The Irony of AngryRenter.com
injuryboard.com | The Irony of AngryRenter.com
May 16: AngryRenter.com appears to be a website that is against any type of mortgage "bailout," however, the site is not run or was even set up by "angry renters," rather, it is the product of conservative advocates Steve Forbes and Dick Armey: two homeowners.
The site is a front for a political agenda that seeps from their other conservative website, FreedomWorks.com. AngryRenter.com's role as a politically conservative arm is to reach into the minds of renters and sell the impression that homeowners in underwater mortgages, whose situation is affecting homeowners in quality, prime mortgages (via depreciating housing markets, rising HOA fees, etc.), should not be bailed out by the government (i.e. taxpayer money) -- that the marketplace should "naturally" correct itself. The hubristic website does not consider the negative ramifications (overall economic hardship) of assuming the market doesn't corrects itself anytime soon....
The Wall Street Journal uncovered this clandestine operation earlier today.