Angry Renter
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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!

NEW: No Wall Street Bailout.com Petition

Graph of U.S. Homeownership

Sign the Petition to Congress (62,000 signatures so far!)

Five most recent signers. View all signers and comments
Name Location Date Optional Comments
Kelly A.Denver, COJanuary 5, 2009 x
Madikeri2001 N.Middletown, NJJanuary 4, 2009 Let the free market decide. The real estate boom was a fraud encouraged knowingly by Bank, Realtors, Banks, Brokers, and related sharks in the chain. The buyer is also responsible as they all believed this hype of "home prices can only go higher!!!". A person who cannot afford to pay rent was buying home. The goverment is responsible to make its citizens understand their responsibility. Please do not encourage gabling by citizens, by bailing them out. If the government wants to help those in distress, please provide them monitory assistance to rent an apartment.
Frugal S.Beverly Hills, CAJanuary 4, 2009 Another bailout in the offing - Folks who invested with Madoff and will soon look to taxpayers to bail them out. Groan - when will this end ? With so many people (including the government) needing our money to support the ongoing and upcoming bailouts, savers like us should be earning interest at high rates when we lend them our money. Instead, the Fed keeps lowering interest rates so they can borrow from us at cheap rates, and screws us all over again.
Anthony T.Alameda, CAJanuary 2, 2009 x
Charlotte S.Austin, TXJanuary 2, 2009 x
Jerolyn D.Novato, CAJanuary 2, 2009 x
Timothy M.Santa Barbara, CAJanuary 2, 2009 I've been saving every penny since I got out of grad school in 1996. I rent a modest place that I can easily afford. By 2000, I could have made a down payment on a piece of land or a home...barely, but while I continued to save to minimize the size of my potential mortgage, prices shot up at a higher rate than the $40K/yr. I was saving. 4 out of 5 of my neighbors' homes sold at least once since then. One turned over 3 times. Each sale netted the seller an easy $75,000-$150,000 profit. I studied economics as an undergrad, but one doesn't need a formal education to see that there is no inherent value in real estate that warrants increases in price like we've seen in the last 8 years. I have waited and predicted a fall, like Noah predicting a flood in the desert. Or so my friends and family thought. Actually, it was more like someone predicting that you couldn't stack a pile of dimes higher than your head before it fell. Now, with the national economy in the ruins of 8 years of spending more and taxing less (is there a parallel here?), people are suggesting that I should do something to prop up falling home prices! That, my friends, is truly a jaw dropper. Yes the cookie jar is empty, but my hand has never been in it.

We are millions of renters standing up for our rights!

Flipper Bailout

Congress is getting ready to pass a multi-billion dollar bailout of homeowners and their banks.

That's right, Congress is going to use your tax dollars to bail out big banks and keep housing prices too high!

A Renter's Perspective

What the heck?!? Congress is passing welfare for Wall Street.

Wall Street Wants Welfare

It seems like America's renters may NEVER be able to afford a home. We are the class that has been ignored in this debate.  Washington should not make us pay more in taxes to subsidize reckless borrowers and lenders.

Now, however, our voice will be heard! We are trying to get as many signatures as possible on our petition to Congress. Please sign the petition and tell your friends to sign as well!

Housing bubble

So you bought an overpriced house or cashed out your home equity like an ATM? Here's an idea: take responsibility for your actions!

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