Saturday, September 20, 2008

Forgotten facts

Tom Feeney (R-Fl) reminds us that the housing crisis is finite because the vast majority of homeowners have been responsible and prudent. Unfortunately, the forgotten majority will now be bailing out the distressed minority:

"I come today to speak on behalf of the forgotten man, and that includes some 50% of Americans that either own their home, or are renting . . . the 95% of homeowners that are making their payments on time . . . the 99% of Americans that did not behave irresponsibly . . . that ultimately will pay the price for this bill."

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