March 28, 2008
The Facts
In her economic speech last Monday, Hillary Clinton said she wanted to spend $30 billion to bail out homeowners who are loosing their homes due to the mortgage crises. Her comment was “If the Fed can extend $30 billion to help Bear Stearns address their financial crisis, the federal government should provide at least that much emergency to help families and communities address theirs”.
My View
Alright, so I don’t support doing this, but I darn sure didn’t support bailing out the mortgage houses and banks either. We don’t have the money to do neither. But none of that is my point here; my point is the deafening quite we are hearing from those who were in favor of bailing out the mortgage houses and banks. They are completely mum on Clinton’s comments. I wonder why?
Filed under: Democrats, Presidential Campaign
