| With foreclosure season just getting underway in the | | | | such matters as the firing of judges by the Bush |
| economy as the housing bubble has begun its | | | | administration for potentially political reasons, while the |
| unsurprising collapse, it bears some thinking about the | | | | Bush administration has done everything they can to |
| current state of the middle class of America, which | | | | prevent anyone from associating the word |
| has been the hardest hit by the drops in housing | | | | "accountability" with their acts. They have even gone |
| values. Record foreclosure rates, a record credit | | | | so far as to declare the vice president's office as |
| bubble, and predatory lending and financial practices | | | | above the law and not a part of the Executive Branch |
| dominate the current economic climate, while many | | | | of the government, a decision which the implications of |
| homeowners are finally beginning to wake up to many | | | | would have clearly reminded the founding fathers and |
| of the discrepancies between what they expect from | | | | framers of the Constitution exactly what kind of |
| their government and the market, and what they are | | | | tyranny and unaccountability they had just won their |
| actually getting. | | | | freedom from. But this is all just political maneuvering |
| The record foreclosure rates were a direct result of | | | | on each party's part and another bit of diversion, just |
| the wild inflation that was used to stimulate the | | | | as the Amnesty Bill for illegal immigrants, a bill that |
| economy after the tech bubble burst in 2000 and the | | | | nearly 90% of Americans are against, is one of the |
| events of 9/11/2001. The Federal Reserve created | | | | last nails in the coffin of American sovereignty before |
| massive amounts of money, literally flooding the banks | | | | dissidents from the American Union who are not |
| with this cheap liquidity created out of nothing. The | | | | carrying their Real ID cards are bussed along the |
| banks, in turn, lured in every consumer who could sign | | | | NAFTA superhighway from one Halliburton detention |
| their own name and was intelligent enough to lie on a | | | | center to another. |
| mortgage application (but was not intelligent enough | | | | Furthermore, to the war. No Congress in recent history |
| NOT to lie), giving out trillions of dollars of loans with | | | | was elected with a stronger mandate from 70% of |
| introductory interest rates on houses that were worth | | | | the American people than the Democrats were to |
| far less that the amounts loaned. Everyone in Suburbia | | | | "End The War." Just stop the war, stop funding it, bring |
| had a house worth half of what they bought it for, paid | | | | the troops home, and get out of Iraq. The peoples |
| for with a mortgage payment one-half what it would | | | | reward for giving the Democrats control of Congress? |
| be in a couple of years, a couple of SUVs that cost | | | | A big fat check with no strings attached was written |
| them $20.00 in gas to drive to the nearest strip mall, | | | | to allow the administration to keep on funding the war |
| and hundreds of thousands of dollars worth of | | | | indefinitely: more killing of American soldiers, more |
| promises to repay money that had not even existed | | | | carnage of Iraqis and by Iraqis, and more contracts for |
| until they agreed to pay it back. | | | | the government's favorite companies. |
| And then, when every homeowner knew their home | | | | Where did they get this money from, and who gave it |
| would double in value in a few years and they would | | | | to them? They certainly did not get it from the |
| be able to borrow more money to pay back what the | | | | American people, who specifically instructed the |
| loans they already had -- it all collapsed. Incredibly, | | | | Democrats to end this expensive, needless war. And |
| borrowers who had no income could not afford to | | | | here is where we come back to where we began. |
| make payments, and the banks finally caught on to | | | | The government authorized the no-strings-attached |
| that eventuality, long after the point of no return. | | | | check, sent it to the Federal Reserve; and the Fed, |
| Energy prices increased, homeowners lost jobs and | | | | once again, created the money out of nothing to be |
| faced medical problems, and multinational firms ate up | | | | given to the administration to wage a war of |
| local jobs, shipped them overseas, and returned them | | | | aggression on the people of another country who do |
| in the form of Wal-Mart greeter positions to be staffed | | | | not want us there. |
| by the elderly and desperate. | | | | The last time, and every time, we have allowed the |
| Representatives of the government and celebrity | | | | Federal Reserve to print the money, nothing has |
| government wannabes/has-beens have brought their | | | | happened to prevent the resulting bubble from inflation |
| false promises and hollow threats and aimed them | | | | and speculation. Once the bubble bursts, it is the middle |
| directly at the companies they helped put in power and | | | | and lower classes that suffer the most from the |
| whom they gave the opportunities to abuse | | | | rampant inflation and loss of jobs. These are the very |
| consumers. Let the Federal Reserve create an | | | | same Americans who dutifully elect politicians to |
| enormous credit bubble and then make filing | | | | protect them from abuse and who continue to trust in |
| bankruptcy more difficult. Allow banks to lend out | | | | the inherent goodness of America, but who are so |
| ridiculous sums of money that they knew would never | | | | often betrayed by the very people they elect and the |
| be paid back, and then suggest the Federal Reserve | | | | very businesses that they patronize. |
| be put in charge of overseeing the lending industry. | | | | In all fairness, there is a lot of goodness in America, |
| Now that it is abundantly clear that Americans have | | | | and the messages of personal freedom and liberty |
| been encouraged, tricked, and propagandized into | | | | are still very powerful, both domestically and |
| spending every dollar they earn on borrowed | | | | internationally. But when psychopaths and cowards |
| consumption, what options are left? For most | | | | are put in powerful government positions, then |
| consumers, it seems to be continued consumption to | | | | psychopathy and cowardice will begin to corrupt and |
| the breaking point, often ending in foreclosure or | | | | alienate the system from the people who created the |
| bankruptcy after trying to work more or take on a | | | | government to act in the best interests of the country. |
| second job or sell assets, or simply losing faith in the | | | | When these same psychopaths and cowards leave |
| entire system and looking for some way to escape | | | | government, only to be replaced by other psychopaths |
| the fate that has been decreed for them, or even | | | | and cowards, and join private businesses, the |
| more simply wishing for the government's help and a | | | | corporatocracy that exists now at the highest levels |
| free handout. Once they have borrowed all they can | | | | of government are given free reign to continue the |
| with impossible promises to pay back the debt, the | | | | abuse and propagandization of the people. |
| next logical step is simply to ask for money with not | | | | The current problems that homeowners face, whether |
| even a requirement that it ever be paid back. | | | | it be job insecurity, high medical costs, or even |
| So, what is the government doing to protect their | | | | foreclosure, will not be solved by free handouts from a |
| constituents? Well, so far this year, all we have had is | | | | monolithic government that will protect consumers |
| diversions as entertainment, playing catch-up from | | | | from predatory businesses. The businesses became |
| previous years of abuse, and actions that are in | | | | predatory at the will of the government and by the |
| defiance of the will of 90% of the American people. | | | | same people who used to work in government, now |
| Oh, and the continuance of a couple of wars that 70% | | | | work in government, or will work in government in the |
| of the American people are now against. | | | | future. Homeowners have only themselves, their own |
| There have already been numerous presidential | | | | families, and their local communities that may be willing |
| candidates debates for an election that is a | | | | to help them face the systemic problems and find |
| year-and-a-half away. What a great way to keep | | | | solutions that benefit everyone and keep wealth in the |
| everyone focused on Hillary, Obama, Giuliani, McCain | | | | family and community. |
| and all of the other corporate spokespeople and away | | | | This is not a pessimistic message, but possibly the |
| from the fact that all of these candidates have been | | | | most liberating one of all. Instead of relying on a |
| bought out by the very same companies enacting the | | | | government that has continuously proven itself to be |
| financial devastation on homeowners and consumers | | | | untrustworthy and predatory in nature, people are |
| right now. Sometimes the easiest place to hide dozens | | | | given the freedom to affect and alter their own lives, |
| of conflicts of interest is right out in the open, on TV, | | | | without having to wait for a change. Change does not |
| twenty-four hours a day. Will we have our first | | | | come gradually, by small steps every few months. |
| Socialist woman president or our first Authoritarian | | | | Change occurs in great leaps and bounds, and the |
| thug former mayor? Stay turned for 18 months and | | | | most significant change a person can make is simply |
| find out! | | | | to take responsibility for his or her own life. |
| The Democratic Congress has also been looking into | | | | |