Sunday, January 13, 2008

Ron Paul, who is this guy

Ron Paul is very entertaining to watch in the debates.

But, from what I've heard, he's got some ideas that are contrary to popular opinion.

Legalize Prostition: Although this might help with some of the problems associated with the rampant illegal sex trade that occurs in our country (and globally), It's not going to fly with the average american.

Legalized Drugs: For years people have touted the amount of money the government could make in taxes and save on the "war on drugs". However, this will also not fly with the average American that envisions a nation of potheads.
Posted by Blog Friend at 7:59 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?