Analysis: Some homes loans were through the roof
Between the greedy mortgage companies who broke their own lending standards, (loan to value, etc), and the borrowers who went after a loan - maybe an adjustable rate loan, with a total amount 4 times their annual income, what can you say but...
FRAUD!
This is consumer level doing exactly what corporate level was doing on Wall Street. And what do they get?
FREE MONEY.
Where is the penalty for crimes committed? And why is this now MY problem too?
25 February 2009
24 February 2009
And then there are the military contractors...
"The Navy - which is in charge of overseeing the helicopter program - reported to Congress in January that its price tag had nearly doubled. That notification triggered a formal process mandating the program be re-certified as a national security requirement by senior Pentagon leadership.
The Navy waited nearly a year before formally disclosing the information to lawmakers as it sought to find ways to keep the program within budget. Those efforts failed."
McCain questions Obama about helicopter at summit.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
And how funny that McCain is questioning the cost overruns. The Navy has been playing fast and loose with this program for over a year. Did McCain discuss this issue during his campaign? Did he have that disbelieving little look on his face over this billion+ dollar contract that was already out of control? I don't remember hearing about it. Did he ask George or Dick about it? Not sure.
This government procurement process is so out of control you'd think it was Wall Street. Apparently the Navy has had the same misconception - that American taxpayers are just sitting around waiting to throw away money - as Congress has of us.
This is FRAUD and nothing less and no penalty for doing so. Why is Lockheed-Martin not required to pay a hefty fine for every single day they don't deliver? Where is the accountability? Why is there even a contracting process when no one follows it anyway?
This system needs a major overhaul. Government contracting does not work if contracts are not honored.
23 February 2009
FUBAR - New definition for a new era
Federal Undertaking (to) Bankrupt All Responsible (people)
This relates to all and any of us taxpayers who:
Anyone else? Open to suggestions...
This relates to all and any of us taxpayers who:
- Did not refinance - despite sky high appraisals and industry "inducements"
- Did not "cash out" the roof from our homes
- Did not obligate ourselves to high interest consumer debt with the "free" proceeds
- Are now forced to pay the same price as those who did
Anyone else? Open to suggestions...
21 February 2009
Sweeping Bush under the rug....
Will Obama back 'truth commission' to probe Bush practices?
Bush & Company will never be fully investigated or exposed for their criminal and fraudulent activity. The reason given will be that the nation has too many other problems to solve.
Duh! Bush caused those too didn't he? If you leave a big enough mess behind you, you can be sure those left batting clean-up will have far too much to do to catch all your blunders.
His entire reign of stupidity was planned to work this way - right to the end...
Bush & Company will never be fully investigated or exposed for their criminal and fraudulent activity. The reason given will be that the nation has too many other problems to solve.
Duh! Bush caused those too didn't he? If you leave a big enough mess behind you, you can be sure those left batting clean-up will have far too much to do to catch all your blunders.
His entire reign of stupidity was planned to work this way - right to the end...
20 February 2009
"EARNED legalization" ??
Commentary: Time for immigration reform is now
I can't say I understand what Mr. Navarette means by the term, "earned legalization." How does one earn legality?
If I rob a bank - I go to jail. If I do my time I become an ex-con. Not sure if that's earning back legality. If I enter this country illegally and I stay below the radar long enough - I can earn legality.
This is one of the more ignorant ideas I've read on this subject.
Mr. Navarette states later in his commentary that he suggests this sudden gift from the US Government only apply to those who entered the country illegally before the year 2000.
WHAT? What about the poor illegals who entered in 2001? Who is now going to cry for them?
This whole issue is a joke and the semantics of the words "legal" and "illegal" continue to be misused and misapplied to what is actually a massive problem for the country. This is not a discussion regarding reform. It's an amnesty program - call it what it is....
I can't say I understand what Mr. Navarette means by the term, "earned legalization." How does one earn legality?
If I rob a bank - I go to jail. If I do my time I become an ex-con. Not sure if that's earning back legality. If I enter this country illegally and I stay below the radar long enough - I can earn legality.
This is one of the more ignorant ideas I've read on this subject.
Mr. Navarette states later in his commentary that he suggests this sudden gift from the US Government only apply to those who entered the country illegally before the year 2000.
WHAT? What about the poor illegals who entered in 2001? Who is now going to cry for them?
This whole issue is a joke and the semantics of the words "legal" and "illegal" continue to be misused and misapplied to what is actually a massive problem for the country. This is not a discussion regarding reform. It's an amnesty program - call it what it is....
Girl Scouts robbed while selling cookies
What can be in the mind of a person who is willing to rob third graders?
Think about it.
You see a couple of 9 year-old girls selling Girl Scout cookies outside a Walgreens. The "normal" person immediately starts thinking about their favorite type of cookie and maybe wonders how many boxes they should buy.
Not this low-life in San Antonio.
He cases the sales table from inside the store, walks up as if he is a prospective customer, grabs the money from sales the girls already made, and runs for it.
Incredible that this sub-human man decided HIS desire for an unearned $250 was more important than the effort and mental health of a few Girl Scouts. I guess we are to be relieved he didn't flash a knife or gun at them.
What can one DO with $250 these days anyway? Not much, and definitely not much that is any excuse for stealing from 9 year old girls.
I hope they catch him and throw him in jail. I'd hate to be him on the inside when the other prisoners find out about his crime. Probably a lot of "Thin Mint" lovers in there...
Think about it.
You see a couple of 9 year-old girls selling Girl Scout cookies outside a Walgreens. The "normal" person immediately starts thinking about their favorite type of cookie and maybe wonders how many boxes they should buy.
Not this low-life in San Antonio.
He cases the sales table from inside the store, walks up as if he is a prospective customer, grabs the money from sales the girls already made, and runs for it.
Incredible that this sub-human man decided HIS desire for an unearned $250 was more important than the effort and mental health of a few Girl Scouts. I guess we are to be relieved he didn't flash a knife or gun at them.
What can one DO with $250 these days anyway? Not much, and definitely not much that is any excuse for stealing from 9 year old girls.
I hope they catch him and throw him in jail. I'd hate to be him on the inside when the other prisoners find out about his crime. Probably a lot of "Thin Mint" lovers in there...
19 February 2009
Some illegal immigrants might get stimulus-related jobs
More of the same. Condoning and promoting illegal immigrants with more taxpayer dollars.
18 February 2009
If you're illegal - feel "profiled"
"Study faults local immigration enforcement"
I could have guessed this article was written by the same reporter for the Raleigh (NC), News & Observer newspaper.
Every single article she's ever written is pro-immigration and she seems to have no problem supporting illegal immigrants as well. She's part of the overall problem with the immigration issue in this Country - there is NO mental break between "legal" and "illegal."
Ms. Collins latest effort is to publicize a recent study conducted by UNC law students and members of the ACLU. They have decided the 287(g) program is just not fair to Hispanics.
If I was a Hispanic, legally in this Country, I would be more interested in getting the illegal Hispanics OUT of the Country than being concerned about 287(g). If there were not so many issues with illegal immigrants of Hispanic origin, legal Hispanics would not have to worry about 287(g) policies or profiling.
Not being Hispanic and living in an area with a huge Hispanic population for which the County Board of Commissioners just decided to NOT work the 287(g) program, I am more than worried - I'm furious.
I am at high risk of being involved in a vehicle accident with someone who has no valid driver's license and no insurance. "Oh well", say the Board of Commissioners.
My property "revaluation" has just jumped a considerable amount - partially to fund more local schools while the non-Hispanic population of school-age children in the County is decreasing. Hmmmm.....
The County will now all but look the other way when a Hispanic is involved with any sort of criminal activity. This is an implied stamp of approval for illegal immigrants and illegal behavior. I call it reverse discrimination - of ALL legal citizens - of ALL ethnic origins.
I find it humorous in an annoying way, that illegal people feel profiled. Other criminals are profiled - then they make a television show about it....
I could have guessed this article was written by the same reporter for the Raleigh (NC), News & Observer newspaper.
Every single article she's ever written is pro-immigration and she seems to have no problem supporting illegal immigrants as well. She's part of the overall problem with the immigration issue in this Country - there is NO mental break between "legal" and "illegal."
Ms. Collins latest effort is to publicize a recent study conducted by UNC law students and members of the ACLU. They have decided the 287(g) program is just not fair to Hispanics.
- There would not be a 287(g) program if not for the overwhelming number of illegal Hispanics in the US.
If I was a Hispanic, legally in this Country, I would be more interested in getting the illegal Hispanics OUT of the Country than being concerned about 287(g). If there were not so many issues with illegal immigrants of Hispanic origin, legal Hispanics would not have to worry about 287(g) policies or profiling.
Not being Hispanic and living in an area with a huge Hispanic population for which the County Board of Commissioners just decided to NOT work the 287(g) program, I am more than worried - I'm furious.
I am at high risk of being involved in a vehicle accident with someone who has no valid driver's license and no insurance. "Oh well", say the Board of Commissioners.
My property "revaluation" has just jumped a considerable amount - partially to fund more local schools while the non-Hispanic population of school-age children in the County is decreasing. Hmmmm.....
The County will now all but look the other way when a Hispanic is involved with any sort of criminal activity. This is an implied stamp of approval for illegal immigrants and illegal behavior. I call it reverse discrimination - of ALL legal citizens - of ALL ethnic origins.
I find it humorous in an annoying way, that illegal people feel profiled. Other criminals are profiled - then they make a television show about it....
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