Not a conservative plan.
Conservatives have been saying the gov't has no place bailing out people who signed mortgages they new they couldn't afford or bailing out banks that made piss-poor business decisions to give loans to people they knew couldn't afford them.
Yet, I seem to remember some nitwit on TV recently claiming how anyone who didn't want the gov't to help the people who made bad borrowing decisions--and by silent extension: the banks that loaned them the money--were heartless bastards.
What was his name again?
Obama wants to help people who were sold predatory loans. Do you realize what is happening to the economy? People are foreclosing, the banks are going bankrupt and the Government just took over Freddy and Fanny. That means WE ARE BAILING OUT THE WHOLE LOT OF THEM!!!!
What don't you get about that? So if the government steps in and says, "hey home owner, your interest rate is now 2%. Enjoy".
EVEN IF THEY GIVE THEM A 2% MORTGAGE, YOU ARE BETTER OFF THAN HAVING THAT PERSON FORECLOSE, AND THEN THE BANK GOES BELLY UP WHILE THE CEO'S MAKE $20 MILLION A YEAR AND THEN ULTIMATELY THE FEDERAL RESERVE MAKES THE DECISION TO BAIL OUT THE BANKERS AND JUST THROW IT ON THE NATIONAL DEBT, WHICH YOU OWN.
Oh my god, you are drinking the GOP coolaid, huh? Free markets my ass. Stop being such a gullable evil bully selfish greedy conservative. Your party is tearing apart the god damn country and you are defending it with campaign slogans. Boy, you sure fooled the masses into voting for McCain, congrats, now the country is going to hell. And it might be your job in the next 4 years. Not everyone lost their jobs all at once. If that happened, we'd be a little bit more compassionate and understanding.
But no, you think your job is safe. Trust me, with the GOP in charge, it is not. We can find mexicans or chinese or indians that will do your job much cheeper. And since government is all about maximizing corporate profits, you understand, right? We can get someone to do your job for less too.
If your job is immune to outsourcing or illegal workers taking it, lucky you. Are you sure it's impossible? What do you do?