For the very few who might not have seen this segment of the Daily Show, it's worth viewing. Recently, I have run into more than my share of people who object to the homeowners' bailout and I have endured more than my fair share of ideologues with no understanding of what transpired who pontificate and object to Obama's strategy.
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For financial advice, this might be your source.
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4 comments:
Thanks for posting this video MR. I watched the show last night and hoped that someone would put it out there.
It's out there and I'll go further.
I really try to restrict myself to Middleboro issues and my big concern - Global Warming and Energy.
After all, if we don't have a viable planet to pass on to our children, we have betrayed them and we have destroyed the species.
But the bill of goods many have accepted via a corporate controlled media that has presented propaganda needs to change. Since the quality of education in the US has been so poor for such a long period of time, few question and few have been taught the science to understand.
We need to consider what we have accepted from the media that has betrayed us on each issue, not solely the matters of deregulation, market bailouts, and so on.
I helped a young single mother of 2 several years ago. She bought a new home.
The monthly mortgage payment exceeded her GROSS monthly pay.
To anyone who has closed on a real estate transaction, you are aware that you end up with a ream of paper requiring signatures -- very confusing and overwhelming.
This was known. It was a pattern that Greenspan failed to regulate.
But there's far more.
For a beginning, you might try --
What Cooked the World's Economy?
Tomgram: Nick Turse, Closing Down Main Street
Stimulus Reality
We weren't home and missed it. This is a riot. Do these people watch themselves? There goes my 401K, oh what the hell.
My 401K is worth less than I saved. My elderly parents who scrimped and saved may have to live with us.
The only thing that will save us is that we have no debt.
Otherwise, we might face loosing our home when one of us looses our job.
Thank you Paylson, Bush, Bernanke and Republicans.
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