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2月23日

Here's why the mortgage bailout is a bad idea

It's not that I am opposed to helping people who need help.  What I am opposed to is bailing out people who made poor choices. 

 

What you have in this mortgage mess are 4 types of people.

 

1)  People who are filthy rich and don't need anyone's help.

2)  People who decided not to purchase a new home and have been in their current homes for 5+ years.

3)  People who took a risk and bought a new home at an inflated price.

4)  People who decided to purchase a home that they couldn't afford.

 

About 10% of the homeowners fall under category 4.  So...why does this bailout suck?  Because 1, 2, and 3 are paying for 4. 

 

The rich people, whatever...they'll get by, regardless.  They will barely notice the difference.

 

2s and 3s, though...the people who are regularly paying their mortgages, whether inflated or not.  The good tax payers who own homes and have done a good job paying for them...we're the ones that get jacked. 

 

Looking back at the purchase of our current home, I definitely regret paying what we did.  We paid too much.  But, still...paying too much for this house, we continue to regularly pay our mortgage on time.  We have not missed a single payment and the only time we were late was when the baby was born.  That's it.  But...who's coming to bail me out?  I tell you...I would love to have that money back in my pocket.  If I didn't have to pay my mortgage every month, I could afford to buy a new car.  Or, I could afford a nanny.  I could really help stimulate the economy. 

 

But, that won't happen, because I've been good.  Nobody is going to help me out.  Instead, we're going to help out those "sub-prime" homeowners.  The people who looked at their books and saw that they could afford a $2000/month mortgage and went ahead with the $3000/month loan. 

 

This pissed me off.  Not to plagiarize from the CNBC guy, but we are rewarding people for making poor choices by doing this.  I don't like it.  

2月21日

If you're interested

My boy is 3 months old, now.  If you're interested in seeing how he's doing, check out my other blog.  The super secret one.  Well...not really that secret.  Just hidden so pervs can't find it.   
2月17日

I'd love to be a fly on the wall

Nancy Pelosi will be meeting with the Pope.

 

I've always wondered what the Pope says to so-called Catholic politicians who are Pro-Abortion.  I mean, the Church is pretty dang clear that abortion is against teachings.  If you have or participate in an abortion, you are excommunicated from the Church.  There are few things that actually get you kicked out, nowadays, but this is one of them. 

 

Now, Nancy Pelosi, who, according to the article, calls herself an "ardent Catholic," will be sitting in front of our faith's leader.  According to the Vatican, this is a meeting between Leaders of State, as Pelosi is 3rd in line to the Presidency.  But, still...she's also a member of the church.  It's kinda like me going into a meeting with our VP of HR. 

 

What do you think they will say to each other?  I wonder if the Pope will even bring up her pro-abortion policies.  Will he mention how she tried to push birth control into the stimulus plan?  Will he ask why she supported the President when he lifted the ban on tax-payer dollars to fund abortions?  If he does, what will she say?  Will she try to defend herself as a Catholic?  Will she ask to confess?  Or, will she tell him to stuff it because she, apparently, knows more about the teachings of the church than he does, judging from her misinterpretations of teachings of Saints Augustine and Aquinas?

 

Just curious.  I'm sure Joe Biden is next.  Personally...I hope they get a theological ass-whooping. 

 

 

2月16日

Some comics for your enjoyment

Here are some comics I got a kick out of from MSNBC's "Week in political cartoons." 

 

During the entire campaign, and after, I have been complaining about the crazy high pedestal President Obama has been put on despite being largely unproven.  Being optimistic is one thing.  Thinking he's the greatest thing to happen to America this early is another.  I think we have seen in the early days of his presidency that he is not some glorious messiah come to lead us back to the promised land.  He is a politician, just like any other.  He's simply a politician that leans in a direction a president hasn't leaned in for a while.  His liberal stripes are coming out, which is fine.  I've been saying it for 2 years.  The guy is a left winger.  I just don't want to hear a bunch of so called moderates talking about what a great, bipartisan job he is doing, because we've seen NOTHING but partisanship, so far. 

 

 

 

 

Reconsidering the future of this blog

I really enjoy keeping this blog.  But...I also really hate a lot of the changes Spaces has made.  I am a MS loyalist.  But, I can't figure this whole thing out, anymore.  They seem to want to make it more like Facebook, or something.  I'm just not interested in that, really.  I've got Facebook for that.  Plus...I liked keeping it semi-annonymous.  I don't hide who I am, but I don't advertise it, either.  Oh...and, there is still no spell check.
 
I may jump over to Blogger for my political rants and rages and Loves and Hates. 
 
Thinking about it.  If I do, I'll let you know. 
 
UPDATE:  Well, I spent a little bit of time fiddling around.  I still hate all the new crap.  And, I am SUPER annoyed that, for some reason, my last name continues to be made public even though I am not checking the box that says, "make it public."  Basically, I don't want someone to search on my name and be able to read all my personal ramblings.  You can already find my political donations (complete with my home address) by Googling me.  I would rather not have potential candidates seeing my personal views, particluarly, if theirs are different. 
 
Anyway, I found where I can view new comments, again.  This was particularly annoying.  I had no clue who was leaving me comments.  But, I found that.  Now...if I can just figure out the rest of the junk.  Postings, annonymity, and comments.  As long as those are where I want them, I'm good.