This Home Owner Rescue Package is Starting to Tick Me Off!!

Hi Ralph . . . The last administration didn't do JACK . . . would this be Barney Frank?  Chris Dodd?  SENATOR Barak Obama?  Pelosi?  THAT administration?  Because those are the very people that thought it would help those poor people if they pused banks to lower lending standards.  I am absolutely going to be critical . . . Not that I am particularly enamored with the job Bush did to contribute to this mess, but Obama is certainly not helping.  For the tax dollars that just got spent on banks, maybe THOSE billions would have been better spent going to the people who were directly harmed by the policies social loan programs?

Dean Moss . . . LOVE the analogy!  Better than my bandaid one, LOL!

Lenn, Brien and Patricia, Yes, I agree.  I loved Dean's response.  Had me giggling too!

BLRGUY - Yeah, I did drink a bit and it was lemon . . won't do that again!

Sally & David Hanson - I agree this didn't happen overnight, I also agree it won't be repaired overnight.  I seriously doubt that any hand the government play's in it will do anything but delay a recovery.

Chris Olsen - I agree that the banks were criminal . . . and the complicitors were the fellow members in congress lying to us about the viability of Fannie and Freddie (remember those two?) and pushing for sub-prime loans while fighting like hell to make sure  no American business can produce a product without first increasing their costs 20 fold to appease the ever-evolving black hole of the EPA.  And as far as innovation and education being an answer?  Where is that supposed to come from?  Our illustrious school system?  Their idea of innovation is creepy new ways to teach sex ed.

Richard Weisser - Thank you!  Thank you so much!  Someone else who sees that the more government gets involved, the more convoluted and screwed up this eco-system called the U.S. becomes.

Norma Brandsberg - Actually I have done some reading into the fair tax measure.  I agree with it.  I makes a lot of sense, it will save the government a TON of money, and we can get back to being a PRODUCING nation.  I am all over this.  But alas . . . I live in Maryland and my guy didn't even make the top two.

Patrick Scott - Great Post!  I loved your summary of our history over the last almost twenty years.

  Everyone, thank you for your comments . . . even those of you who don't agree with me.  I didn't expect this big a response, but I am really glad people are paying attention and watching what those jokers in Washington are doing to this country and the people who built it.

Scott,

I see we are going to blast me and misinterpret my words for whatever your purpose is.  Why you would assume that I used the term "scum" in reference to people is BEYOND me.  Re-read that paragraph . . . the "scum" was in reference to the EXCUSES these politicians have used for the bank failures and the half-a**** attempts to cover their bailout of corporate banks and insurance conglomerates at the expense of the very people losing their homes.

The congress that got "voted in" in 2008 is the SAME congress that got voted in in 2006.  Barney, Chris and Kennedy have been in their since the dinosaurs left the earth with very little to show for it but a billion or so in earmarks (Oh, and let's not forget Specter, LOL! and MURTHA).

Scott, I am not going to fight with you about my opinion.  I'll just rest in comfort knowing that I am not alone in my opinions. 

I will agree with you though, that there were MANY complicit in what went on.  Continuing to reward those people is what is TICKING ME OFF.  I am not mourning lost commission checks, I was working on the other side of the housing market at the time these jokers were playing "let's hose main street investors".  I was one of those wives who watched her husband's company lose a division and my husband lose his job that he had for over 18 years.

Keep in mind, Scott, that despite how voraciously you defend these people, you will also be paying through the nose for their mistakes.  Let's see how this plays out before any editing of blog entries takes place.

Roland,

I agree with you and feel that most agents are trying.  Most people are trying.  I even agree with Scott and Ralph that we are eventually going to have to put on the brakes in the blaming.  It's just that I see the Washington throwing more money at the same companies and the people are not getting help.  GM failed. So what are they going to do?  Make it even more difficult for people to afford to buy cars with rediculous requirements . . . cap and trade all businesses and manufacturing, regulate farmers as food processing facilities.  How many more businesses can we chase over to China?  We're already getting our eggs and other "produce" from them.  (Just ask Walmart!)

How is this administration going to create jobs?  (private sector jobs . . . not psuedo prosperity government jobs.  Obama, during one interview said we are already out of money.  So . . . . I guess we'll all be learning to speak and write Mandarin?

Scott,

Your comments are also one sided and not factual.  Jobs went willingly over to China? (Taiwan, Korea, Indonesia, Mexico, etc, etc, etc...)  No.  Government regulation, the E.P.A. and the Unions made it impossible for companies to compete with countries our government doesn't regulate.  That is the big picture of responsibility.  These problems go much, much deeper than Obama, Bush, Carter or even FDR and the New Deal.  None of the stocks I have ever owned ever paid a dividend.  Dividends did not drive businesses over seas.  Puh-lease. 

It's funny how those that don't agree with the liberal agenda start throwing Fox News in our faces to deflect from the issues.  I don't even listen to Rush . . .  I don't get his radio station where I live.  And judging by what I do see on CNN and MSNBC?  They aren't exactly epitomies of open journalism.  They are the last sources I would get my information from.

If I had all the answers to our problems, I would be president.  Because I'm not does not mean I am not allowed to have an opinion or point out that every time our Government gets involved in something that used to be individually decided, it gets screwed up, blown up, beauracracized into a billion + dollar entity and makes it increasingly expensive to be an American Citizen.  I'm tired of paying for everyone else's mistakes . . . aren't you?

I thank you for this opportunity to discuss our different views.  You would probably agree that this isn't as productive as actually doing something about what we disagree with, so with your blessing I would like to put this to rest and move on to more postive things.

Thanks again.

Let me add an example of the hypocrisy of our current administration (not that the previous one didn't have their own):

Yesterday, during Obama's speech, he defended the Iranian's right to nuclear energy (not, nuclear weapons).

Now . . . aside from wanting to appease Iran, which he will not accomplish, I want to know why it is so hard for America to build new nuclear power plants to become more energy soverign, yet it is okay for Iran to have nuclear energy?  Be careful . . . you MAY have also heard this on Fox News . . . but it's a very good point and an excellent example of the reason I think this president is full of crap.