I posted this on my locale page, and thought it would be good to repost here.
The latest from the Barry Sotero road show has pushed me to action. I must do something; as I can’t take it anymore. The idea of the government subsidizing (even more) home mortgages of people who can’t do basic math, and helping the people who gave them loans is too much to take. It is time to start using the tools of the beast against itself. Let me float an idea to more knowledgeable FReepers and see where this goes.
The government has become discriminatory (or will if Barry gets the $50B he wants) against people who have paid their mortgages on time; penalizing them by making those, as taxpayers, pay not only their own mortgages, but other’s as well. Through this discrimination, it has denied these taxpayers certain fundamental rights; the right to own property (their hard earned money), the right for liberty (freedom to buy what they wish with their money), the right to pursue happiness (loss of security due to the financial burden imposed).
I propose the idea of a class action law suit against the US government, on behalf of non-delinquent mortgage holders for equal treatment under the law. If the US government is going to subsidize some mortgage holders, then they must subsidize all mortgage holders. Conversely, it must not subsidize any mortgage holders.
I am not naïve enough to think that this has a snowball’s chance of succeeding. In fact, I am pretty sure it would die an in glorious death at the hands of the bureaucrats. The point is to get the notion out there, and to get as many homeowners (read responsible taxpayers) upset about it as possible. Even those that are for the welfare state can find something good about it, as it appeals to their “I want pie” mentality; everybody gets something. The point is to foment discontent at the grassroots level, in order to affect change before, or by, 2010 and beyond.
Not being a litigious person (I like most lawyers even less than I like most doctors), I don’t know if this is even actionable. If it were, I wouldn’t even begin to know how to go about it. If there are any legal eagle FReepers out there that could weigh in, it would be appreciated.
I read on another forum where a poster suggested we bring a “bad faith” or “negligence” lawsuit against congress due to the fact that none of them actually read the stimulus package, thus “signing a contract” on our behalf without exercising due care of knowing what was in it....I wonder if there would be any merit in that, either?