All we hear these days is whining from reckless home borrowers and their banks.
But did you know that renters are 32 percent of American households? And that homes in foreclosure are less than 2 percent?
So why is Congress rushing to bailout high-flying borrowers and their lenders with our tax dollars?
Unfortunately, renters aren't as good at politics as the small minority of homeowners (and their bankers) who are in trouble. We don't have lobbyists in Washington, DC. We don't get a tax deduction for our rent and we don't get sweetheart government loans.
Quite simply, we are just Angry Renters. And now it is our time to be heard: no government bailouts!
When the going gets weird, the weird turn pro. - Hunter S. Thompson
21 April 2008
The superficially-seeming grassroots AngryRenter.com is actually an Astroturfing project sponsored by FreedomWorks. (Of course, I'm fine with that, but we try to practice transparency here.)