Who Is Obama?
This link is to the best description of our President that I have yet read or heard. Additionally there is an opportunity to discover Imprimus, a free publication of Hillsdale College, and if you're a freedom lover, a great way to stay in touch with our value system. Go HERE.
We are witness to the greatest bunch of dithering idiots in our history, and it is costing all of us a great deal. The housing market, which is supposed to be my main concern, is still troubled, mainly because of government action and inaction, or inappropriate action. Foreclosures continue to plague the inventory, and no relief in sight. Mortgage rates are very favorable, but it's very tough to qualify for a loan for purchase or refinance. Possible certainly, but credit is severely restricted by lenders, mainly because they can make more money, more safely, by not loaning it on mortgages.
We have serious security issues with our porous borders, ignored by the federal government, a calamitous oil spill, ignored or mismanaged by the federal government, a health care bill which is now revealing itself as the disaster most of thought it was from the outset, and a group of clowns trying to swap jobs and favors in an attempt to control the outcome of elections. The list of course is much, much longer.
We are seeing some activity in home sales, but not much, and too much influenced by distress selling, foreclosures and short sales. If we could somehow induce the government to let market forces work we could get through this mess in a fairly short period, but the insistence by bureaucrats on forcing modification programs that are not working, giving seller credits to influence behavior, and generally messing with the financial markets has provided an effective bar to any short term recovery.
Does anyone remember a very old commercial in which a mother insists on advising and "helping" her daughter in some kitchen activity until finally the daughter says "Mother, I'd rather do it myself!"? Well politicians, we'd rather do it ourselves.
As usual,
Thanks for visiting.
We are witness to the greatest bunch of dithering idiots in our history, and it is costing all of us a great deal. The housing market, which is supposed to be my main concern, is still troubled, mainly because of government action and inaction, or inappropriate action. Foreclosures continue to plague the inventory, and no relief in sight. Mortgage rates are very favorable, but it's very tough to qualify for a loan for purchase or refinance. Possible certainly, but credit is severely restricted by lenders, mainly because they can make more money, more safely, by not loaning it on mortgages.
We have serious security issues with our porous borders, ignored by the federal government, a calamitous oil spill, ignored or mismanaged by the federal government, a health care bill which is now revealing itself as the disaster most of thought it was from the outset, and a group of clowns trying to swap jobs and favors in an attempt to control the outcome of elections. The list of course is much, much longer.
We are seeing some activity in home sales, but not much, and too much influenced by distress selling, foreclosures and short sales. If we could somehow induce the government to let market forces work we could get through this mess in a fairly short period, but the insistence by bureaucrats on forcing modification programs that are not working, giving seller credits to influence behavior, and generally messing with the financial markets has provided an effective bar to any short term recovery.
Does anyone remember a very old commercial in which a mother insists on advising and "helping" her daughter in some kitchen activity until finally the daughter says "Mother, I'd rather do it myself!"? Well politicians, we'd rather do it ourselves.
As usual,
Thanks for visiting.
posted by Douglas Doss | 1:54 PM
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