Obama is Stealing your Tax Money

Well, it is happening. Today is May 12th, 2010, and I see the United Statues Federal Government is launching it's plans to take tax money from the middle class and award it to other citizens. The FHA will use $50 Billion tax dollars to pay off mortgages of people who paid more than their house is worth. The greedy people who paid any price to get their big impressive house - you and I get to help pay for their mansion.

I live in an apartment. I could afford a house, but I refuse to pay the outrageous high prices. Any idiot can see that speculation and greed have driven house prices far above the cost-based value of a house and it's land. But now I am forced into the game, because the United States Government is forcibly taking my money and buying someone else a house with it.

See http://realestate.aol.com/article/refinance/_a/refinancing-for-underwater-homeowners-new-hud-program-pitches-in/201005120001?icid=mainhp-desktopdl4link1http%3A%2F%2Frealestate.aol.com%2Farticle%2Frefinance%2F_a%2Frefinancing-for-underwater-homeowners-new-hud-program-pitches-in%2F201005120001

Of course, doing this props up the artificially high house prices, so at the same time as they are taking my money away, the Federal Government is helping keep house prices inflated. I will probably never be able to buy my own home because of this blatant scam. How many votes are you trying to buy, Obama, because you are going to lose far more.

I am a Software Architect. I can earn a fair middle class salary, and I can bring alot of productivity and benefit to the economy. But where is my incentive to work, if the government is going to steal my earnings and give them to wreckless, greedy over-spenders?

Bottom line - THIS IS TAXATION WITHOUT REPRESENTATION. Any house that is paid down becomes public property, and any of us tax payers has the right to use the house as an overnight hotel, or to lounge next to the pool and grill some steaks. If we do not have the right to use the property that our taxes pay for, then it is T A X A T I O N W I T H O U T R E P R E S E N T A T I O N !!!

$50 Billion dollars, divided into 50 million taxpayers, means each of us will see $1,000 taken away - stolen from us - and given to someone who has a nice big house. This is an outrage.

Obama should be impeached for this.