Off-Topic: When you are Right
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   When you are Right
Date:   11/21/2008 2:44:38 PM

I am all for home ownership but only what someone can reasonably afford. We had modest, respectable increases in home ownership in this country when the lending decisions were made by the entity that would carry the loan (i.e., if it went bad they got the house back). Yes that limited the potential for home ownership with low and lower-middle class income earners but there is no lack of affordable rental housing in this country (except in areas where the government has made new construction impossible like California and some places in the northeast).

While I agree that every President has promoted programs that lowered the bar for home ownership to the point of being dysfunctional, I am particularly incensed that when some tried to fix the problem they were blocked and vilified as being racists. We know who blocked much-needed reform and they are still in Congress instead of prison where they belong.

This is a classic case of feel-good policies that actually do more harm to the intended recipient. I refuse to give them a pass because they meant well. Bad policies, regardless of the intent, should be eliminated and those responsible should lose their jobs. Unfortunately they are returned to congress year in and year out by an irresponsible electorate.

What really needs to happen is for me to be elected ruler of the world.......only then will things be better.....at least for me and those I like. Wait a second, I am beginning to sound like Obama....I have ODS (Obama Derangement Syndrome)!
Other messages in this thread:View Entire Thread
Don't Blame This On Barney - GoneFishin - 11/21/2008 12:28:34 AM
     Marvelous..... - lamont - 11/21/2008 7:55:58 AM
     Case for limited gov't - MartiniMan - 11/21/2008 9:37:20 AM
          When you are Right - Talullahhound - 11/21/2008 9:42:36 AM
               When you are Right - MartiniMan - 11/21/2008 2:44:38 PM
                    When you are Right - Jim Dandy - 11/21/2008 3:28:23 PM
                    When you are Right - Swimmer27 - 11/21/2008 4:24:47 PM
                         When you are Right - Jim Dandy - 11/21/2008 4:50:23 PM
                    When you are Right - Talullahhound - 11/21/2008 6:18:18 PM
                    Exploratory Committee - MartiniMan - 11/23/2008 8:16:26 PM



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