Friday, January 4, 2008

Obama, the great ... hope!

CHANGE!

Obama is certainly entertaining to watch. However, If I had to pick a candidate with no political experience and base the choice only on race, i'd probably pick Will Smith. He's a good actor, he's a good musician, and much like Obama, he knows nothing about the presidency.

It's scary when people get all hyped up about "change". The word itself means little more than something different. The "change" that everybody is talking about could just as easily be accomplished by placing Don Imus or Madonna in the White House. Change for the sake of Change is usually an act of desperation which will ultimately result in failure.

Lets worry less about "change" and maybe come up with some sort of PLAN in facilitate "change".

Hopefully the American people won't be fooled again by cute speaches and rehashed political rhetoric...
Posted by Blog Friend at 8:49 PM

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The Mortgage Crisis

The mortgage crisis could not have been an accident. The people that "approved" the mortgages KNEW that:

  1. Were going to have prohibitive payments in 12 to 24 months
  2. Were going to be on property worth far less than what they sold for within 12 to 24 months
  3. Would be forclosed on because they couldn't sell for the amount of the mortgage

Bankers blame it on homeowners making bad decisions or not having foresight. However, those bankers get very uncomfortable when you point out that these mortgage were all approved by bankers that get PAID to know the market and it's trends.

When you point out that regular people like you and I saw this coming back in 2004/2005, they start to tap their fingers and look around nervously.

The short answer is that they set us up and we don't know "why".

Mortgages traditionally require people prove they can make the payments even when the market is not headed down. The banks knew exactly what they were doing...

The Media On It's Knees

Why is it that the mainstream media is clamoring on their knees in front of Obama as if their unwarranted affection will somehow lower his zipper and give them what they so desperately seem to want?