Here We Go Again
Here We Go Again
To the Editor:
They say the definition of insanity is doing the same thing over and over again â guess what? Fannie Mae is at it again; creeping back into the housing market giving mortgages with no down payment.
I refer to The New York Times, 09/05/10 âNew Program for Buyers, With No Money Down.â Here we go again; in the real world when our fingers (whole body) gets burned from touching the stove we learn not to touch it; but government just does not understand the real world. Why?
Please show me where it says owing a home is a right? Where does it say that? And while you are at it â why is now my responsibility to pay for this mortgage when there is a default? I give up â it was bad enough when Barney Frank and Chris Dodd started this â it failed; so we try again?
Citizens revolt â vote the bums out and stop the insanity.
John Karlson
167 Great Quarter Road, Sandy Hook               September 7, 2010