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Here We Go Again

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Here We Go Again

To the Editor:

They say the definition of insanity is doing the same thing over and over again — 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 “New Program for Buyers, With No Money Down.” 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 — why is now my responsibility to pay for this mortgage when there is a default? I give up — it was bad enough when Barney Frank and Chris Dodd started this — it failed; so we try again?

Citizens revolt — vote the bums out and stop the insanity.

John Karlson

167 Great Quarter Road, Sandy Hook                September 7, 2010

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