tag:blogger.com,1999:blog-31224543.post2230051835640421187..comments2023-03-27T09:49:18.142-04:00Comments on Oh, Susanica!: My three cents…Susanicahttp://www.blogger.com/profile/09953137571779602316noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-31224543.post-7785101027412151032008-10-05T19:46:00.000-04:002008-10-05T19:46:00.000-04:00This post is a few days old, but I'm just catching...This post is a few days old, but I'm just catching up and had to comment.<BR/><BR/>People may want to forget about the Bush years, but we can't afford to. McCain talks a good "maverick" talk, but very little about his policies would be different from Bush's. People seem to think that just because it isn't Bush in office anymore, things will be different, but it's just not true.<BR/><BR/>Anyone who thinks McCain's judgment is different from Bush's needs look no further than his VP pick. Selecting Palin for VP is the height of irresponsibility and recklessness. She simply is not fit. That decision was made out of the selfishness of his campaign strategy, and not out of the best interests of this country. Think his judgment is going to magically improve if he's in office? Not likely.<BR/><BR/>And as for the bailout...I don't pretend to know much about all this stuff, but from what I've heard, the deregulation of the Bush years gave realtors and Wall Street the ability to create a house of cards based on the fallacy of giving people loans they couldn't afford, and assuming they will pay them. Are the people also somewhat responsible? Sure. But when you've got undereducated, uncertain consumers sitting across the table from a slick, fast talking, hard selling, reassuring lender/realtor, it's not a level playing field. Practices have bordered on fraud, for example, in many cases consumers did qualify for standard loans, but they were purposely steered into subprime and balloon payment loans.<BR/><BR/>And political leadership has not helped. The Cali legislature just passed a bill that would put a lot of restrictions and oversight onto lenders and realtors. What happened? Even with the ongoing crises, Arnold vetoed it, saying it would hurt the housing market. WHAT HOUSING MARKET???<BR/><BR/>*deep breath*<BR/>K...done now.<BR/><BR/>Hi!!CThttps://www.blogger.com/profile/15244461122237079468noreply@blogger.comtag:blogger.com,1999:blog-31224543.post-20211436112090392042008-10-01T16:34:00.000-04:002008-10-01T16:34:00.000-04:00buy out people's mortgages?but that would be helpi...buy out people's mortgages?<BR/><BR/>but that would be helping those who really need it, don't be ridiculous....Martinhttps://www.blogger.com/profile/11044403947730363259noreply@blogger.comtag:blogger.com,1999:blog-31224543.post-16607167744610200662008-10-01T16:30:00.000-04:002008-10-01T16:30:00.000-04:00Of course you can leave your opinions xbox--but on...Of course you can leave your opinions xbox--but only if I like them because I control the "publish" button. Seriously, I like the idea I'm hearing that if anything the gov should buy out people's bad mortgages--then at least the gov would have a part in any future profits as a part owner. Believe you me, many people here are VERY angry about it all. -MSusanicahttps://www.blogger.com/profile/09953137571779602316noreply@blogger.comtag:blogger.com,1999:blog-31224543.post-22332114364006284662008-10-01T14:40:00.000-04:002008-10-01T14:40:00.000-04:00Cool, can I leave my unrequested opinions here?I h...Cool, can I leave my unrequested opinions here?<BR/><BR/>I honestly think that people just want to forget about the Bush years now. I know I would. He's kept his head down the last few months, basically he's preparing for some golf.<BR/><BR/>Sarah P. is weak at this level. The more she has to show of herself in areas she's not comfortable with, the more evident it becomes. I feel embarrassed for her. She's done a good job up to now, but she's YEARS off being a serious candidate for a position like this.<BR/><BR/>People on wall street have no right to be mad, they should be ashamed. They've played a game with different rules to all other areas of business, they've mismanaged, taken risks that have outweighed the benefits, screwed up and are now looking for public money to bail them out.<BR/><BR/>If I were American, I would be livid, and in no way accepting of the bailout without SERIOUS preconditions. <BR/><BR/>I wouldn't want to see them p!ss away 700bn more than they already have.<BR/><BR/>...phew, that feels good.Martinhttps://www.blogger.com/profile/11044403947730363259noreply@blogger.com