Comments on: Senate Committee Memo: Stimulus Package Cuts Include Prisons, TSA, Law Enforcement, U.S. Coast Guard And Other Beaurocracies http://guntotingliberal.com/?p=4699 Slightly Left Of Center... But Always On Target!!! Thu, 09 Sep 2010 17:51:21 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Nick http://guntotingliberal.com/?p=4699#comment-36471 Nick Sun, 22 Feb 2009 21:46:32 +0000 http://guntotingliberal.com/?p=4699#comment-36471 My range of emotions regarding this goes from violently angry to emotionally crushed and sad. Obama needs to be in a bullet proof bubble all the time. My range of emotions regarding this goes from violently angry to emotionally crushed and sad. Obama needs to be in a bullet proof bubble all the time.

]]> By: Gaia's Child http://guntotingliberal.com/?p=4699#comment-36379 Gaia's Child Sun, 08 Feb 2009 19:03:37 +0000 http://guntotingliberal.com/?p=4699#comment-36379 FANDB, You're right on the low income loans but the loans that I'm talking about happened mainly in areas such as California with the runaway home prices. Even people with respectable incomes couldn't afford the inflated prices so the loan companies helped them afford the mortages by giving unrealistic short term interest rates. According to several articles that I've read recently, borrowers would be told what income to put down in order to qualify. In other words mortage company officials purposedly falisified loan applications. All was great until the bubble burst and property prices fell to what the property was actually worth and the short term interest rates ended. Then even people with respectable incomes started losing their homes when their monthly payments suddenly went up hundreds a month and they couldn't sell because they owed more than the house was worth. The winners in this boondoggle: Builders, realtors and appraisers. The losers: Home buyers, mortage companies and us, the Taxpayer. But a lot of people made a lot of money in a short time with this ponzi scheme. FANDB, You’re right on the low income loans but the loans that I’m talking about happened mainly in areas such as California with the runaway home prices. Even people with respectable incomes couldn’t afford the inflated prices so the loan companies helped them afford the mortages by giving unrealistic short term interest rates. According to several articles that I’ve read recently, borrowers would be told what income to put down in order to qualify. In other words mortage company officials purposedly falisified loan applications. All was great until the bubble burst and property prices fell to what the property was actually worth and the short term interest rates ended. Then even people with respectable incomes started losing their homes when their monthly payments suddenly went up hundreds a month and they couldn’t sell because they owed more than the house was worth.

The winners in this boondoggle: Builders, realtors and appraisers. The losers: Home buyers, mortage companies and us, the Taxpayer.

But a lot of people made a lot of money in a short time with this ponzi scheme.

]]> By: Fandb http://guntotingliberal.com/?p=4699#comment-36378 Fandb Sun, 08 Feb 2009 16:36:46 +0000 http://guntotingliberal.com/?p=4699#comment-36378 Gaia - I agree with all you said except "but the mortage companies should not have made loans that they knew right up front were bad" - the problem with this is that the banks that did not make their quota of low income loans were often sued by various "community groups" such as ACORN. Our new president Obama was one of the lawyers in Chicago who brought a number of these lawsuits. Gaia – I agree with all you said except “but the mortage companies should not have made loans that they knew right up front were bad” – the problem with this is that the banks that did not make their quota of low income loans were often sued by various “community groups” such as ACORN. Our new president Obama was one of the lawyers in Chicago who brought a number of these lawsuits.

]]> By: Gaia's Child http://guntotingliberal.com/?p=4699#comment-36372 Gaia's Child Sun, 08 Feb 2009 05:58:16 +0000 http://guntotingliberal.com/?p=4699#comment-36372 If all else fails we can always ask the Chinese if we can keep English as our second language. Seriously, food stamps are right up there with extension of unemployment benefits. Food banks all over the country started going empty last Oct. At the very least food stamps keep the grocers, the truckers and some of the farmers going. It seems like no one really knows what will help and what won't. But we should at the very least keep a safty net for the 3,900,000 who have already been laid off and the many more thousands who will be laid off. The vast majority of these people want to work and it is not their fault that Wall Street and the major banks went for the greed instead of fiscal responsibility. Sure a lot of people should not have bought houses that they couldn't really afford but the mortage companies should not have made loans that they knew right up front were bad. But hey, those loans made them a lot of profit for a few years, especially after they started bundling the loans and selling them. If all else fails we can always ask the Chinese if we can keep English as our second language.

Seriously, food stamps are right up there with extension of unemployment benefits. Food banks all over the country started going empty last Oct. At the very least food stamps keep the grocers, the truckers and some of the farmers going.

It seems like no one really knows what will help and what won’t. But we should at the very least keep a safty net for the 3,900,000 who have already been laid off and the many more thousands who will be laid off. The vast majority of these people want to work and it is not their fault that Wall Street and the major banks went for the greed instead of fiscal responsibility. Sure a lot of people should not have bought houses that they couldn’t really afford but the mortage companies should not have made loans that they knew right up front were bad. But hey, those loans made them a lot of profit for a few years, especially after they started bundling the loans and selling them.

]]> By: The GTL™ http://guntotingliberal.com/?p=4699#comment-36366 The GTL™ Sun, 08 Feb 2009 03:10:22 +0000 http://guntotingliberal.com/?p=4699#comment-36366 In case you're wondering -- Colt PocketLite .380 with corbons. It don't print ;-) In case you’re wondering — Colt PocketLite .380 with corbons. It don’t print ;-)

]]> By: The GTL™ http://guntotingliberal.com/?p=4699#comment-36361 The GTL™ Sun, 08 Feb 2009 02:58:31 +0000 http://guntotingliberal.com/?p=4699#comment-36361 <em>"Oh wait, you’re “toting.” Never mind.</em> <strong>INDEED -- Even as I write this response ;-)</strong> “Oh wait, you’re “toting.” Never mind.

INDEED — Even as I write this response ;-)

]]> By: Fandb http://guntotingliberal.com/?p=4699#comment-36357 Fandb Sat, 07 Feb 2009 19:16:04 +0000 http://guntotingliberal.com/?p=4699#comment-36357 Why not just mail every man, woman, and child in the country a check for $3,000? It will cost the same, will avert a depression, will make everybody happy, will 'trickle up' to all the banks and corporations that need it,... I don't see a downside. Except that we (the taxpayers) will have to pay back about $10,000 in taxes for every $3,000 we receive (because only about a third of us pay taxes). But what the heck, the other two-thirds will be so happy they'll keep electing democrats for years. And this gimmick will keep working until there are no taxpayers left. You give everything you have to the government, and the government gives back what it thinks you need. A perfect system. Who said socialism is a bad idea? The perfect utopian society, created by liberals and for liberals. Truly 'Change' we can believe in! With liberty and justice for none. Why not just mail every man, woman, and child in the country a check for $3,000? It will cost the same, will avert a depression, will make everybody happy, will ‘trickle up’ to all the banks and corporations that need it,… I don’t see a downside.

Except that we (the taxpayers) will have to pay back about $10,000 in taxes for every $3,000 we receive (because only about a third of us pay taxes). But what the heck, the other two-thirds will be so happy they’ll keep electing democrats for years. And this gimmick will keep working until there are no taxpayers left.

You give everything you have to the government, and the government gives back what it thinks you need. A perfect system. Who said socialism is a bad idea? The perfect utopian society, created by liberals and for liberals. Truly ‘Change’ we can believe in!

With liberty and justice for none.

]]> By: Gib http://guntotingliberal.com/?p=4699#comment-36356 Gib Sat, 07 Feb 2009 19:01:58 +0000 http://guntotingliberal.com/?p=4699#comment-36356 Can't fault your logic on the "bad" cuts, especially education (are you sure about that spelling of "beaurocracies"?), but I think you'll regret the law enforcement cuts when things start getting out of hand during the upcoming depression. Oh wait, you're "toting." Never mind. Can’t fault your logic on the “bad” cuts, especially education (are you sure about that spelling of “beaurocracies”?), but I think you’ll regret the law enforcement cuts when things start getting out of hand during the upcoming depression. Oh wait, you’re “toting.” Never mind.

]]> By: Fandb http://guntotingliberal.com/?p=4699#comment-36355 Fandb Sat, 07 Feb 2009 18:57:11 +0000 http://guntotingliberal.com/?p=4699#comment-36355 The dat burn GOP done it! Don't really matter none that the Senate is run by democrats and only 3 o' 'dem 'publicans voted for the bill. Musta' been 'dem 'publicans agin. This is rich! The democrats are in control of everything and the lefties are still blaming them for everything. So much for 'change' and 'hope'. But can we at least have a little 'personal responsibility'??? Oh, yeah, I forgot, Personal Responsibility does not compute with liberals. The dat burn GOP done it! Don’t really matter none that the Senate is run by democrats and only 3 o’ ‘dem ‘publicans voted for the bill. Musta’ been ‘dem ‘publicans agin.

This is rich! The democrats are in control of everything and the lefties are still blaming them for everything. So much for ‘change’ and ‘hope’. But can we at least have a little ‘personal responsibility’??? Oh, yeah, I forgot, Personal Responsibility does not compute with liberals.

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