InvestorsHub Logo

CPTMatt

03/18/09 10:01 AM

#23473 RE: john302 #23467

So what's the argument? That we don't provide enough in terms of social programs to the poor? That's a bunch of bullshit.

We have had the lowest unemployment for decades. We have homeless shelters and what the government doesn't do the slack is taken up by the fact that we are the most philanthropic country in the world.

Let me ask you, the next Sunday morning after you wrote the check to the Gov't for the extra 2% of your income they decided to tax are you going to put as much into the donation tray?

There will always be poor. There will always be homeless. Why people believe that more social programs and entitlement programs is the answer to our problems is beyond me. The majority of these people, as nasty as it sounds, contribute minimally to our economy except as consumers. Homelessness is mostly a choice of lifestyle for those that are mentally competent enough to decide anything.

The government and bleeding hearts did a big part in creating this mess by forcing the banks to make NINJA/subprime loans requiring no assets, income, etc of the lendee's. Now the same politicians are crucifying the banks for the subprime lending that they forced to do that lending a decade ago! All because "oh we can't have these poor people only living in apartments. They need to be homeowners!". Bullshit.