Tuesday, October 7, 2008

Tuesdays Yawner

Fox News PhotoIt might be that my expectations were higher than they should have been, but in total, I thought Obama was the sharper of the two. I did not like his answers, but Obama did a much better job of articulating his position than did McCain.

McCain had a lot more riding on this debate than Obama because he is slipping in the polls. But McCain cannot get past his 'reaching across the aisle' crap to demonstrate his willingness to bargain with the Liberals. McCain's inability or unwillingness to take on the failed Liberal agenda is maddening. Obama left McCain several hanging curve balls but instead of home runs, we got whiffs. Whiffs will not win the election. I want to tell McCain that he has to win the election first, and then he can reach across the aisle and bargain over his ideas.

I have a feeling of dread about this election. McCain is uninspiring; in fact, he is downright depressing with his stands on several important topics.

The Economy: Lawmakers have the duty to set and enforce the rules of fair play for business. In other words, maintain the framework that assures us of integrity from those with whom we do business. But it is not the job of Lawmakers to try and legislate the economy. As a citizen, all I expect is honest value from the people with whom I do business. The rules, as mandated by our laws, should take care of the charlatans and those trying to make a quick buck from unsuspecting customers and those who would seek to monopolize a segment of our economy. Remember, the Congress has no money. They have to take your money to do anything. They use your money, sometimes wisely, and sometimes foolishly. McCain apparently has gone over to the dark side with his new proposal to buy up the bad mortgages and renegotiate the loans at the depressed house value. Is he nuts! He wants another $300 billion dollars from the taxpayers to prevent those people from losing their homes. That is not the purpose of Government.

What I expect is for the Government to investigate and prosecute those moneylenders who have broken the law and make an example of them. Whenever investigations start, you never know where the trail leads. Responsible parties start pointing fingers when subjected to investigation. Hopefully, the investigation will be thorough and we can get to the bottom of why and how our economy crashed.

The suggestion by McCain to effectively nationalize bad housing mortgages is outrageous. Most of the people who actually moved into one of these homes, as opposed to the many that were bought and sold by house-flippers, do not have anything at stake in those homes, they moved in with no down payment, did not pay on their mortgage and lived rent free in a nice home for a number of months. Where is their complaint? The only help I would offer them would be to not let the foreclosure count against their credit rating, if they have one worth protecting. The suggestion by McCain that we would buy that bad loan, reappraise the value of the house, and renegotiate the loan for them is patently ridiculous. Of course, the taxpayer is on the hook for the difference in the two values. The next question is, how is the new value assigned? Will the owner's ability to pay influence the new value or, the value of the surrounding properties?

Questions, questions, but it is our money and I am tired of politicians milking the public for their personal gain.

Global Warming: Global warming is another boondoggle. By February of 2009, the global warming nuts will have to crawl back under the rocks that they came from. Man made global warming is a populist theme that has no scientific backing and it gets tiresome hearing these nuts spewing their ignorance about something that they have no knowledge. And it looks like McCain has swallowed the theme hook, line, and sinker. We are going to have a lot of trouble this winter and I have been trying to warn anybody who will listen that the people in the Northern climes need to make careful preparations for what is to come. I have at least two pieces on this blog site detailing the fallacy of manmade global warming, and it would be in your interest to read them.

Truthfully, if not for Sarah Palin, I would sit this election out. Sarah needs the time in Washington to be ready to run for the Presidency in 2012. At least she doesn't mind standing on her hind legs and defending principle. "Hello, Hillary, can you hear footsteps?"

The debate was dreadful and depressing. Maybe tomorrow I will have a better outlook, my interpretation of the debate could be wrong you know.

Cheers,

-Robert-

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