Saturday, January 31, 2009

No Wonder Obama Loves The Stimulus Package

No wonder Obama loves the so called "Stimulus Package". The package is filled with spending. While it would more appropriately be named a Social Works package, Stimulus is a nice buzzword and who would be against that?

But, rather than spend too much time talking about how the largest spending package in the history of our country is being named in a misleading manner in order to create partisan discourse and skew public opinion, lets just contemplate why obama likes it.

basicly; taxes are for little people to pay

Yes, another Obama nominee has taken it upon himself to pay his taxes AFTER being informed that he was picked for a position. Although we already knew that Democrats like to "give away the store" and spend money as if we had it, we are now getting some insight into why they do not spend it in a responsible manner.

I'm sure that anyone you know would be interested in paying their neighbors mortgage, buying condoms for strangers kids, installing new sprinklers at the courhouse, etc... as long as they were given the credit cards of Obama, Daschele, or Geithner.

The only package this can stimulate is the one that Obama wants to shove into the backsides of the Middle Class...

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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?