This is for all of you who have followed my SuckItUp subprime blogging the past eight months and wondered “What can I do?” There’s now a new site dedicated to the anti-bailout movement. Check out AngryRenter.com and sign the petition. It’s about time!
All we hear these days is whining from reckless home borrowers and their banks.
But did you know that renters are 32 percent of American households? And that homes in foreclosure are less than 2 percent?
So why is Congress rushing to bailout high-flying borrowers and their lenders with our tax dollars?
Unfortunately, renters aren’t as good at politics as the small minority of homeowners (and their bankers) who are in trouble. We don’t have lobbyists in Washington, DC. We don’t get a tax deduction for our rent and we don’t get sweetheart government loans.
Quite simply, we are just Angry Renters. And now it is our time to be heard: no government bailouts!
Here’s their vid: