Today's Illinois Review has an excellent analysis of the current financial "crisis" and cuts through the lies you'll hear from the Democrats. Read the article which is linked to the title of this posting.
As someone who actually pays their mortgage each month (as you probably do) I found this part particularly intersting:
The Democrats wanted the rules twisted so that people who shouldn't be able to afford a house, got a loan anyway, and now they want us to pay the mortgage too. Nope, they didn't care if they wrecked the economy, and now Congressional Democrats want to reward the people who helped wrecked the economy by getting loans they couldn't afford by way of just paying their mortgage for them.
I still want to know just why those of us who are following the rules, paying our bills and working hard to save a few bucks for our retirements should bail out those people who bought houses they couldn't afford. And that's exactly what was written by Matt Gauntt in this article:
I understand that most people were sincere and many have fallen on bad times not due to their own fault. But, many have gotten into this problem by way of their own neglect and people that pay their own mortgages faithfully every month are going to have to foot the bill.
