Loan Think

What We're Hearing

Published March 03, 2009, 7:00 a.m. EST

1 Min Read

Republicans in Tennessee are none-too-thrilled with the idea of using taxpayer money to bailout delinquent (deadbeat) mortgage customers. The state's GOP is peddling 'Honk If you're paying my mortgage" bumper stickers for $5 a pop or $12 for three. Its website boasts: "Show Your Opposition to the Out-Of-Control Bailout Congress." The Obama White House wants to use $75 billion in taxpayer money to help certain homeowners avoid foreclosure, which doesn't sit well with Tennessee's GOP which is showing how the south, Sir, can still be fiscally conservative. Of course, during the George W. Bush era Republicans in Congress basically rolled over and said, "Thank you Sir. May I have another?" when approving the gargantuan budget deficits of the Bush years, including the current (estimated) $1.75 trillion hole the nation is in for this fiscal year which ends September 30â¦

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