Friday, January 23, 2015

Inappropriate Government Power & Actions

This is a very, very interesting item.  Regarding the financial collapse from which we have yet to recover were a consequence of "policy priorities of the Clinton and Bush administrations."  Quote: "The result was a house price bubble of unprecedented magnitude. Low-down payment mortgages inflated housing prices because buyers could afford a larger house with the same down payment. Above-average households, though not the intended beneficiaries of lowered mortgage standards, took advantage of them by converting inflated housing values into cash by refinancing their mortgages."  And, the President and Democrats want to do a repeat.    http://townhall.com/columnists/michaelbarone/2015/01/20/government-created-the-housing-bubble-and-financial-crisis--and-could-be-doing-so-again-n1945225/page/full


This item should make anyone want to cry if they care about family and moms who decide to stay at home and raise their children.  This is Obama's perverse plan. http://townhall.com/columnists/terryjeffrey/2015/01/21/obamas-tax-on-stayathome-moms-n1945836/page/full

You will find this most informative.  Quote: "Because of the "too big to fail" policy, large institutions can pursue abnormally high returns with less concern for the high risks that often accompany such investments, since they know the government will ultimately assume that risk. This puts the government in partnership with the biggest of financial institutions, putting every other entity at a disadvantage. And to pay for this regulatory scheme, fees have been raised, and services curtailed, that hit the poor the hardest."
http://www.renewamerica.com/analysis/garry/150119

Don't think our Secular Humanist (or worse) led government has it out for Christians?  Read this.  http://blog.libertyinstitute.org/2015/01/punch-back-federal-government-to-appeal.html

You know that our government (the administration) is grossly irresponsible if not outright crazy.  Get this:  "The Obama administration on Wednesday paid $490 million in cash assets to Iran and will have released a total of $11.9 billion to the Islamic Republic by the time nuclear talks are scheduled to end in June, according to figures provided by the State Department. Today’s $490 million release, the third such payment of this amount since Dec. 10, was agreed to by the Obama administration under the parameters of another extension in negotiations over Tehran’s contested nuclear program that was inked in November."  There is more.  http://patriotupdate.com/2015/01/u-s-award-iran-11-9-billion-end-nuke-talks/  Obama thinks we have money to burn.  He is spending us into perpetual taxation of the highest order.  It is likely that we will get little or nothing for our increased indebtedness at this hands of this disastrous deal.
  
George Burns

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