Posted by
bobcat on Thursday, February 19, 2009 8:57:37 PM
President Obama hasn't been in office a month and the polls are showing a decline almost daily, whether it be the Stock Market or the Bond Market or just the person on the street. If the Stimulus Plan that is still being written even though the 'smartest people' in America already voted it into Law without reading the fuzzy language that is forming under..go guess maybe senator Burris' streetlamp? Ethics, transparency, credibility of this Administration is all not being challenged, with the MSM being the same go-for laughable crowd of wimp journalists.
Now we get another $75 billion homeowners give away out of the otherwise (lend to retrieve) TARP legislation; "Change We can Believe IN", right. So far this is another situation where the language is 'progressing' as it's being presented, more smart people? I wonder if this plan is affirmative action or means tested to capture the 'right folks' in distress of losing a house that the contract was for possesion until payed off with the usual caveats of non-payment writ to revert full control of property to the lien holder is a Barney Frank Santa
Claus attempt to strip the (contract owner) of their property rights without due process; or substituting a 'slim fast' process to provide what in todays environment would or could be considered a contemporary "40Acres and a Mule" Act? Even the bank analyst supreme queen Meredith Whitney speaking with Maria Bartiroma today said the banks under TARP where "pack mules under punitive capital"! Now, that is strong language from a CNBC/GE enterprise...the tide must be turning on stupid coming from the Beltway if this is eminating from a fawning crowd cable channel. It seems the new president hasn't signed enough legislation still being written to make this spend and giveaway program still just days old look like a Christmas that invited everyone to the party. Surely there is a huge National payback hangover around the revival corner. A Gotcha democrats dream runaway bus looking for a cliff.