Why pay your mortgage?



Obama’s housing plan will reward people who lived beyond their means and took excessive debt. Why should you be a sucker and continue to pay your mortgage when the government will come to the rescue? The government rewards scam artists, deadbeats and parasites and it punishes the people who produce. If that is the case, why should we produce?

I called GMAC and asked them if they would reduce the principal on my mortgage. I figured if they can loot my tax money via TARP, they can reduce my mortgage.

Below is the famous Rick Santelli rant about the situation:

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