So basically… this is what Obama is saying. If this bill passes… all 50 million people in this country should stop paying their mortgage. Shouldn’t we be encouraging responsible behavior? Obama’s plan is a disgrace to this country. Obama’s plan is an absolute spit in the face of the Joe the Plumbers out there. Obama’s plan says that if you don’t work hard to get ahead… you will get rewarded. If you do work hard… you’ll give the government all your money so Obama can give it to those who chose to sit on their butt watching TV and eating potato chips all day long.

Here is the constitution:

The judicial Power of the United States, shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish. The Judges, both of the supreme and inferior Courts, shall hold their Offices during good Behaviour, and shall, at stated Times, receive for their Services, a Compensation, which shall not be diminished during their Continuance in Office.

Section 2

Clause 1:

The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties made, or which shall be made, under their Authority;--to all Cases affecting Ambassadors, other public Ministers and Consuls;--to all Cases of admiralty and maritime Jurisdiction;--to Controversies to which the United States shall be a Party;--to Controversies between two or more States;--between a State and Citizens of another State;11--between Citizens of different States,--between Citizens of the same State claiming Lands under Grants of different States, and between a State, or the Citizens thereof, and foreign States, Citizens or Subjects.11

Clause 2:

In all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party, the supreme Court shall have original Jurisdiction. In all the other Cases before mentioned, the supreme Court shall have appellate Jurisdiction, both as to Law and Fact, with such Exceptions, and under such Regulations as the Congress shall make.

Clause 3:

The Trial of all Crimes, except in Cases of Impeachment, shall be by Jury; and such Trial shall be held in the State where the said Crimes shall have been committed; but when not committed within any State, the Trial shall be at such Place or Places as the Congress may by Law have directed.

Section 3

Clause 1:

Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court. Clause 2: The Congress shall have Power to declare the Punishment of Treason, but no Attainder of Treason shall work Corruption of Blood, or Forfeiture except during the Life of the Person attainted

The long term of this will be as follows. The problem with our housing market was that it was overinflated. The prices have been coming down to earth the last several months. The market is searching for an equilibrium point on housing prices. Messing with that process will cause a lot of problems. This plan will have several negative effects from various sources.

Increase in demand in the short term:
1) It doesn’t take a genius to see that if you increase demand, the prices go up. You will see the home prices become overinflated once again.

Decrease in demand at the end of the year:
1) All this is doing is moving the housing crash to next year. Once the housing incentive is gone, the demand will drop like a rock. Just as they did this year, the housing prices will come back down to earth. Rinse, repeat anyone?

Obama claimed to understand the concept that a short term reduction in costs is a bad thing when he stood up against Hillary’s gas tax vacation. This proved to be a false understanding, since he is proposing a similar temporary cost reduction in a different market. If he wants to move part of the recession to 2010… that only means it will help him lose seats in Congress.

More like "BUSH!" and "Deja vu all over again!"

George Bush helped to send us into a deeper recession by teaming up with his liberal buddies in congress and passing "stimulus packages" and "bailouts." He also allowed the mandates on banks from previous presidents to force banks to give out loans to people that shouldn't get them under the veil of "discrimination." They have clearly made things worse. C'mon Obama... I thought you were going to get away from the fail policies of the Bush administration. I see you passing more stimulus and more bailouts. I vote that Obama reads his history books. He is repeating the mistakes of George Bush. He is also repeating the mistakes of Japan in their lost decade.

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

How would the “Fairness Doctrine” not violate that part of the constitution? You cannot restrict free speech in this country. It is guaranteed by our constitution. If Barack Obama tries to push this as his operatives are implying that he will… there will be an outrage. If it passes… radio stations will go bankrupt. They have tried introducing liberal talk radio shows… but they have all failed. They do not make as much advertising revenue as conservative shows. Radio stations are already going bankrupt around the country. Clear channel has laid off thousands of employees. Why would in institute a constitution violating law that would make it worse for them?

Barack Obama and his socialist comrades in congress are endangering everything that this country was founded on. They are bringing about fear. They already used that fear to pass an 800 billion dollar “Stimulus Package” that really is just a power grab designed to give money to all of the liberal special interest groups. They are also taking steps to make the people dependent on them by expanding government welfare. Obama and his socialist comrades are expanding the government workforce to try and secure their majority. Now that they have flooded their supporters with tons of money... they are trying to suppress all critics by getting rid of freedom of speech even though it is guaranteed in our constitution. This sounds a lot more like the USSR than the United States of America. If we continue down this path, we will no longer be the USA… we will be the USSA.

Update:
Obama felt the political pressure and backed off this issue for now. We must watch for this issue to resurface.

I can get frustrated when things don't go my way. This is over the line. Whether I agree with this or not.. you don't pass an 800 billion dollar bill without reading it! You don't pass any bill without reading it! Are you telling me that in a 1000+ page document... there aren't any surprises?

The dems passed a bill saying that there must be a 48 hour wait period... they are breaking their own law... This is disgusting and a disgrace to this great nation.

Here is her article:

Check out this inquiry Rep. Tom Price made on the House floor today. He's basically complaining no one has had time to read the stimulus bill and questioning procedure since members ARE, at least in theory, supposed to read legislation before voting on it.

PRICE: “It is my understanding then it is the ruling of the chair, the ruling of the speaker after having this bill made available to the members of the House after 11 or 12 o’clock last night, over 1,000 pages, it’s the ruling of the Speaker this is to have been considered read even though it is physically impossible for any member to have read this?"

CHAIR:“That is correct.”

“No, I don’t think anyone will have the chance to [read the entire bill],” Lautenberg told CNSNews.com.

We are talking about 800 billion dollars. According to Obama... this could make or break this country. This is one of the biggest bills in the history of the country and the congressmen don't get a chance to read it!? This is an absolute outrage. Change? You bet. Now we don't even have to read bills before voting on them.

We're receiving E-mails from Capitol Hill staffers expressing frustration that they can't get a copy of the stimulus bill agreed to last night at a price of $789 billion. What's more, staffers are complaining about who does have a copy: K Street lobbyists. E-mails one key Democratic staffer: "K Street has the bill, or chunks of it, already, and the congressional offices don't. So, the Hill is getting calls from the press (because it's leaking out) asking us to confirm or talk about what we know—but we can't do that because we haven't seen the bill. Anyway, peeps up here are sort of a combo of confused and like, 'Is this really happening?'" Reporters pressing for details, meanwhile, are getting different numbers from different offices, especially when seeking the details of specific programs.

Worse, there seem to be several different versions of what was agreed upon, with some officials circulating older versions of the package that seems to still be developing. Leadership aides said that it will work out later today and promised that lawmakers will get time to review the bill before Friday's vote.

Timothy Geitner – nominated and kept as treasury secretary despite not paying his taxes. He tried to redeem himself with a bank recovery plan. He came out with no plan whatsoever… the dow dropped 400 points after his speech.

Tom Daschle – He withdrew his nomination for secretary of health and human services because he also did not pay his taxes

Hillary Clinton – There is a lawsuit pending because she actually voted to give the secretary of state position a raise. She is also questioned for conflict of interest because the Clintons have gotten unprecedented amounts of foreign donations during their careers.

Nancy Killefer – She was nominated for performance czar. She withdrew after it came out that she also did not pay her taxes

Obama saying “I won” - when prodded about why he wasn’t listening to Republicans. He says “I won.” This destroys his promise for bipartisanship.

Obama breaks transparency promise with first bill – Barack promised to post bills for 48 hours on a website before signing them. He broke this promise on his first bill.

Judd Gregg- Gregg is a republican senator that was nominated for Commerce Secretary. He drops out as a cabinet member citing the “stimulus” bill and the census.

Those are all things said by the great Barack Obama. However, we have found out that they are not reality.

He said that he would post every bill on a website for 48 hours before it is signed into law. He has already broken this once, and he's about to break it again with an 800 billion dollar stimulus plan.

The one thing that he really stressed in his campaign is bipartisanship. This was something many senators preached as well. Now the election is over and they are in control. There is no bipartisanship. Their process for making this 800 billion dollar bill was to draft a bill without any republicans even present. This was also done behind closed doors. They brought it onto the congressional floors... and plucked just enough GOP senators away to pass it. How do they reconcile the difference between the Senate and House bill? The democrats met behind closed doors without Republicans even present. But at least they're going to post the bill for 48 hours... nope... they're not doing that either. Now they are poised to pass this bill today. The text of the bill has not even been released to the public yet. Now we see their true colors. They are working on their own. Barack Obama has repeatedly said things like "Well... I won." This is not bipartisan politics. This is partisan politics on a scale we have never before seen in this country.