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Last Tuesday, Robin Staudt, a FreedomWorks activist from Orange County, NC, appeared before the House Financial Services Committee to speak as a taxpayer who was paying their mortgage on time, despite the current economic downturn, and who opposed further bailouts or government meddling in the housing industry. Robin’s story was a compelling first hand account of someone doing the right thing and not asking for a handout.
Robin is currently laid off from her construction industry job, yet she and her husband continue to be in good standing because they had saved against such a day and have altered their lifestyle to reflect their income. Robin spoke to the very real problems facing many homeowners, but went on to say that programs like Hope for Homeowners were a waste of taxpayer funds and should be eliminated. Bailouts in whatever form encouraged bad business decisions and eliminated any accountability on the part of the homeowner.
Robin concluded that real help would come from cutting taxes and spending, and eliminating waste – leaving more money in taxpayer pockets and once again encouraging investment.
When asked by Rep. Alan Grayson (D-8th FL) whether “the government should bailout good banks or bad banks,” Robin used her time to explain that government should be concerned about the taxpayer, despite Chairman Rep. Barney Frank’s (D-4th MA) objections.
Robin's testimony can be read here.
A video of the proceedings can be viewed here. Robin's testimony begins at 3:04:53.