Let's Talk: 09/01/2008

Monday, September 29, 2008

McCain's Blame Game

Remember it was McCain who said he was going to lead the Republican charge for the bailout of Wall Street, he was going to make sure that this was a bipartisan success...he called for the charge, well what happen?

I am sure that the folks that have gotten rich stealing from us can raise enough in a fund raiser to help with their own bailout. It seems those billions in option ARMs were just too much, now their equity is about to be gone. So do a fund raser and get yourself back on your own feet, as we all do.

With the bailout that would ensure money for the already rich, we the Main Street would be giving away everything for nothing.

I do not know about you, but I am tired of being on the lowest scale in this country. Any time Americas are asked to sacrifice, it's always the poor and middle class doing just that.

Now that this bill did not pass McCain is blaming anyone he can and you know that starts with Obama.

If we elect this man as our next President, we will have only ourselves to blame. Anyone still feels that need to follow McCain because Hillary did not win, what say you?

Sunday, September 28, 2008

Where Is America???

From Politicartoons

Is this the America that is pushed to the back of the line, the America we never see?

There's nothing that this man can say for some Americans to accept him as President. This is where my vote will be going and God help us if he fails.

Pissed On Politics has a great post on how some of this came to be and he links it to Predatory Lenders

The Bush administration did nothing to protect consumers from, Predatory lending, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.

"state attorneys general and others involved in consumer protection began to notice a marked increase in a range of predatory lending practices by mortgage lenders. Some were misrepresenting the terms of loans, making loans without regard to consumers' ability to repay, making loans with deceptive "teaser" rates that later ballooned astronomically, packing loans with undisclosed charges and fees, or even paying illegal kickbacks. These and other practices, we noticed, were having a devastating effect on home buyers. In addition, the widespread nature of these practices, if left unchecked, threatened our financial markets."

"In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative. The OCC also promulgated new rules that prevented states from enforcing any of their own consumer protection laws against national banks. The federal government's actions were so egregious and so unprecedented that all 50 state attorneys general, and all 50 state banking superintendents, actively fought the new rules.

Now we are faced with a $700 billion bailout of mortgage lenders. Financial Institutions that will find a way around the Mortgage Back Security with our very own Government furnishing said security, with no ideal about how. In other words they will be hiring the same people that got us in this mess to govern these mortgage and securities.

This is what they call a tentative clearance for the Main Street? Please. This will only make matters worse for Main Street. With 535 members of both House and Senate, I am sure they could have come up with something better than this.

Good bye $350 billion dollars from the start with Secretary of the Treasury Henry Paulson, former companies getting a great share of this money from the start.

I have a great House for sale before it loses any value:

click photo to enlarge

For Sale seven bedroom, four bathroom, theater room, game room, three car garage, and fully finished basement. I've got to get out of this mess, because that's what coming.

Where is America, what say you?

Friday, September 05, 2008

Just Who Is Sarah Palin?

So many of the Clinton supporters are flocking to Gov. Palin, but do they really know her policy?

Thinkprogress has come up with a list that may stun some but not that are set against Obama...see > click here.

We have screamed for years for change and when happen, we are not willing to go with the that change.

So be it, let,s go through four more years of the same. Some women supporters are Clinton seems not to mind... see >Palin

What a differnce an election can make and show our true colors...what say you?

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