Saturday, February 28, 2009

Some whine with your tea?

But through all of it, some of us persevered. We made the hard economic choices. We fought off eviction by keeping Linda Mustaine juiced up with mai tais at Applebee's happy hour. We sheltered our dirtbike assets in Kyle's shed, under a tarp, to stave off the repo men. We spent countless hours applying for the credit cards that would see us through. We made the wise economic decision to stop paying our stupid mortgages -- because we calculated that when the rainy day came, Washington would come to its senses and clear up the tab.

I wish I could take credit for it, but it took the collective effort of hundreds of thousands of us in the subprime community, working with the financial industry and public sector officials. Unfortunately, there is another group out there who is working to kill important financial bailout reforms just as they are sparking a renaissance in the American housing market. I'm speaking, of course, of the so-called "Tea Party" tax protesters.

More here from Iowahawk.

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