Wednesday, February 25, 2009

Mayor pulls plan for Houston to use taxpayer funds to pay off personal debts for first-time homebuyers - Outrage Nationwide


Houston - Mayor Bill White yanked a controversial plan that called for the city to use taxpayer funds to pay off some personal debts for first-time homebuyers, following a flood of outrage and criticism from across the city and beyond. “I don’t think we ought to be in the business of paying off someone’s debt so they can buy a house,” White conceded during an impassioned City Council meeting. “Paying off people’s credit cards is ridiculous.” Many council members expressed “embarrassment” over the idea, which received national media attention. More... Discount Magazine Subscriptions - Discount Cigarettes & Tobacco - Nutty News Marketplace - Discount Pet Products