Wednesday, March 04, 2009

10 reasons to oppose the housing bailout

The top ten reasons to oppose President Obama's $275 billion housing bailout:
  1. The Bailout Encourages Bad Behavior
  2. It Rewards the Wrong People
  3. It Will Further Nationalize our Housing Market
  4. It is a Futile Effort to Re-inflate the Housing Bubble, which Failed Miserably in Japan
  5. The Bailout Keeps People in Homes They Cannot Afford
  6. The Bailout Steals Billions from Hard Working Americans
  7. Policy Like this Caused the Crisis
  8. We Cannot Afford it
  9. It Distorts the Market Economy
  10. The Plan Creates Uncertainty in the Marketplace