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This is from the Neal’s Nuze section, this shit pisses me off!
This is what happens when politicians lack the political will to do what is obviously right.
Fucken scam politicians eager to buy political “good will” by passing the buck to future generations by promoting a fake crisis and what makes it worse is that BOTH political parties are guilty of this massive pandering.

This one could cost $25 billion, but what the hell. Actually … that’s a minimum estimate. Some analysts think the mortgage bail-out that Bush is oh-so-eagerly going to sign this week could cost $300 billion. The politicians who curry favor and buy votes with this money don’t have to worry about where the money comes from. They’re going to be long-gone when the bill comes due. They only have to worry about doing what they need to do to buy votes so they can enjoy the prestige and privileges of power until that time.

Who are these people who are going to be bailed out?

• People who knew they were buying more house than they could afford, and who thought that they would be bailed out by rising equity.
• People who got home loans in spite of bad credit ratings … loans spurred by media and government anguish over the unavailability of home loans to bad credit risks.
• People who bought the house, took out the loan, and moved on in knowing full well that they wouldn’t be able to make the payments when the interest rates went up. But what the hell .. they would just ride the cheap rates until then, and throw in the keys.

Yes .. I know that there were some bad actors in the mortgage business. There are bad actors in every business. Me, for instance. But I can remember a dozen or so years ago when almost every major newspaper in the country was running investigative reports on the evils of the mortgage business. These reports told us that these evil mortgage companies were not doing enough to bring the American dream of home ownership to poorer people. The nasty mortgage lenders were actually using criteria such as income, job stability, credit ratings, loan-to-value ratio and other anti-inclusive measurements to intentionally keep minorities, single women and other poor, poor pitiful victims out of the home market. So — before the feds stepped in and made them do it – the evil mortgage lenders started lending to people that should be renting. And here we are.

Remember … over 95% of the people in this country with home loans are making those payments each and every month. So what kind of crisis is this really? Can’t it be said we’re weeding out the chaff here?

This one is just too good to pass up.  Seems that a large number of Senate Democrats have a point at which they stop being so union-friendly - when it comes to their own palate.  There’s a great story in today’s Washington Post about the Senate voting to privatize the Senate dining halls and affiliated food service establishments.

The reason?  The food and service were awful, and the place was losing millions.

Year after year, decade upon decade, the U.S. Senate’s network of restaurants has lost staggering amounts of money — more than $18 million since 1993, according to one report, and an estimated $2 million this year alone, according to another. All told, they bring in more than $10 million a year in food sales but have turned a profit in just seven of their 44 years in business, according to the GAO.

In a masterful bit of understatement, Feinstein blamed “noticeably subpar” food and service. Foot traffic bears that out. Come lunchtime, many Senate staffers trudge across the Capitol and down into the basement cafeteria on the House side. House staffers almost never cross the Capitol to eat in the Senate cafeterias.

“It’s so bad that the Senate hasn’t yet figured out that House ‘Taco Salad Wednesday’ trumps any type of entree they have to offer,” said Ron Bonjean, a former press secretary to both the House speaker and the Senate Republican leader.

In the past 10 years, only 20 new items have been added to the Senate menus. So rare are new entrees that last year’s arrival of daily fresh-made sushi was treated in some senatorial quarters as if a new Nobu had opened in the Capitol dining room.

So the Senate, led by Di Fi, did the unthinkable - privatized the service and gave the job to the same company that runs the House dining services. So much for standing up for the “little guy”

READ THE REST

Msgt Theresa’s comment below in the post about the polygamist chicks sparked my memory of this post from Jihad Watch a year ago.

“So, when the “compounds” of islam worshipers, like the ones springing up across the country are monitored and found to be in violation of whatever laws, will the authorities react as aggressively against them or will they be held up by the PC bullshit currently in place when we deal with “islam”?”

Would the government be so eager to bust onto this little complex vs the one with a bunch of psychologically disturb women?

Islamberg, New York: “You can hear gunfire up there. I can’t understand why the FBI won’t shut it down”

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