THE HOUSE OF CARDS STILL HAS SOME STEAM!
And....
Check this out. I’ve run the numbers myself. Feel free to double-check them.
The federal government will spend approximately 1.5 - 1.7 trillion for the TARP / Stimulus extravaganza. The entire crisis was caused by the burst of the housing bubble, which brought about the credit crisis, etc.
There are approximately 80 million homeowners in the United States. Approximately 40% of Americans own their homes outright (no mortgage).
That leaves 48 million homeowners with mortgages.
Divide 1.7 trillion by 48 million and you get about $35,000.
The FEDS could have literally given every American with a mortgage a voucher for $35,000 to apply to their mortgage. For the “poor victims” who are nearing foreclosure, that could mean avoiding foreclosure (If $35,000 doesn’t keep you from being foreclosed on, you are probably in some serious sh*t).
For the people who pay their mortgages on time, it would mean a huge chunk of equity.
Now, I’m not saying this is a good idea. It’s probably not. But don’t you think that giving every single homeowner $35,000 of equity would solve this “crisis” a hell of a lot faster than continuing down the moronic road of repeated bailouts and new government entitlements.
It’s mind-boggling what our politicians are doing to the United States of America. What’s even more amazing is the flacid, pathetic response of the weak-minded American public.
stickety on February 19, 2009 at 8:54 PM
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GREENHOUSE GASES ARE LARGELY WATER VAPOR SO THE GOVERMENT FEELS BY REGULATING A SCAM MOVE BY TAXING AND SCREWING ALL...ALL...
ALL I SAY COMPANIES THAT USE FUEL.
CONTROL-CONTROL AND MORE CONTROL! GET WHAT NOBAMA IS DOING TO US YET????
THE FIX IS IN!
DO YOU USE GASOLINE IN YOUR CAR? RELEASE SOME CO2 and YOU WILL BE TAXED!HEAT YOUR HOME? MORE TAXES! OWN A COMPANY THAT IS FUELED BY ANY CARBON SOURCES? TAXES! TAXES TAXES AND MORE TAXES! I HAVE BEEN SAYING THIS FOR MONTHS ABOUT THIS CARBON USAGE AND CARBON TAX CREDIT SCAM!
CO2 IS NOT A POLLUTANT!! ITS JUST A WAY & A LIE..TO CONTROL YOU!
--------------------------------------------------------------http://www.steynonline.com/content/blogsection/14/128/
In healthy democracies, the media is a watchdog over the government.
In the soft tyranny of Canada's (READ SOON US OF A) human rights commissions, the government is the watchdog over the media.
In the soft tyranny of Canada's (READ SOON US OF A) human rights commissions, the government is the watchdog over the media.
http://news.yahoo.com/s/ap/20090219/ap_on_re_eu/eu_eu_czech_skepticism_1
WHATS NEXT? OH HEALTH CARE! WE ARE SO SCREWED IN ONLY 100 DAYS!!!
QUOTE ME!
The feminist agenda is not about equal rights for women. It is about a socialist, anti-family political movement that encourages women to leave their husbands, kill their children, practice witchcraft, destroy capitalism and become lesbians.
— Pat Robertson
— Pat Robertson
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