David Kay Johnson said on Democracy Now today that he talked with twelve bus drivers in Stockholm and everyone owned two homes outright, free, and clear. An example how they don’t waste their resources on the military and the rich.

Sweet!

I appreciate the response and I can understand your inability to comment on it having not heard it yourself.

McCain just pulled this proposal out for the first time last night. I think he’s just trying to appear like he’s doing something productive.

Unfortunately, I wasn’t able to see or hear that part of the debate, so I can’t really give you any intelligent comments on what either candidate said. As far as McCain’s statement about wanting “the Treasury to buy bad mortgages to keep people in their homes”, I would have to know more details. Would the Treasury buy the bad mortgages and renegotiate the loans with the debtors to decrease the likelihood of default? Would this mean the creation of another government agency to handle this activity?

And, of course, I don’t know what Obama said at the debate, so I had to go to his website to find out his positions on the matter. His website doesn’t really address what to do with the current crisis, although his site contained more content about homeowners than McCain’s did. However, Obama outlined a number of good ideas on how to mitigate this problem in the future, such as making the sub-prime industry far more accountable than they currently are, making the mortgage process easier for people to understand what they’re getting into, and allowing bankruptcy courts to restructure mortgages just like they restructure other debts — which are ideas I can get behind.

But what about the many people who are in a bad situation now? Something needs to be done, and if no private industry steps up to the plate to help out, it may have to be our government. However, I would hope that government intervention would be a temporary condition, until the crisis has passed. And then add more accountability and oversight to the mortgage industry to lessen the chances of us being in this mess again.

So why are people finding themselves unable to make their mortgage payments in the first place? Even people who responsibly buy homes they can afford can fall victim to job loss and/or huge unexpected medical bills — the two biggest reasons for bankruptcy today. The risk of job loss will always be with us, but establishing a universal health care system will remove that factor in wiping people out financially.

You’ll find it interesting.

As I was watching the debate last night, one of the first things mccain said was that he wants the Treasury to buy bad mortgages to keep people in their homes.

I couldn’t help but think of you because you seem to resonate this exact point over and over. Ironically, you note again today.

So whats your opinion on McCain’s proposal? Are you more in favor of McCain on this issue than Obama?

I’ll note, I’m not in favor of it. Way too much government intervention. I have no issue with the gov’t working at a macro level, but to be managing individual mortgages is beyond the scope of the federal gov’t. Plus the financial crisis were currently in has moved far beyond bad mortgages anyway, so it won’t even solve the problem anyway.

Thank’s for the witchie stuff DRxJ…Odd how few in the world really know about witch’s…All they see is the Hollywood film type junk and the commercialism around all the holiday’s that the christian’s stole to sell their fear and sell more stuff….

In closing may I repeat for the benefit of all witch’s….No war has ever been started by a Wiccan or in the name of Wicca or a witch, ever…The witch creed is ” Do as you choose but harm none”…

Good work all and Thank you for posting, with your help my education is improved daily…..P.B. & J

It’s official….I may never sleep again.

Give me some context here please.

Obama 73.5%

McIIIrd 26.3%

Looks like McIIIrd has just about tied himself with Bush’s approval rating!

you will be flagged with EVERY spamming asswhole!

Let him practice on McIIIrd.

Obama should ask him why is he keeping this to himself?
____________________________________________________________

McCain claims that he is “talk(ing) softly and carry(ing) a big stick”, and thinks it’s a bad idea to reveal strategy to the enemy (announcing that you are going to attack someone is verboten, apparently — except in the case of Afghanistan, Iraq, and Iran). I guess this principle covers not only attacking other nations, but fixing the economy and other problems.

What it really means is “I have no f**king clue, but I’m desperately trying to create the illusion that I do.”

I guess if this was a big deal why hasn’t the McCan’t
campaign used this? Your link to the Huffpo article
is from February?

radiodujour Says:
I am supporting Cynthia McKinney for president

although I like the man named “Barack” I can’t support him because he is Wall Street’s candidate.

That is your right. Most here will find you to be part of the problem because your vote will ultimatly help mccain despite the fact that you say that mccain/palin is a complete joke.