The Rush To Socialism Hit A Speed Bump Today
By Malcolm Hedges (09/29/08)
The "House Socialism Bill" took a dive! After some fooling around over the next few days, a new scheme will emerge. Maybe it will be something resembling reality?
This little setback is really a minor blip in the big picture. All the other Progressive Socialist schemes continue to gnaw away at our economy and society.
Our current economic situation was seeded, engineered, embraced and nurtured by Progressive politicians. There is some discussion as to whether they realized the eventual effect of their experiment in Socialism would create such an economic mess.
Progressives blindly think that Socialism is a viable pseudo-Political model, so I would guess they thought pressuring banks and mortgage brokers into granting mortgages to unqualified applicants was no big deal.
More and more people are discovering how this mess came about and realizing the same people who created the issue are pretending to be the ones who know how to "fix it'! Duh!
Adjustments in the Federal taxes and regulations regards business, investment and mortgages need to be made very soon, however Socialism is not the answer.
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