Einstein on Government Mortgages
Albert Einstein reasonably conjectured that someone who repeats the same behavior expecting dissimilar outcomes must be insane. Based on a recent decision by President Barack Hussein Obama’s Department of Urban Affairs, HUD, everyone in that godforsaken department must be raving maniacs.
Hot on the heels of the 2008 mortgage debacle caused by the government and the resultant near-economic collapse of Western civilization caused in large part by our Democrat leadership and minions’ endorsement and insistence on the “right” of everyone to ”own” their own homes whether they could afford to own their own homes or not, whether they had the slightest inkling on what home ownership entails or not, the Obama powers-that-be are now pushing yet another billion dollar mortgage boondoggle.
Granted, a billion here, a billion there for a near-bankrupt nation doesn’t represent even a hearty spit into an overflowing cesspool but referencing the anarchic drivel espoused by the Beatles in a much different context, “When will they ever learn?” applies in spades to the Obamians.
When it came to inter-personal relationships, Einstein was a doofus but with regard to what constitutes insanity he was right on the mark.
The chubby hand of Massachusetts’ scandal-ridden, teflon-coated Rep. Barney Frank and the Connecticut slickster, retired Sen. Chris Dodd, who deftly manipulated the mortgage and bank collapses, aren’t involved in the latest taxpayer scam but HUD is taking up the slack . . .
(Read more at http://www.genelalor.com/blog1/?p=4853)
Showing posts with label mortgages. Show all posts
Showing posts with label mortgages. Show all posts
Wednesday, June 22, 2011
Wednesday, January 19, 2011
Obama's Catch-22's
Obama's Catch-22's
The essence of the inescapably insane logic confronted by Capt. Joseph Yossarian in Catch-22 was that if he didn’t want to be killed he had to be sane and since he was technically sane he had to continue to insanely risk his life. Catch-22′s in the Obama administration may not necessarily involve life and death situations but they are nevertheless comparably insane.
Under duress from the new, business-friendly Republican majority in the House and from one of his nemeses, the United States Chamber of Commerce, the business-unfriendly president has ordered a review of regulations that place “unreasonable burdens on business,” regulatory burdens the USCC has labeled a “tsunami.”
So far, so good. Less government always means better government, as Jefferson believed.
Then, lest he erode his leftist support which would much prefer the government control and conduct all business in America, the president dropped his catch-22 executive order bombshell which seeks “the right balance.” That balance between the tsunami of government regulations and a free market would necessitate more government regulations. . .
(Read more at http://www.genelalor.com/blog1/?p=3444)
The essence of the inescapably insane logic confronted by Capt. Joseph Yossarian in Catch-22 was that if he didn’t want to be killed he had to be sane and since he was technically sane he had to continue to insanely risk his life. Catch-22′s in the Obama administration may not necessarily involve life and death situations but they are nevertheless comparably insane.
Under duress from the new, business-friendly Republican majority in the House and from one of his nemeses, the United States Chamber of Commerce, the business-unfriendly president has ordered a review of regulations that place “unreasonable burdens on business,” regulatory burdens the USCC has labeled a “tsunami.”
So far, so good. Less government always means better government, as Jefferson believed.
Then, lest he erode his leftist support which would much prefer the government control and conduct all business in America, the president dropped his catch-22 executive order bombshell which seeks “the right balance.” That balance between the tsunami of government regulations and a free market would necessitate more government regulations. . .
(Read more at http://www.genelalor.com/blog1/?p=3444)
Wednesday, September 16, 2009
Obama's ACORN III
Obama’s ACORN III
Parts I and II of “Obama’s ACORN” dealt with our president’s pre-presidency, unseemly associations with the smarmy Association for Community Organizations for Reform Now and the group’s excursion into tax evasion, cop evasion, pimping, prostitution, and Latina pedophilia.
There’s more on ACORN’s rap sheet, much more, including its involvement in the sub-prime mortgage debacle and subsequent implosion of the banking industry.
As the waters roil around ACORN–being dumped as 2010 Census volunteers, the Senate voting 83-7 to defund the organization, and a fourth ”pimp video” surfacing, http://bit.ly/1uADKY– there’s a glimmer of hope that, finally, a full-scale congressional investigation will be launched to look into just how corrupt ACORN is.
It’s only a glimmer given Obama’s long association with the group and given the fact ACORN serves as a virtual sub-section of the ruling Democratic Party, but hope springs eternal.
One area of the group’s activities has been overshadowed by recent developments even though its involvement has cost the American taxpayer hundreds of billions of dollars.
Among its various other enterprises, ACORN maintains its own mortgage company, AHC, which touts its affiliations with the largest banks in the country. It was thanks to those affiliations, and pressures exerted on those banks that AHC contributed mightily to the collapse of the mortgage industry. . . .
(Read the rest at http://genelalor.com)
Parts I and II of “Obama’s ACORN” dealt with our president’s pre-presidency, unseemly associations with the smarmy Association for Community Organizations for Reform Now and the group’s excursion into tax evasion, cop evasion, pimping, prostitution, and Latina pedophilia.
There’s more on ACORN’s rap sheet, much more, including its involvement in the sub-prime mortgage debacle and subsequent implosion of the banking industry.
As the waters roil around ACORN–being dumped as 2010 Census volunteers, the Senate voting 83-7 to defund the organization, and a fourth ”pimp video” surfacing, http://bit.ly/1uADKY– there’s a glimmer of hope that, finally, a full-scale congressional investigation will be launched to look into just how corrupt ACORN is.
It’s only a glimmer given Obama’s long association with the group and given the fact ACORN serves as a virtual sub-section of the ruling Democratic Party, but hope springs eternal.
One area of the group’s activities has been overshadowed by recent developments even though its involvement has cost the American taxpayer hundreds of billions of dollars.
Among its various other enterprises, ACORN maintains its own mortgage company, AHC, which touts its affiliations with the largest banks in the country. It was thanks to those affiliations, and pressures exerted on those banks that AHC contributed mightily to the collapse of the mortgage industry. . . .
(Read the rest at http://genelalor.com)
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