How to Pay Off Your Mortgage

on Tuesday, February 10, 2009

If the spending bill atrocity wasn't enough to handle already, here's an added kick to the groin:

The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
"Hmm, let's see, we here in Washington could go with option A and use the money to pay off 90% of all home mortgages in the entire country (which was the cause of this whole crisis to begin with) thereby injecting tons of disposable income into the economy... Or we could go with option B and spend the money on things like, oh I don't know, $100 million for reducing the hazards of lead-based paint. Or $696 million for constructing and buying furniture for the new Department of Homeland Security headquarters. Or $400 million on STD research and prevention - a disease that's already 100% preventable! (while adding no money for cancer or heart disease research, mind you). Hey, and while we're at it, let's ask President Obama for $2 million for some new neon signs for the Vegas strip, $4.5 million for a butterfly park, and $1 million for a new frisbee golf course.

Yea, we think we're gonna go with option B. After all, lead-based paint research is sure to save the economy."

Advertisement: This month's mortgage payment brought to you by the United States Congress


tnehren said...

Here's the other thing from the Bloomberg article that stings you:

"The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world."

$1500 for every person in the ENTIRE FREAKING WORLD!!! Excuse me while I go search for the closest member of congress and punch them in the face.