Bailouts Still Hurting American Families

Browsing the Huffington Post... There is a complaint of racism in the mortgage foreclosures by Janis Bowdler (Deputy Director, WBPP) that is widening the gap between the number of Black & Latino owned homes and Caucasian home ownership in the USA.

While I believe this to be true (the widening gap) I do not believe it is based in racism as greed and self-promotion couldn't care less about race.

Our so-called leaders had an opportunity to help prevent average Americans of all races from losing their homes and it may still possible to stop the further loss of homes and saving accounts. There was and is only one answer to the mortgage securities crisis that caused and is causing families of all races to lose their homes.

A moratorium on foreclosur­es.

There are many reasons this is a good way to help Americans and improve the economy.

1. People would be able to stay in their homes, so families would not be uprooted, traumatized and homeless without an address to put on a job application.

2. There would not be a flood of homes on the market driving down prices wiping out trillions of dollars in overall value.

3. The financial institutions, who are mostly responsible for the crisis would not be double dipping into middle class America's wallets. (Pay & Pay, then Take it Away).

4. Fairness: The government will use borrowed money to extend unemployment insurance payments for periods up to 99 weeks, but will not prevent the banks from taking the unemployed person's home while they try to get back on their feet. We know the governmen is willing to take the "property" of a corparation and give to someone else. This is precisely what they did in response to the GM bankruptcy.

5. There would have been no need for the bailouts. Today most of the bailout money has been paid back, but no one is saying how the banks became profitable enough to earn hundreds of billions of dollars in profits that allowed them to pay back hundreds of billions of dollars in TARP loans. Thia tells me that TARP was not needed in the first place.

Speaking of TARP, back in the spring of 2008 our leaders said were looking for a way to save the homes of working families and after several minutes grueling brainstorm­ing they came up with a plan to bailout those responsibl­e for the mortgage mess instead. Somewhere along the line, they totally lost the working families that they had claimed they were helping.

Since that time they have been patting themselves on the back having claimed to stop a recession from becoming a depression and seemingly not noticing that millions of Americans lost their homes and their retirement savings.

On top of that, the working family received a real kick in the head from those same bad actors at the financial institutio­ns. Bad actors who did not lose their jobs, homes and savings, are getting those homes to resell again. Any equity and investment that a homeowner had in their home is wiped out completely. Those same bankers are fat and happy and sitting on their bailout money and minimizing their own risk instead of reinvestin­g it in a major way. This another reason the recovery is so slow. Could it be by design?

If congress and Presidents Bush and Obama really wanted to help working Americans they would have stopped foreclosur­es and allowed the CEO's and Executive VPs to sink instead. There would have been no depression­. Only new faces with a renewed sense of responsibility running those financial institutio­ns, something this country drastically needs. And the recovery would be well on its way to pre-bailou­t levels.

President Obama Reads Reagan... Why?

From the known history of the Obama administration, what do you believe would be the purpose of Whitehouse press secretary Robert Gibbs informing Americans that President Obama is reading "President Reagan: The Role of a Lifetime", during his Hawaiian vacation? (source ABC Blog).

I wonder what he plans to learn from it... Optimism? Voodoo economics? Leadership? How to be reelected in 2012?

I believe this is an attempt to soften up the 112th Congress and independent voters with a fake move to the center now that he does not have a GOP proof congress. The shellacking he took in November no doubt has caused him to reassess how he will further his agenda. But I doubt their will much in the way of change in the borrowing, spending and nationalization that he desires.

The pundits have already characterized the President's support for the tax extension compromise as a move to the center, so this marketing scheme isn't really necessary.

Dear Mr. President.

Please do not bother with the Reagan book. You won't understand it and the Republicans in congress have already shown that they cannot stand up to any criticism from anyone. They cave on fundamental issues that conservatives know they should be stopping in its tracks such as DADT, your New START treaty, and the tax rates extension.

Thank you for your support.

Mover

Another Un-American Program From The Obama Administration.

My co-worker alerts me this story at the Raw Story, Homeland Security ‘messages’ coming to Walmart, hotels, malls

"Shoppers at Walmart will soon have something other than glossy magazines and chewing gum to look at when in the checkout line: A "video message" from the Department of Homeland Security asking them to look out for "suspicious" activity and report it immediately."

Welcome Walmart shoppers. You now have Big Sis* to greet you at the check-out.

Hey, maybe they will implement the technology to see what you are buying and advise you about safety or better deals. You know, for your good.

In 1995 I went on a MIA recovery mission to Vietnam. The communist government broadcast propaganda over their public address system that had speakers on most telephone poles around the city.

What else can this government do?

and it's one, two, three, what are we fighting for......

*nickname "Big Sis" heard on the Rush Limbaugh Show

Dialy Kos: No Trick Left to Chance

The Daily Kos will do anything to push their agenda forward. In this latest ruse, they want the followers to skew search engine results in their favor.

I received the following instruction from the Daily Kos via their list-server.

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Every time you post a hyperlink anywhere on the Internet--including on message boards and social networking sites--it impacts search engines like Google. Also, one of the most common actions undecided voters take online is to use search engines like Google to find information about candidates. As such, shouldn't we learn how to post hyperlinks in a way that helps lead to our preferred political outcomes?

With a new campaign from Daily Kos, Grassroots Search Engine Optimization, you can do just that. By learning about the most effective ways to post hyperlinks, Grassroots SEO will help hundreds of thousands of undecided voters read damaging news articles on the Republican candidate for Congress in their district.

It sounds tricky, but it’s pretty easy. To make it work, we just need a few hundred grassroots activists like you to sign up and take part.

In 2006, we used this technique to reach over 700,000 voters in key congressional districts during the last two weeks of the midterms. With the rise of Twitter and Facebook, we can do even better in 2010.

To get started, sign up here. Once you sign up, you will be redirected to a Daily Kos diary that explains the next steps.

Keep fighting,
Chris Bowers
Campaign Director, DailyKos

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Is this what it means to be a progressive?

Is honesty and honor dead?