Saturday, August 30, 2008

Letter to President Bush Regarding the Housing Bill

Mr. President,

I am writing to express my wishes in the strongest terms that you veto the housing bill that is likely to pass in the U.S. Senate tomorrow (Saturday July 26, 2008). This bill is an outright violation of the most basic property rights that our society is founded upon, redistributing tax monies paid by me and other citizens (who have no choice but to pay them) to those who either borrowed or lent in poor judgment. I am a homeowner that most likely paid too much for my own home, but would not consider using the force of government to extort “relief” from my fellow citizens. I deny their right to do likewise to me.

I have received a letter from U.S. Senator Mel Martinez stating that “we must use the resources of the federal government in a reasonable and responsible manner in order to mitigate future losses and put our housing market on the pathway to recovery.” I remind you, Mr. President, that those “federal funds” are nothing more than my property, paid in taxes for no other purpose than the protection of the rest of my property. My government, even by majority vote, does not have the right to dispose of my property to fund “grants for communities to purchase and renovate abandoned properties,” nor to “assist families facing foreclosure,” nor to prevent the bankruptcy of Fannie Mae or Freddie Mac, lending institutions that should never have been sponsored by government in the first place.

We were once a country where each individual was guaranteed unalienable rights. Now, it seems that our rights can be voted away whenever the legislature believes it will win favor with an uninformed electorate. I remind you of your oath to the Constitution, Mr. President, and beseech you, as the last line of defense of my rights, to veto this bill. Thank you for your time and kind consideration.

Regards,

Publius

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