Republicans mouth-off at Presidents Housing Stimulus

As it has become plain, the Republicans (playing politics) are going to question any and every plan that Mr. Obama comes up with for any issue. After all their party spokesperson; Mr. Limbaugh thinks that nothing would be better than to see this administration fail. He said it on his radio show! The Republicans have been obstructionists for as long as I can remember. They are the boy in the school yard who runs away with the ball when he doesn't get his way.
Any plan that addresses the many issues we need addressed is going to meet with some disagreement. "...You can't make all the people happy all the time. But you can make some of the people happy some of the time..." is the saying. So now it's time to make the people who have been living on the edge, who had been duped into spending more then they had at the orders of our last president and Al Greenspan. Americans who took advantage of a loose market that was running rampant with greed and deceit at the behest of King George W should not have to take the fall. After all it was Mr. Greenspan who toured the country speaking to Bankers and financial strategists imploring them to come up with new and innovative ways to get more Americans into owning their own homes (home mortgages).
I believe that any plan to rescue these Americans (myself included) from foreclosure and bankruptcy will go along way to bringing stability to the overall economy and mortgage crisis. The plan should be devised with the American people in mind. Start at the bottom and you will see the money start to flow again. Keep everyone in their homes. The modification ability of Bankruptcy Judges is a great tool. Also thank those Americans who have been responsible and who are lucky enough to have kept their jobs and did not spend over their means and have stayed current on mortgage payments by offering them a one time tax break on their 2008 or 2009 returns. Or give them the opportunity to refinance their homes based on the current value of their home as the loan amount if it is lower then current loan amount. Don't worry the banks will still get their interest. Sure they will take the original hit but then their speculative, questionable practices are what got us where we are now! Also these loan modifications and refi's have got to be available to Americans who are in danger of being foreclosed on and facing bankruptcy due to being unemployed due to no fault of their own. Let those who modify the loans make them workable to those collecting unemployment insurance. In this way when they do find work they might breathe easier knowing that the mortgage is even less then the 31% of the household debt... Remember what insurance is supposed to do. Protect you when times are bad. Who more deserves protection then the American family who are the grease that keeps the wheel of progress spinning?
I would also make sure that the jobs that Mr. Obama creates for infrastructure repair and rebuilding should be recruited from our unemployment lines first. The monies going to training workers for the green future we all hope for should also take advantage of the unemployment registers.
Although I have to disagree with one thing the president’s plan addresses. Why is he making those Americans who purchased houses as an investment who are now facing foreclosure not eligible for any assistance? After all those banks who we have already assisted with the first bailout were really doing the same thing - investing in the housing market. They got burned but so did the real estate investor. This part of Mr. Obama's plan seems hypocritical. That’s all for now... I’m Just The Little Fat Guy with a lot to say.com

A new report has found that firms aided by the $700 billion Wall Street bailout spent more than $114 million on lobbying and political contributions for the 2008 election. The Center for Responsive Politics says the lobbying yielded a return of more than $295 billion through government spending and favorable legislation—a return of more than 250 percent.
Now that is what I call a return on investment! How can we think about competing for the ears of our representatives when we are up against these goliaths?
This is what must happen. Join Political Action groups. None in your area then let's form one. I am trying to get one off the ground; "The Peoples Lobby". Let's give the people (us) a voice!
Most (not all) representatives and senators are POLITICIANS! They have lost the EAR THAT HEARS. I called my Congressman (Mike McNulty) before the House vote on the first BAILOUT of Wall Street in September 2008. When the aid answered the phone and I expressed to him that I would like to make my views known, he simply said "...go ahead but he is already going to vote in favor of it...". If you might remember at the time all polls showed that the majority of Americans were opposed to it. The House of Representatives voted against it. CARL HULSE and DAVID M. HERSZENHORN in the September 29, 2008 New York Times story mentioned: Members of both parties, doing a quick political post-mortem, said those who voted no had encountered too much hostility for the bill among their constituents, and were worried that a vote in favor would be political suicide... My point is that the biggest contributors to McNulty over the years have been lobbyists for the Insurance, Finance and Real Estate sectors. So who did Mike McNulty place his vote for? His constituents or big business? See my point.
The Bill was tweaked, the Senate voted yeah (the Constitution actually states that all Bills must go through the House 1st. This was sidestepped) so the House followed suit. We, the people, didn't stand a chance.
Let's look at this from another point of view. The Senate Banking, Housing and Urban Affairs Committee - Sen. Christopher J. Dodd (D), Chairman. We can all remember how Senator Dodd implored us all to back this Bailout. Then look at this list of major contributors to the Senator from 2003 - 2008.

Contributor
Total
Citigroup Inc
$316,994
United Technologies
$265,400
SAC Capital Partners
$246,200
American International Group
$223,478
Royal Bank of Scotland
$218,000
St Paul Travelers Companies
$204,100
Bear Stearns
$201,000
Goldman Sachs
$180,200
Credit Suisse Group
$157,050
Morgan Stanley
$156,600
Merrill Lynch
$131,950
JPMorgan Chase & Co
$131,750
Lehman Brothers
$122,300
Hartford Financial Services
$114,850
KPMG LLP
$113,100
General Electric
$112,750
UBS AG
$110,800
Deloitte Touche Tohmatsu
$103,000
The Hartford
$94,550
Liberty Mutual Insurance
$85,850
Source: OpenSecrets.org

A nice peice of change for someone heading up a very powerful committee and who pushed hard for the Bailout! I'm sure some names on that list really pop out. Some Bailout recipients to be sure! How can we let this happen. But this is only one case. This is widespread and we the people just cannot compete with these amounts. We're to busy working and getting bilked by the companies on the list above.
For now in summation. Get Pissed off! Get involved! Get moving! Let's take back our country!