Posts Tagged ‘mortgages’

Obama’s “Mortgage Address,” Mesa, Arizona 18 Feb 2009

Wednesday, February 18th, 2009

I sit maybe 8 miles from the high school where Obama addressed the nation earlier this morning.  While Obama proffers another safety net, it raises concern regarding fairness.  It raises more questions than answers.  For one, when is it fair to bail out one and not another?

 

This reasoning and questioning is endless.  However, allow me to reduce it to one factor:  Any government intervention will result in more disorder and the future looks bleak.

 

While those decrying Bush’s policies roar, it sounds hollow, almost shrill. After all, it appears Obama is continuing what Bush began and Bush prepared the way for Obama rather well.  Certainly, the interferences of each on the markets are having untoward effects.

 

One thing about the market, it always corrects itself.  That is, when we leave it alone long enough to establish equilibrium.  But as long as we mess with it and “fine tune it,” we further delay the inevitable forces of the market achieving equilibrium.  That is, if we really have a free market, if we really have Constitutional money, and if we really have sound policy.

 

Policy, policy, policy!  I thought what mattered most were “principles.”

 

Rather than grow government and expand government with new programs and policies, maybe we should try going back to the Constitution and its sound principles?  Maybe if we cut government, especially the Federal government and return to our Constitutional roots, this might all work out in short order.

 

In fact, let me make a prediction: 

 

If we went back to a limited central government and abided by our Constitution, we could easily work our way out of these messes and into a healthy, vibrant economy that is secure within two years.

 

But if das Führer continues running up our tab with $5,000 a night lodging in Scottsdale, we might all end up on the streets!  Except the bankers, as Federal employees, they should afford roofs over their heads.  Obama’s “Mortgage Address” and his promises were the deception of the day—while the real deal of the day was nationalization of the banks!

 

Welcome, comrades, to the Soviet Socialist States of America!

 

I never dreamed I would live to see the Golden Days of the USA and our well engineered destruction from within!