Well, isn't that special. My tax dollars going to guarantee high risk loans. This really makes me furious. One of things that started turning me into a conservative in the first place was finding out about subsidized home loans for low income people. I was unable to afford a house on my income, yet I didn't qualify for one of the subsized loans. The little light inside my head started coming on. My tax dollars going to help others buy homes, when I couldn't quite manage it on my own.
My husband and I live in a very high-cost housing area. We have finally managed to put together enough dough (after living in tiny rentals and paying off student loans) to buy a nice house. We did it ourselves, while paying high taxes. Now the government wants to take more of our tax dollars to help minorities buy houses. Just gives me a warm and fuzzy feeling all over. I can hardly wait until the "Thank You" notes come flowing in my mailbox.
I got a pitch for money from the Republican Party not too long ago. They had a nice little survey with it. One of the questions was about helping minorities buy homes. I editorialized a bit on that, and other, questions and sent it back without a check. I haven't received any more solicitations for money since then.
Morning rant over.