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Houston considers paying CREDIT CARD balances for some residents...

Mayor Bill White this afternoon announced that a plan for the city to pay off some debts for first-time home buyers has been pulled from tomorrow's City Council agenda. (Houston considers paying CREDIT CARD balances for some residents...  )

Council members are now professing their "embarrassment" about the proposal, which has hit the national news circuit, including drudgereport.com., which picked up this morning's Houston Chronicle story about the plan

"This issue has hit a nerve across this country," said Councilwoman Anne Clutterbuck. "Not just here in the city of Houston.
 
(We are moving ahead with more big brother. Why should the government bail people out who have made bad choices.)
 
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