Monday, March 23, 2009

Are We There Yet?

Will this "long journey" (endless spending and government bailouts) on which we have embarked ever reach its destination? For all the frenetic activity in and around Washington DC, one would think as "Chicken Little" was wont to do, that "the sky is falling". Personally, I believe the "sky" is merely that sound made by this country's pride, honor and common sense crashing on the ground. Have we forgotten our principles and lost our indomitable spirit that made this country the greatest in the history of man? Have we lost all perspective in dealing with this self-imposed crisis? Yes, we created this monster by abdicating our wishes to those in Washington DC dispatched with the task of "representing" our desires. Have we gotten far too fat and lazy or myopic to perform the simplest acts of citizenship? Have we become the Nero of ancient Rome, fiddling as that once mighty city burns? Perhaps faith in my fellow Americans has been displaced and is in need of severe chiropractic re-adjustment. I say however, this too shall pass, but not without tears from our children or sweat from our brow. For ours appears to be a long perilous journey of Lemmings led by the "Pied Piper" in Washington DC toward the cliff and cold sea below. A part from the mixed metaphors, we each understand how clear this message is. Much like children in the back of the family station wagon on summer vacation, we are asking, "Are we there yet? "We are NOT there yet, but the family station wagon is precariously close to the light at the end of the tunnel...an oncoming train!



Can we do nothing save scream at the television as it brings each succeeding piece of economic news? Nay, I say we "fight them on the beaches" in order to save our homeland! So you ask, What can I do?" I implore each self-respecting American, be it conservative or moderate, to get in the game and write, call or in some other creative fashion, contact his or her "representative" in Washington DC to inform him or her just how angry each of you has become! And further, that you are no longer sitting on the sidelines of this game! Closely examine your voter registration card! The names of your "representatives" will be linked to the Voting District in which you reside. Write, telephone or Email those persons claiming to "represent" you. Have a voice loud and clear to shout the words, " You are mad as hell and you are not going to take it anymore!" This cavalier spending spree must cease immediately.

Compare this nation's financial predicament to your own family's finances. If you find your income decreasing, do you go out and purchase meaningless "trinkets" with your child's credit card? Of course not! The sensible reaction would be to decrease spending and find a way to pay fewer taxes--sales, income, property, etc. Obama, the High Lama, has seen fit to throw logic out with the bathwater and open our wallets and purses to steal our money for his aggrandizement. If this thought doesn't make you angry, nothing will. The saga continues....(for three plus more years)

Sunday, March 8, 2009

Upon Further Review

In a previous blog, I reproached the government for their cavalier attitude toward the "mortgage meltdown". At that time, it was my belief the "government" should force those fraudulent money lenders to restructure failing mortgages to a level of 4% to 5%. However, since that time, I have had a greater opportunity to more closely study and research this mounting problem. As I speak, the number of foreclosures increases. How do we stem this economic bleeding"? My research has led me to understand the need for a fundamental change in the principle balance of these trouble mortgages that are on the brink of failure. Since the real estate market in so many geographic locations has declined, the associated assessed value of those homes has also declined. Certainly then, it is prudent for the lenders to renegotiate that principle balance to better reflect a true market barometer and thus create a more indicative market. The crux of this issue is simply a disparity between desired or perceived and realistic property values. By devaluing property assessments, the true market can once again be reflected and mortgages may also become parallel with those assessments. The problem however, remains that lenders appear to be reticent for a renegotiation of any mortgage contracts without some additional inducements by the "government". And so, Obama has seen fit to offer such "tidbits of cheese" to the rats through recompense fees for these contract re negotiations. In some areas, as much as 2 or 3 thousand dollars fee per mortgage modification has been experienced by those desperate clients. Personally, I think it appalling that mortgage lenders have to be bribed by our government in order to perform the moral actions they have already been paid to accomplish.
Thus, a simple solution to a complex problem has been proffered and it is my understanding perhaps this solution may creep into our desperate economic lives after all.

Upon Further

Sunday, March 1, 2009

Mounting Anger of the Masses

What have we learned from the current administration? Are the masses growing restless? Is Boston tea in the near future for Obama? We can but ask these burning questions only to receive blank stares and puzzled looks from our "friends" in Washington D.C. I, for one, have learned the following: This so called "stimulus" package has more pork and earmarks than a trainload of pigs bound for Georgia. Obama's brand of socialism is not what made this country the "king of industrial might". There are far too many "good" people left in this fight to allow Obama's thugs to "run us out of Dodge". I fear that soon there may come enough mounting anger that causes a dramatic shift in the manner in which we, as Americans, live our lives. Where do we go from here? That is the burning question of the moment. The saga continues....