From: HD
To: Conservatives and Libertarians at MS
Subject: Why are we bailing these people out?$300 Billion Foreclosure Rescue Plan Passes Senate Test VoteSo why do the rest of us have to bail out people who were dumb enough to buy a home they could never afford on some 5 year ARM or interest only loan? The way I see it is they get to sit in a home for 3 to 5 years with low rent and then walk away with a foreclosure. Bank gets the home back and they go rent an apartment which they should be renting in the first place.
From: VS
To buy votes.
From: HD
I heard this description of progressive liberals once which I think is pretty good:
Imagine 5 college kids go on a road trip, 4 poor ones and one rich kid. They all decide to pool their money and all decide to vote on what they will do. So the 4 poor kids put in a nickel, a quarter, a dollar and a quarter all saying they aren't being greedy, and emptying their pockets. The rich kid puts in $100 after emptying his pockets.
- How much you want to bet they all do what the poor kids want to do?
- How much you want to bet the rich kid pays the lion's share for it?
—L. Neil Smith