Comments on: Reminder to self http://mehculpa.wordpress.com/2009/02/14/reminder-to-self/ Sat, 12 Dec 2009 18:34:46 +0000 http://wordpress.com/ hourly 1 By: mehculpa http://mehculpa.wordpress.com/2009/02/14/reminder-to-self/#comment-84 mehculpa Mon, 16 Feb 2009 03:40:20 +0000 http://mehculpa.wordpress.com/?p=391#comment-84 Thanks for the compliment! I appreciate it. :) Thanks for the compliment! I appreciate it. :)

]]> By: rollsettravel http://mehculpa.wordpress.com/2009/02/14/reminder-to-self/#comment-83 rollsettravel Sun, 15 Feb 2009 03:25:50 +0000 http://mehculpa.wordpress.com/?p=391#comment-83 Mehculpa, I agree, it appears we are both voicing the same concerns. You are right both parties need to think of the future of our country. The TARP may well save the nation, or it may only be a speed bump. Just enough to jolt the passengers on a 230 year old bus heading to the crusher. Hopefully someone finds the emergency brake before it's too late. I do like your site. A. Gest Mehculpa, I agree, it appears we are both voicing the same concerns. You are right both parties need to think of the future of our country. The TARP may well save the nation, or it may only be a speed bump. Just enough to jolt the passengers on a 230 year old bus heading to the crusher. Hopefully someone finds the emergency brake before it’s too late. I do like your site. A. Gest

]]> By: mehculpa http://mehculpa.wordpress.com/2009/02/14/reminder-to-self/#comment-82 mehculpa Sun, 15 Feb 2009 02:03:19 +0000 http://mehculpa.wordpress.com/?p=391#comment-82 I'm not thrilled with the Democrats by any means, but who can forget Bush 43 extolling the virtues of an <a href="http://en.wikipedia.org/wiki/Ownership_society#Quotations" rel="nofollow">ownership society</a>? That sort of thinking filtered from the president on down, and seemed to infect almost everyone. And yes, you're right, not everyone could afford those houses, but some of those buyers, as I said, weren't educated enough to understand that qualifying for a home loan didn't mean they could afford to pay the mortgage, especially with the upwardly mobile payments ARMs brought them. They didn't know it's folly to owe more than one-third of your income, including that house. I just looked at <a href="http://www.gemoney.com/everydaymoney/mortgage/introduction/loan-size.html" rel="nofollow">a GE site that said the debt to income ratio could be 50%</a>, which I think is <em>insane</em>. I'm not sure what you mean by a winner take all magna carta. I <em>am</em> disappointed in both parties for failing to set ideology aside in favor of saving the country from ruin. The American people voted for the opposite of what the Republicans offered, but I sure as heck noticed that not only did they fail to get out of the way, some of them wanted a train wreck. What is <em>up </em> with that? Are they so inured they think nothing can happen to them, or to the government? (Not according to Bush's <a href="http://dandelionsalad.wordpress.com/2008/03/15/national-security-homeland-security-presidential-directive-51-2007/" rel="nofollow">Presidential Directive 51</a>, which I hope is actually in the past, although I'm not holding my breath...) I’m not thrilled with the Democrats by any means, but who can forget Bush 43 extolling the virtues of an ownership society? That sort of thinking filtered from the president on down, and seemed to infect almost everyone. And yes, you’re right, not everyone could afford those houses, but some of those buyers, as I said, weren’t educated enough to understand that qualifying for a home loan didn’t mean they could afford to pay the mortgage, especially with the upwardly mobile payments ARMs brought them. They didn’t know it’s folly to owe more than one-third of your income, including that house. I just looked at a GE site that said the debt to income ratio could be 50%, which I think is insane.

I’m not sure what you mean by a winner take all magna carta. I am disappointed in both parties for failing to set ideology aside in favor of saving the country from ruin. The American people voted for the opposite of what the Republicans offered, but I sure as heck noticed that not only did they fail to get out of the way, some of them wanted a train wreck. What is up with that? Are they so inured they think nothing can happen to them, or to the government? (Not according to Bush’s Presidential Directive 51, which I hope is actually in the past, although I’m not holding my breath…)

]]> By: rollsettravel http://mehculpa.wordpress.com/2009/02/14/reminder-to-self/#comment-81 rollsettravel Sat, 14 Feb 2009 23:08:11 +0000 http://mehculpa.wordpress.com/?p=391#comment-81 Let's not forget the rolls that Barney Frank, and Chris Dodd had in the mortgage, mess. Accelerating and promoting sub-prime loans to individuals who, had no business qualifying for these loans; has certainly played a hugh part in the present market conditions. What happened to personal responsibility? When you can't afford something, you don't buy it anyway! Give me a break! Obama, may have not had a direct play in this, but the Dems. are not completely blameless. As a long time Democrat I'am greatly disappointed with the general attitude that winning an election justifies a winner take all magna carta in the "bipartisin" arena. I fear the end to this mess is far down the road, and both parties better pull their head out or there will be no nation to govern. A. Gest Let’s not forget the rolls that Barney Frank, and Chris Dodd had in the mortgage, mess. Accelerating and promoting sub-prime loans to individuals who, had no business qualifying for these loans; has certainly played a hugh part in the present market conditions. What happened to personal responsibility? When you can’t afford something, you don’t buy it anyway! Give me a break!
Obama, may have not had a direct play in this, but the Dems. are not completely blameless. As a long time Democrat I’am greatly disappointed with the general attitude that winning an election justifies a winner take all magna carta in the “bipartisin” arena.
I fear the end to this mess is far down the road, and both parties better pull their head out or there will be no nation to govern. A. Gest

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