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Aug
25

This morning, I decided to turn on Face the Nation. (sigh) This is why I hate politics. They had a panel of speakers for Obama. They started drilling McCain for not knowing how many properties he owns. They were trying to say that if he doesn’t know how many properties he owns, he doesn’t need to own another house (The White House) Really? Do you really want to go there? I’m sorry that John McCain is intelligent enough to have investment properties. I’m sure he has a Property Manager as he has more to do than manage his properties. I can’t BELIEVE they want to ridicule him for this. If you ask me, that’s all the more reason McCain should be President. At least he is trying to make himself money instead standing in line at the Wellfare Office waiting for a handout. 

I think Fannie Mae should give investors a special incentive to buy these homes that are going into foreclosure. Just because there are people that were stupid enough to get an Interest Only Adjustable Rate Mortgage just so they could buy a house they can’t afford, doesn’t mean the rest of us should suffer. If these people had bad enough credit they had to get an Adjustable Rate mortgage, do you REALLY think that in the next 3-5 years they are HONESTLY going to clean up their credit so they can qualify for  a fixed rate mortgage when their ARM goes up. That’s like giving someone on a diet a Funnelcake and telling them they have to hold it all by themselves for a week and they can’t eat it. People’s habits do not change that easily.  These Mortgage Brokers didn’t care about these people they were doing loans for, all they wanted was their commission. You are responsible for your own actions. Unfortunately, America as a whole is retarded, otherwise we wouldn’t be in the shape we are in. So for us that are intelligent enough to understand what are are doing before we sign legal documentation, I believe we should be encouraged to buy up these foreclosure properties and help correct the economy. I would be more than happy to buy someone’s home and let them pay me to live there.

From what I gathered from the program this morning. The Obama Campaign wants to raise taxes for the middle class to help fund programs for the lower class. There’s an idea! Why don’t we punish the people who are actually surviving this tough economy by taking their money and make them suffer too. Let’s drag everyone down with the sinking boat.  This election is going to get ugly. It’s also going to be one of the most important elections in our country’s history. I respect people’s views. If you are a democrat, that’s your right. But please, PLEASE be sure you know what you are doing before you vote.



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