SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (59779)2/20/2009 1:57:44 PM
From: Geoff Altman2 Recommendations  Read Replies (1) | Respond to of 224749
 
You're displaying the short term type thinking that's endemic to liberals in general. Liberal ideology deems it necessary to charge in and rescue any minority group that might be in pain regardless of the fact that they almost always make the situation worse by getting the gov't involved. When the pain doesn't exist to the extent of it being a problem for others then the left invents the pain. To see this in action you need look no further than Eric Holder and his moronic statement about Americans being cowards about the race issue......

when they foreclose millions of those mortgages, does that affect the economy in which you work and prosper?

You can't have your cake and eat it too......

Let's see if we can at least agree on a few points:

1. Many people see the economic problem in terms of the housing bubble.

2. Government policies and intervention in the private sector is one of the main things that inflated the housing market.

3. The bubble needs to deflate first before our economy starts to recover.

I'd add a 4th and 5th point but IMO I figure it'd be a cold day in hell before you'd admit to any of the above.

Just how do you expect the housing market to deflate while the gov't does everything in it's power to prop it up?



To: Kenneth E. Phillipps who wrote (59779)2/23/2009 1:06:01 PM
From: JakeStraw2 Recommendations  Read Replies (2) | Respond to of 224749
 
Mortgage Plan Is Rewarding Bad Behavior
ibdeditorials.com
President Obama's massive mortgage-bailout plan is nothing more than a thinly disguised entitlement program that redistributes income from the responsible 92% of homeowning mortgage-holders who pay their bills on time to the irresponsible defaulters who bought more than they could ever afford. This is Obama's spread-the-wealth program in action.