Thursday, April 24, 2008

Why do people care about Election 2008?

For whatever reason, the people are still donating to the various campaigns.

I'm not sure if it's the constant email from each candidate saying "you've helped so much, don't stop now, please send money" or if they think the President of the United States actualy has power.

Until a member of the FED is president, we're just hiring a yes man and a publicist for the people that realy run the country behind the scenes. The election process is a grown up version of Survivor or American Idol for voters.

Of course, many have resigned themselves to the fact that we simply have no choice for president in this election (even if it mattered who were to be elected). They acknowledge that if Obama were not BLACK, he would be ignored by everybody. However, the fact that he's black allows people to shove an otherwise smarmy used car salesman type down the throats of everybody with a tinge of "white guilt". However, I don't have white guilt as i've never owned a slave. They also acknowledge that if Hillary were not a woman (open to argument if she is or not) she would not be in the race. Her last name and the fact that we can rally around "America hasn't had a woman president" enough to get interest are the only things keeping her on the TV.

Then to the other side, McCain is just about as interesting as voting for an unknown high school teacher from Wyoming. He's the third Democrat on the ticket, hence the propensity for Conservatives to overlook him as running in the first place.

Fred Thompson, yes, i'll say it again, would have been the PERFECT president. He's an adequate actor, can read scripts, and is entertaining. The bankers realy screwed the pooch when they let him out of the race...

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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?