First, “Hillarycare” and now “Hillestate”? What’s next?

 

H/T to Michelle Malkin.

Michelle outlines Hillary’s newest way to redistribute America’s wealth in her dream socialist country.  First, we got “Hillarycare“, with her socialized healthcare program that the other Dems are now tauting as a foundation of their campaign platforms.

Now, she is pledging $1,000,000,000 here and $1,000,000,000 there to underwrite people who are over-extending themselves in the realestate market.  What do we call this one – “Hillestate“? 

Now, folks, that is a lot of zeros.  And, for yours and my tax dollars to underwrite people that aren’t smart enough not to over-extend themselves in the housing market is ludicrous.  Fannie and Freddie have no business being in existence anyhow.  It is just another corrupt beauracracy that eats up our tax money and show nothing for it, except the need to funnel in more money.

You can check out Hillary’s “four-point plan” for yourself.   You can check her out on CNBC pressing her agenda.

Michelle brings us the roundup from some money savvy folks who see the obvious pitfalls with this type of endeavor.

Why not click on over to Hillary’s campaign blog and give her a story of how you chose to live within your means and bought property you could afford.  Apologize to her up front that you cannot give her some sob story, because you were too busy being responsible and not expecting Fannie, Freddie or the like to bail you out.

Can we file this one under “stupid with a huge price tage to the American people”?

Others posting on this topic:  American Pundit / Matt Carrothers / Jonathan Hoenig / SocalMtgGuy /

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2 Responses to “First, “Hillarycare” and now “Hillestate”? What’s next?”

  1. Is Hillary’s cleavage really news? « Volunteer Opinion Journal Says:

    […] Let’s get back to real news.  Let’s hear about Hillary’s socialist healthcare or her more recent venture for billions of dollars to have the government bail out homeowners who over-extend themselves with a socialist housing plan. […]

  2. Joe Baker Says:

    What an AWESOME idea!! I just posted the following on HC’s sob-story site:

    After years of living in a rent house while we save and prepare to buy a home we can afford, I now face the prospect of being unable to do so.

    This is not due to “predatory lenders” or “unscrupulous brokers”, but rather to high taxes, which will bail out those who made rash and foolish home purchases at the expense of those of us who have been responsible and lived within our means.

    Also, bailing out those who bought homes they can’t afford will prevent market forces of supply and demand from adjusting prices downward from their current artificially inflated highs.

    Please consider representing the responsible people of this country, not just the irresponsible ones. I urge you to work for policies that will encourage responsible behavior, rather than relieving people from the consequences of their own bad acts.

    As a politician, you surely can appreciate that there are, by the most outlandish estimates, 3 million people who stand to be “helped” by plans such as yours; consider how many taxpayers and fiscally responsible folks like me will be hurt. There are a lot more taxpayers than there are deadbeat borrowers.

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