September 22, 2008

Just a Thought About Economic Plans

I am all for Barak, and all for Main Street rather then Wall Street However, I don't think that homeowners facing foreclosure are completely "innocent"--they made bad financial decisions and they should have some consequences. (They are only innocent in that they were allowed to have for a while what they cannot afford; but all any of us have is only given to us temporarily.) I don't think homelessness is what foreclosed homeowners deserve, but neither may be staying in homes they cannot afford. Things change--it happens--roll with it. I have not bought a home, or ever foresee doing so, because I know I can not afford it. I have been evicted, once, and I have lived in my car--you do survive. I don't think individuals should be bailed out for bad decisions any more then Wall Street should--unless it serves a purpose of bettering the whole community, and in some cases keeping people in their homes may do that. We have to learn to accept that we can not all have everything we want. There is enough wealth in this nation for all to have what they need-which may not be the same as want. Let us all be reasonable. If we must have a bailout it should be for families and not banks--Main Street not Wall Street. Ussery is immoral--scripture has told us this for several thousand years--if we continue to base our economy on lending and charging interest, then of course we are headed for disaster! Duh!
What we really need is an interest moratorium!

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