The Democrats' Witch-Hunt Against Conservatives Just Ramped Up
The First Black Swan
John Fetterman Has Another Encounter With Pro-Palestinian Protesters
Some of the Reactions to O.J. Simpson's Death Were Wild
Hamas Just Made a Major Announcement...And the Media Is Nowhere to be Found
OJ's Death Permits Racism
What it Takes to be a Good Black Politician or Pundit
The Importance of US-Iraq Relations
Crippling Cyberattack Brings U.S. HealthCare System to a Halt
Trans Activists On The Wrong Side of History
The America First Approach Offers HOPE, Support for Women and Children
The Empire Strikes Again – in Ethiopia
The Threat of Modern School Counselors in Public School
Trump Snaps At Hostile Reporter Who Questioned His Abortion Stance
Dem Denver Mayor: 'We Want to Be a Welcoming City' for Illegal Immigrants

Here's a Blank Check; Please Act Responsibly

Here is the video of my appearance on Fox Business this morning discussing the fall-out sure to come if the Senate passes and the President does not veto H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008.

I was extremely disappointed that the House passed the housing bail-out bill. This legislation misses the mark and does nothing to address the foreclosure problems our nation is currently facing. Instead of making it easier for America’s hard working taxpayers to make their monthly mortgage, this bill forces them to pay more to fund a misguided, massive housing program.

At a time when so many families are struggling to pay skyrocketing food and gas costs, the last thing they need is another bill from Washington.

While rewarding irresponsible lenders and borrowers, and propping up the overextended, financially unstable Fannie Mae and Freddie Mac, it does absolutely nothing to ensure that we don’t get into this situation again sometime down the road.

Washington should be concerned about helping families that can’t pay their mortgages, but increasing government and taxes doesn’t help them – it hurts them. Congress should truly consider the consequences of this action before it makes matters worse.

Join the conversation as a VIP Member


Trending on Townhall Videos