It fits right in with their ridiculous socialist philosophy: take money from the responsible to give to the irresponsible. It goes along with expanded social welfare programs (take from the hard-working taxpayers and give to those too lazy to get a job). They think that everyone should own a house, even if they can’t afford it. Well, if they can’t afford to own a house, let them rent! I rented for 20 years before I could afford to buy a house. But they don’t see it that way. They want everyone to be “equal.”

As a new homeowner, I purchased a house I could afford, took a fixed-rate mortgage, and make my payments on time. Now I’m being told that I need to shell out more of my hard-earned money to bail out those who bought more house than they could afford and can’t make the payments, and those who didn’t realize that a adjustable rate mortgage was going to adjust UP at some point. The liberals think that this is my “Patriotic duty” and that I should help those more foolish than myself. They want to “spread the wealth” to those who made poor choices.