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Posts Tagged ‘Politics’

I am sitting in Minnesota right now at a hotel as I write this. Tomorrow, I will have to check out and move to another hotel because this one is completely booked solid and they have decided not to honor the remainder of my reservation. Why is this happening? Because in a couple of weeks, the Republican National Convention will be taking place less than five miles from here and the campaign workers are already starting to arrive and apparently the RNC is paying more than I am.

This has forced me to reflect on the last eight years, what they have meant for me and our nation. I have also put some time in thinking about what lies ahead for my country. And while reflecting on this latter point, I must state that I cannot believe how poorly the Democrats have failed America this time around.

I think its safe to say we’re all going to get to endure John McCain as our next president for a variety of reasons. Polls are now showing that Obama has fallen behind McCain. If the elections were to be held today, McCain would be the guy. First of all, the Democrats insist on appointing the wackiest of two very wacky candidates. Hillary had alot of issues to overcome to be electable, including distancing herself from her controversial husband who Democrats like to pretend only committed the misdeed of having his carrot waxed by an intern when we all know there was more to it than that.

Obama on the other hand, had far more issues to overcome. The first big issue is his complete and total lack of experience in running, well, anything. Could he lead the country? Many, myself included, have their doubts. Why do we have these doubts? Because he has not proven he can run anything in the past. Another major issue is his lack of a plan. He has all kinds of ideas (which he talks about in his many speeches using big words and charm) but he never gets around to talking about his plans. If you listen to him talk, its all noise and buzz words. He’ll reduce our dependence on foreign oil by supporting alternative energy. That’s great, but how does he plan to do it, exactly? Is he going to offer subsidies, a tax break, fund programs, pray for a reduced dependence on foreign oil, cast a spell on Shell, something else? And herein lies the issue. Ideas with no plan to make them reality. Crap in one hand and put ideas in another, see which hand fills up quicker. Ideas are great, but without a detailed, workable plan to implement them they aren’t worth even so much as a red cent.

Then there is the small issue of running a black guy for president in the first place. And yes, for all you who want to whine that race doesn’t matter, I am here to tell you it does matter. Plenty of people will not vote for a black president right now. They are simply not ready. Whether that is unfair or right is beside the point. And everyone knows this, yet we all – for the sake of political correctness – bury our heads in the sand about this and run the guy anyway. And in our rush to not offend anyone and always remain vigilant in our task to remain politically correct, we rush to give this guy the ticket and let him run for the gold. The principle of affirmative action may be acceptable for deciding college admissions applications (well, not really, but for the sake of argument…) but it should not be tolerated or acceptable when choosing someone to lead a nation. Especially a nation like ours that is in trouble.

I am confident of only a few things, but one thing is my unwavering confidence in the fact that the voters in this country will get the government they deserve this November. People in this country are so damned stupid. Like a flock of sheep, they have allowed the masters of deception (those who run political campaigns) to herd them up and distract them with every non-issue under the sun from abortion to gay marriage while they are busy plundering our country, diluting our sovereignty and making the almighty dollar damn nearly worthless. Good ideas for solving these problems go ignored and unconsidered. What happens to sheep that allow themselves to be herded up enough times? They get slaughtered. And that’s exactly what is gonna happen to the US taxpayer when McCain gets in. He’ll make the Bush dynasty look like a picnic.

I don’t consider myself a member of any of the political parties anymore. I don’t know if putting a Democrat in would fix the problems we face. I don’t think anyone knows and we could debate that until Armageddon. But I am certain that we need a break from the Republicans for at least four years. And this is where we get to the charge I leveled at the Democratic Party – collectively and as a whole – of failing our country in the most miserable and pathetic manner possible. You see, it is the job of the Democratic Party to present us with a viable candidate when an alternative to the Republicans is needed like . And instead, they gave us Barrack Obama. Perhaps the most unelectable candidate they could have found anywhere after diligent search and inquiry.

Its pretty much a sure thing that we’ll all get to endure John McCain. But we can thank the Democrats for making it so. All they had to do this time was present a viable, electable candidate because so many people are so fed up with the Republicans it should be child’s play. But instead, they gave us Barrack Obama.

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Well, is this any surprise? George Bush helping out some of his fellow rich friends by attempting to bail out the mortgage industry from its self-created mess. I honestly cannot claim to be surprised. After all, he already saddled taxpayers with a $15 billion dollar bill for the bailout of the airline industry after 9-11. While the rest of the country was morning the loss of thousands, the US airline industry was busy lobbying Bush and his minions for billions in the form of a federal handout. And of course, they got it: at our expense.

And like most things, its monkey see, monkey do. The mortgage industry now seeks this stupid bailout at our expense because of poor investment choices they have made. The calls for the bailout have been more fervent as IndyMac Bank failed. Whats intresting about the IndyMac failure is how despite the fact that the bank is insolvent, there is still plenty of funds to pay the former executives for thier services rendered (i.e. running the bank into the ground) at IndyMac.

For years the mortgage industry has given anyone who can sign a promissory note a loan, many of the products with bloated balloon payments and other such things. Then they are absolutely astounded when folks cant pay for the loans. There is a reason why these people did not qualify for loans under the old rules and it didn’t have anything to do with the color of their skin. It was because they were a bad credit risk.

Then there is the no-so-small issue of real estate appraisers who continueally overvalue real property, causing banks to write loans for far more than a given parcel and structure is worth. While the linked article is a paticularly agregious example, this has been going on for a while. In some areas, appraisers have been able to generate growth in the value of homes north of 10% a year. While it is true that they arent making any more land, the population is not expanding so fast that it warrants the value of homes doubling every decade. Of course, this makes homeowners feel good that thier home is gaining value even as it gets older.Except that it is not real value, its artifically inflated value.

What we ought to do instead is sit back and watch the fireworks as the industry implodes. We should not bail it out. Its not the government’s job to bail out businessmen who make stupid decisions. Nor is it the job of government to compensate for stupidity on the part of home buyers who bough more house than they could afford or bought at prices that failed to reflect the true value. And yes, this would leave alot of people homeless and some investors screwed, but thats fine with me. After all, I bought a modest property that was within my means and properly setup the buying arrangement so that it is owned by a corporation that leases it back to me providing assert protection and personal liability. I shouldn’t have to pay (through taxes) for the stupidity and/or poor choices of others.

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