News Alert
from The Wall Street Journal
President Obama will announce plans to provide an additional $1.5 billion to a state-assistance program for homeowners worst-hit by the downturn in U.S. housing values.
The program, which Obama will announce in Las Vegas, is for states where the average home value for all homeowners in the state has dropped more than 20% from its value at the height of the housing bubble. About a half-dozen states qualify, including Nevada, Florida, California and Michigan
Aren't you happy that your tax dollars will be going to help people who made poor choices. You and I will be penalized for the good choices we made. Those who made poor choices will be rewarded. If that sounds upside down to you, then don't vote for Democrats. They evidently don't understand basic economics.
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