this plan just makes me sick.

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  79. Mon., Apr. 28, 2008 5:50 PM    link Albert L. | Irvine, CA

    Please let our free market correct itself. The more we support these bailouts for reckless and irresponsible borrowers and lenders, the longer the problem will persist. These bailouts are not only "taxing" on those who did not buy into the hype of the housing bubble, but hinder the market corrections needed to return housing prices to equilibrium.

    As responsible renters, my spouse and I have saved adequate reserves to put 20% down on the median priced home in my area and qualify for a loan by fully disclosing our income - but why should we buy into artificially inflated home prices? The rate of inflation has gone up significantly on food and energy, and now I must pay more for overpriced housing? Overinflated high home prices have also put undue upward pressure on rental prices. These days I'm finding that the dollar I make and save is losing ground to inflation, especially on housing, food and energy. Why don't we use our tax dollars to help recover our economy by focusing on combating inflation, the weaker dollar and soaring food & energy costs instead?

    There are have been arguments that these bailouts will help the economy by helping us avoid a recession, but I don't believe so. There it is again – the dreaded "R" word. Unfortunately, growth cannot persist forever just as housing prices cannot soar at unprecedented rates forever - and a recession or a period of stagnant growth is sometimes normal and healthy, letting the market correct itself. In fact, I believe these bailouts are not only unfair, but will actually hurt our economy and bring about stagnant growth or worse – negative growth. Again, please don't support the use of my tax dollars for any of these bailout programs.

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  81. Mon., Apr. 28, 2008 9:22 PM    link Alan S. | Elk Grove Village, IL

  82. Mon., Apr. 28, 2008 11:15 PM    link Mark K. | Orting, WA

    I'm completely against any government bailout of lenders or borrowers who recklessly made money during the heyday and now want the taxpayer to pay for their bad judgement. It's an outrage that our own Fed chairman wants to drop money from helicopters to help out reckless underwater homeowners build up their taxpayer funded equity. Utter insanity prevails these days.

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  84. Tue., Apr. 29, 2008 8:27 AM    link Cynthia S. | Neenah, WI

    Greedy people and businesses made this mess, let them get themselves out of it! I might as well not pay my 2k a month mortgage so I can get a free ride too! Our bank tried to push us into an ARM and I flat out said no. We all have choices and if you make the bad choice then YOU need to accept the consequences, that is life. My choice was to do a traditional loan at 6.35% vs the tempting 3.59% ARM regardless of what Mr. Banker tried to sell me as I knew better. I'm sick of paying taxes for others to get a free ride and I am middle class soon to be poor at this rate, GIVE US A BREAK!

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  86. Tue., Apr. 29, 2008 9:06 AM    link Steve H. | Farmington Hills, MI

    I have dealt with great pains over the years to build and rebuild my value (credit) after companies I have worked for have collapsed around me. I moved from an apartment which was all I could manage after being laid off for 18 months until I restored my credit enough that I could qualify for a home loan. Unfortunately, that coincided with the height of the real estate bubble. I am now paying for a home that has lost nearly 30% of the value I purchased it at. It would be financial prudent for me to walk away and let the bank have it. My morales will not let me do that. I consider myself an honorable man. I went with a 30 year fixed mortgage even though I was presented with "subprime" options just because they didn't "smell" right to me.

    I am a hard working individual who is playing by the rules and trying my best to survive the American Dream. Please, do not use my tax money to bail out the bad decision makers.

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  88. Tue., Apr. 29, 2008 9:12 AM    link Kathryn R. | Fort Lauderdale, FL

  89. Tue., Apr. 29, 2008 9:54 AM    link Daniel B. | Minneapolis, MN

    If you appreciate the whole purpose of the free economy, you should realize that this artificial prop will do little to alleviate the problem, merely prolonging the pain and spreading the disease to other responsible citizens. Let the economy purge this problem in the fastest manner possible, and spend your time making sure regulations are in place to prevent it in the future!

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  91. Tue., Apr. 29, 2008 11:23 AM    link Rebecca S. | Murrieta, CA

    I do not own a home of my own, mainly because I knew I did not have the money saved up to afford it on my own after my divorce. I was told by an unscrupulous lender that I "qualified" for a loan, but was wise enough to decline, because I knew I could not afford it. Why should I help people who were irresponsible and bought a house they could not really afford, when I myself do not own a home of my own?

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  93. Tue., Apr. 29, 2008 11:24 AM    link Rebecca S. | Murrieta, CA

    I do not own a home of my own, mainly because I knew I did not have the money saved up to afford it on my own after my divorce. I was told by an unscrupulous lender that I "qualified" for a loan, but was wise enough to decline, because I knew I could not afford it. Why should I help people who were irresponsible and bought a house they could not really afford, when I myself do not own a home of my own?

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  95. Tue., Apr. 29, 2008 2:21 PM    link Gregory L. | Dix Hills, NY

    I have waited to buy a house that I can afford. Why should I/We reward those people who didn't?

    I dont want to hear they were suckered into signing a loan they didnt understand. If they didn't understand what they signed, they should have consulted a lawyer BEFORE they signed probably the most important document in their life. Lazy irresponsible people DO NOT deserve to be bailed out.

    It is time that they were held responsible and accountable for their actions. They were all adults and entered into a legal BINDING contract.

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  97. Tue., Apr. 29, 2008 2:37 PM    link Daniel J. | Spring, TX

  98. Tue., Apr. 29, 2008 2:58 PM    link Jason & Heidi M. | Beaverton, OR

    With a country that is so deeply in debt, we must be more fiscally responsible than just handing out money to people that make bad decisions. Rewarding poor choices is no way to deal with a problem.

    Housing prices have become to far out of reach for the average middle class person because housing prices have been rising faster than salaries. This inequity needs to be corrected and it can only happen first facing some temporary suffering. You need to think of the long term, instead of the short term pain.

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  100. Tue., Apr. 29, 2008 3:54 PM    link Robert C. | Alameda, CA

    I got myself into some tax problems and asked for help in resolving them. All I have seen is the abuse of power from the people that I help to employ. When will you listen to the common man verses the lobbyists? or special interest groups? Stop allowing us to be raped on our gas prices.
    We are the greatest Nation on this Earth. Why are we being lied and laughed at?

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  102. Tue., Apr. 29, 2008 4:31 PM    link Kyle W. | Baltimore, MD

  103. Tue., Apr. 29, 2008 5:03 PM    link Don H. | Rancho Cucamonga, CA

    I oppose any type of bail out for the housing market. The borrowers who sold homes that they could afford to keep up with the Jones', the borrowers who kept refinancing and living off the "inflated" equity and the loan officers/brokers who "fluffed" income documentation do not need assistance from the American people who live within their means.

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  105. Tue., Apr. 29, 2008 5:03 PM    link John H. | Provo, UT

    I am waiting for prices to come down so I can afford to buy a home. Prices are artificially high and a bailout will just keep them there. The market needs to correct to reasonable prices.

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  107. Wed., Apr. 30, 2008 12:44 AM    link Laxmi S. | Chicago, IL

  108. Wed., Apr. 30, 2008 12:50 AM    link Laxmi S. | Chicago, IL

    I waited and rented instead of buying a home because I have always been taught to budget and spend accordingly and buy a house only when I know I can afford to pay for it. It would be a crime to punish me for being diligent whereas the bankers who lent money like water continue to get their wallets padded. Working in the debt industry, I know the pernicious effects of a financial industry gone beserk. I do not wish to subsidize the recklessness of those.

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  110. Wed., Apr. 30, 2008 1:03 AM    link Derrick and Heather G. | Houston, TX

    We have worked hard and saved our money and lived responsibly. I will not vote for any politician that is in favor of a bailout. A bailout is a waste of my hard earned money!

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  112. Wed., Apr. 30, 2008 8:08 AM    link Brian W. | Mill Creek, WA

    Just a personal note.

    My wife and I currently rent, and we are saving money for a down payment on a home. Both of us are happy to see the prices of homes declining because we simply could not afford the monthly mortgage payments otherwise.

    One of the things that has always bothered me about this "crisis" is the fact that it is called a crisis. It's as though all these honest, hard-working, responsible people are going to be kicked out of there homes and be forced to live on the streets. Or worse yet, those poor souls will be forced to rent!

    It is insulting that money will essentially be taken from my savings to help someone who paid half a million dollars for a house that was worth half that.

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  114. Wed., Apr. 30, 2008 12:00 PM    link Ryan R. | Harmony, PA

    I work hard to save my money and strongly oppose supporting the financially irresponsible and greedy investors. I will not support any candidate that supports ANY government program to alleviate this issue.

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  116. Wed., Apr. 30, 2008 4:12 PM    link margi g. | conifer, CO

  117. Thu., May. 1, 2008 9:35 PM    link Jimmie C. | Brandon, MS

    No bailout for the parties who created this mess. No tax payer funded monies should be spent this way.

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  119. Thu., May. 1, 2008 11:20 PM    link Stephen G. | Houston, TX

    This is insanity. Let the housing market collapse. I care not if an entire family is out on the streets as a result of losing their homes. The bottom line is that, IF you have children, and/or a family, you should be twice as careful. If you, or your spouse, wasn't, then you have no right to complain. That person is stupid, and BELONGS on the streets. DO NOT USE MY MONEY, TO BAIL OUT IRRESPONSIBLE PEOPLE.

  120. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  121. Sun., May. 4, 2008 9:38 AM    link Robert and Lori B. | Brentwood, TN

    Please don't reward greed on the part of the lenders and homebuilders and ignorance on the part of the buyers. For those of us buyers that did our homework and waited patiently to get into our homes until the time was right...until we had saved enough money, until the market conditions were right, until the interest rate was affordable.....you are now considering punishing us by using our tax dollars to reward those who didn't wait, who didn't save, and who didn't do their homework. You are also rewarding greedy homebuilders and lenders who took advantage of these buyers. It was a "perfect storm" when those conditions met one another. Don't make us liable for it.

  122. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  123. Mon., May. 5, 2008 12:16 PM    link Patrick M. | Nashua, NH

  124. Wed., May. 7, 2008 9:27 AM    link Marcy E. | Pasadena, CA

  125. Wed., May. 7, 2008 9:28 AM    link Marcy E. | Pasadena, CA

  126. Wed., May. 7, 2008 10:31 AM    link J A R. | Thomaston, GA

    Thank you for standing firm and vetoing this irresponsible legislation being considered in Congress.

  127. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  128. Wed., May. 7, 2008 10:31 AM    link J A R. | Thomaston, GA

    President Bush: Thank you for standing firm and vetoing this irresponsible legislation being considered in Congress.

  129. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  130. Wed., May. 7, 2008 10:32 AM    link Miyuki S. | Newport Coast, CA

    President Bush: Thank you for standing firm and vetoing this irresponsible legislation being considered in Congress.

  131. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  132. Wed., May. 7, 2008 10:34 AM    link Miyuki S. | Newport Coast, CA

    My husband and I could not afford a home for our family due to the excessively high price of homes in California relative to real incomes. Any irresponsible attempts to prevent housing prices from correcting back to affordable levels hurts young families such as ours that were responsible and did not buy homes that they could not afford. Please do not support a bailout of irresponsible home buyers.

  133. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  134. Wed., May. 7, 2008 11:53 AM    link J.R. C. | Fresno, CA

    I have been financially responsible and should not have to pay for the stupidity of irresponsible people who can not manage their money. We should not be rewarding this type of behavior, especially when the money comes out of the paycheck of people like me who not only are responsible with their money, but are thrilled to death that house prices are finally becoming more realistic again. The housing market needs to continue to deflate, otherwise, we will be pricing many first time home buyers and many others out of the market (unless of course they want to live in a shack in the ghetto which will still cost you about $200,000 or more in some parts of California, the state I live in). Let's bring responsibility back to America and quit rewarding reckless financial behavior.

  135. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  136. Thu., May. 8, 2008 9:52 AM    link Chris N. | Plover, WI

    If people are going to be rewarded for purchasing homes way over their means of living and now will be "rewarded", oops excuse me bailed out of a foreclosure then what about us responsible people who purchased within their means. Why shouldn't we be rewarded also? I'll tell you why, because it would only be fair to say the least. If some get help then all should get help and vice versa. Say no to the bailout!!!!!

  137. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  138. Thu., May. 8, 2008 12:17 PM    link Carey W. | New Boston, NH

    Let it be known that I completely agree with, and support the "stop the housing bailout" movement. I vote in every election, and will absolutely NOT support or vote for ANY of my congressional representatives in ANY future elections - who end up voting for the housing bailout.

    C. Wallace
    New Boston, NH

  139. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  140. Thu., May. 8, 2008 11:47 PM    link Christopher H. | Tempe, AZ

    This housing bill is crimminal!!! As an Independent Voter; I support President Bush 100%; the working class American is always getting screwed by the Corporate Elite and Welfare Recepient. This bill is an insult to all of the hardworking and responsible Americans left in this country.
    Vote NO!

    Sincerely,
    Christopher J. Hernan
    Tempe, Arizona

  141. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  142. Fri., May. 9, 2008 1:50 PM    link Praveen B. | Gaithersburg, MD

  143. Fri., May. 9, 2008 10:17 PM    link Eric W. | San Diego, CA

    Don't bail out irresponsible borrowers and lenders! I have been careful with my finances, pay my taxes, and am furious at the idea of my taxes going to bail out people who have been careless and irresponsible.

  144. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  145. Fri., May. 9, 2008 10:31 PM    link Gloria T. | San Diego, CA

    No bailout! As a responsible taxpayer, I don't want my tax dollars going to pay for someone else's recklessness! Unfortunately, they should pay the high price themselves and learn their lesson. It's unfair to responsible Americans! ABSOLUTELY NO BAILOUT!

  146. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  147. Sat., May. 10, 2008 1:54 AM    link Franz F. | Huntington Beach, CA

  148. Sun., May. 11, 2008 9:50 AM    link Steve H. | Los Angeles, CA

    Dear President Bush,
    Thank you so much for planning to veto the bailout bill.
    I really admire and respect you for standing up for the middle class.
    First time home buyers should get a chance to buy a reasonably priced home.

  149. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  150. Wed., May. 14, 2008 12:58 AM    link James M. | Simi Valley, CA

    Please dont punish us the renters who were not involved in the real estate scam.

    If you bail out the idiot speculators, then give me back my taxes.

  151. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  152. Wed., May. 14, 2008 1:06 AM    link James M. | Simi Valley, CA

    Please do not support the efforts to bail out mortgage holders and mortgage lenders with my tax dollars. As a responsible citizen, I do not believe it is right for you to ask me to pay for other peoples’ financial excesses, especially since a bailout encourages lenders to continue making predatory loans, with the assumption that taxpayers are on the hook. Further, we believe that the liability of the mortgage mess should NOT be shifted to GSE’s Freddie and Fannie.

    I appreciate the goal of helping people to have access to housing, but any proposed bailout will only reward lenders and borrowers who acted irresponsibly, and it will punish people who work hard and diligently manage their finances by not buying houses which they cannot afford.

    The housing market has begun a process of correction. This is necessary in order to keep housing affordable in the long-term. Let the market correct so we can achieve stability again, and people are able to save and afford the house of their dreams over time. That really is the true American Dream.

  153. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  154. Thu., May. 15, 2008 1:27 AM    link Chad A. | Ventura, CA

    Please stop using taxpayer money for people's greed and mistakes.

  155. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  156. Sat., May. 17, 2008 10:18 AM    link Brian G. | University City, MO

  157. Tue., May. 20, 2008 9:06 AM    link DONALD A. | MERLIN, OR

    While you're at it, why don't you reinstate the Glass-Steagall Act that was repealed under the Clinton administration thereby allowing for no oversight of sub-prime mortgages! Alan Greenspan had pushed for its repeal from the first day of his tenure as Fed chairman. This problem can be lain at his doorstep and has set up the dollar for its demise and the Amero as its replacement. The elite cabal of bankers knows what its doing as nothing in Washington happens by accident.

  158. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  159. Wed., May. 21, 2008 3:34 PM    link Geoff A. | San Diego, CA

    Bailing out home owners is nothing more than encouraging irresponsible people to be even more irresponsible, while punishing responsible people that might want to buy a house. I say punishing prospective home buyers because any bail out will interefere with what should be a big deflation of the housing bubble...... NO BAILOUTS!!!!!

  160. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  161. Thu., May. 22, 2008 5:12 PM    link Donna W. | Bonita, CA

  162. Sat., May. 24, 2008 12:20 PM    link Jerri R. | Champaign, IL

    This is especially distressing when I see people interviewed on nationally recognized programs such as 48 Hours, etc. state to the nation state that they took out a subprime mortgage on the home they WANTED, not the home they could afford. They knew going in that they would be struggling, probably fruitlessly, to keep up with their financial responsibilities. But they made a conscious decision to buy the bigger, better property rather than the smaller that would not have put their finances in the position of awaiting foreclosure.

    I'm a renter who has made the difficult decision to get a roommate. I make good money for my geographic area, but unfortunately rents are grossly over-inflated in a college town. To put it quite bluntly, I tired of working to keep the bills paid and want to have a little of my hard-earned cash to spend on what I want, not what is necessary.

  163. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  164. Thu., Jun. 5, 2008 3:02 PM    link Tudor A. | Lake Hiawatha, NJ

  165. Tue., Jun. 10, 2008 1:47 PM    link George Y. | Sunnyvale, CA

  166. Wed., Jun. 11, 2008 3:24 PM    link Warren E. | Rancho Cordova, CA

    My 401K has already taken a pounding because of people's irresponsible behavior. If those who spent beyond their means get bailed out it will force responsible citizens to pay for other's actions not once but twice. It seems that irresponsibility and unaccountability are becoming the "American" way. Please don't feed into this by telling people its OK to spend money they don't have. For the sake of all of America, it is time for them to own up to their own actions.

  167. This comment has been reported to the site manager. It will be reviewed and removed if inappropriate. Thank you!

  168. Sat., Jun. 14, 2008 3:50 PM    link Hillary C. | Menlo Park, CA

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