Wednesday - October 08, 2008

Short Musings on another dull debate

McCain wants the government to pony up another $300 billion to buy up your high interest mortgage, then to reissue you a new mortgage at a lower rate.

It’s over folks. The Great Experiment In Democracy. Done. Kaput. The government will now be in control of the credit industry. All property will belong to the government; either held as collateral until you pay off the mortgage, owned outright as they already do for so many millions of acres out west, or taken back whenever they feel like it thanks to SCOTUS’s idiotic Kelo decision. If this isn’t outright Communism, it’s so close that it’s only missing the red flag.



Obama came right out and said that he feels health care (aka, health insurance) is a right. A RIGHT.

Horry Clap!! No denial of coverage for pre-existing conditions, all policies somehow made “affordable” (which can only mean I’m going to be paying for a slice of yours if I earn more), penalties for employers if they don’t insure their employees, etc. So I guess the government is going to take over the health insurance industry as well as the credit industry. Why stop there? Why have Fed-Co become the one and only car insurance broker, with a one-plan fits all package? Why should you get ten times the cost coverage for your Porsche than I have for my Saturn? That’s not fair!, plus having a Porsche means you’re rich, so you ought to be penalized for that aspect too.



One or both of these candidates are in favor of putting caps on executive compensation. So one of the core concepts of the Free Market is on it’s death bed as well. Mediocrity, here we come.



Obama spent lots of time blaming Bush and McCain for the economy because it wasn’t regulated enough. And McCain ate that right up with a spoon because he agrees. WRONG!!! The whole idea of a FREE Market is that it is free: unregulated. As much as possible. Neither one of these guys wants to even mention the regulations that forced this whole mess to happen. If lending agencies weren’t forced to make suicidal loans to poor people in the first place (or have gone on a mad PC driven “equality” spree like Fannie and Freddie) none of this merde would have happened in the first place. Think of a bank. Think of a banker. What’s the image in your mind ... something like the Uncle Moneybags character from the Monopoly game? Do you really REALLY think this fellow is going to hand out unsecured high risk loans if he isn’t forced to? Hell no. Bankers are by nature arch Conservatives. Otherwise they’re out of business. Put your tuppence in the Fidelity Fiduciary Bank ... otherwise you’ll only get fat birds! - that’s the image of a proper banker we all learned as very small children.



Obama dragged out his “tax cuts for 95% of the people” meme again. Great idea, and it can work ... IF you cut government spending by around 75%. The government already loses money. It’s called Deficit Spending. That kind of behavior gets you and me arrested - it’s called passing a bad check - but it’s Ok for the feds. They’ll just borrow some more money from China or Saudi Arabia. What the hell, they’ve got all our money already, so they can afford to give us a little back. With interest of course. Cutting taxes for 95% of us? Utter bullshit. Total campaign season nonsense.



I fear for America. In “classic” terms - say, the worldview from a mid-60s perspective, McCain is a leftist Democrat, and Obama is somewhere to the left of Mussolini. Be afraid.

Posted by Drew458     on 10/08/2008 at 08:57 AM   
Filed Under: • Politics •  
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