Thursday, January 29, 2009

Blago is Gone

so the vote is in and the downtrodden governor is out.

the greatest thing about this is the precedent that has been set. now "We The People" have a reason to expect that our politicians are now supposed to function by certain rules that have been ignored for generations assuming they have ever been followed.

So, when do we start cleaning house? There are a LOT of governors, senators, representatives, etc that should be next. Republican and Democrat alike. Lets hold them all accountable!

Why stop at one goofy governor in a state famous for corruption? If we're gonna pick one, we need to start picking them all off!

c'mon people, lets get the tar and feathers out and march on washington and our respective state capitols.
Posted by Blog Friend at 5:56 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?