The Fed’s announcement of injecting $200billion into the markets yesterday is a direct bailout of bankers with your money. If you think that’s wrong, write to your congress representative!

For those of you who haven’t done so, I encourage you to join us and write to your representative. You can start here: https://forms.house.gov/wyr/welcome.shtml

Please record my request not to bail out banks and
mortgage holders. Doing so would be a punch in the face to
those of us who have lived in studio apartments, put off
having children, and suffered through offshoring and
massive H1 labor workers flooding our industry and driving
rates down. We have worked hard and saved and do not
deserve to be robbed in order to pay gamblers, scammers,
and idiots who made bank loans the bankers knew were
faulty and took out loans on homes they could not afford.
While these people lived in their McMansions, most
Americans have remained honest and hard-working and lived
in much more modest abodes. Rewarding these irresponsible
people is as simple as rewarding the grasshopper in the
parable of the ant and the grasshopper. Even more to
understand is the US Government cannot hold up the housing
prices. With an average AGI of about $55K, the US average
housing of $210K is not affordable. Either inflation has
to stop, pay has to jump, or housing has to drop. For
those of us who have worked hard and saved for almost two
decades, we have waited patiently for housing prices to
return from the stratosphere. As our representative,
please continue to work for the US Government to act
responsibly and not steal from the taxpayer to reward rich
bankers and irresponsible gamblers.

I do support programs like the Economic Stimulus package
you passed as I believe inflation is a much more fair tax
than income tax. I know personally people and companies
who have moved their accounts offshore as a way to avoid
paying income tax. One classic example is Accenture as
they are the prime contractor for the IRS and the
Department of Homeland Security! In fact, I believe income
tax evasion is the driving force behind illegal
immigration and income tax avoidance is the primary reason
for offshoring. Fair, across-the-board inflation measures
like the Economic Stimulus package reward all Americans
and are much better than handout/bailout packages targeted
at select companies or individuals. Inflation packages do levy
an additional tax on anyone with savings but are better than
income tax which rewards offshore companies and far better
than stealing from taxpayers and rewarding irresponsible and
often knowingly fraudulent people.

In summary, I request you vote Nay on any programs to
reward rich bankers or gamblers who took out mortgages
they could not afford.