It is becoming hard to believe that the Democrats can be so utterly blind, so completely incapable of pointing out the disastrous conduct of the current Bush Jr. administration. The lending and foreclosure mess that we are dealing with is not the fault of the lenders - it is the fault of an administration that does not believe in regulations. The World Bank and fiscal leader in Europe and elsewhere were screaming at the US to rein in our lenders and everyone in the business here knew things were getting out of hand. Stewardship of our nation and its business practices is an intergal part of what governing is all about.
George Bush Jr. is the leader in world spending - he and his Republican party are in fact the biggest spenders in the history of the world. If it were not for the massive and misguided growth in housing over most of their incompetent rein in the White House, they would have little to show but the phenomenal deficits and 60,000 dead and maimed soldiers exchanged for a petty dictator in the land of Oil.
In addition:
The Democrats vilify the lenders, while it was everyone involved in the Real Estate business. Did they as a group become predatory? Yes, and our children become predatory if we leave the cookie jar open all the time. That is why we require certain terms for access to the cookie jar and reasonable regulation of lending is no different. The Real Estate agents, the Appraisers and the Lenders were allowed to run ammuck and the public wanted to believe that homes should sell for 20 times the prevailing income (complete nonsense from any historical perspective).
Wake up Democrats - shake yourselves up - smash your heads against the wall - !!
We don't hear "biggest spenders in the history of the world"
We don't hear "incompetent military leaders"
We don't hear "Complete lack of fiscal leadership"
Are the Democrats Republicans?
Saturday, March 01, 2008
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