Re: July 2009: Editorial -- Terrorism with a Small "t"

Hey Rach,

While I understand that it is not someone's fault if they lose their job and can't pay the bills, what else can the corporation do but foreclose on the loan and take the property? The business is really just more people. If they do not make a profit, they close and the people are out of work. They loan money to make a profit. Their profit is the interest they charge (and the current 4 and 5% mortgages are not a really high gross profit margin).

To help ensure they do not lose their money, they have people put up property as security. If the person loses their job and cannot pay the loan, the business takes the property to sell to try to recover their money. No business takes the property the first time a payment is missed. It takes several months of missed payments to even start the foreclosure process and then that takes several more months. And the laws provide that anything recovered from the sale that is in excess of the loan and collection costs does go to the property owner.

The businesses that foreclose on mortgages are not the bad guys in this. Sometimes, life just isn't fair and no one ever promised it would be.

So, who does get the blame for this? Well, there is plenty to go around. The people who take out loans for more house than they can afford, and live off credit cards, buying more than they can afford, take a large share of the blame. The banks who make loans to people knowing they cannot afford them take some share (though this was actually rarer than the media has claimed since it is bad business). The politicians who passed laws forcing banks to make loans in bad neighborhoods under the guise of ending discrimination in loans take some of the blame. The media who promotes a lifestyle outside of most people's budgets takes some of the blame. The activists who claimed that not making bad loans was just racial discrimination take some of the blame. See, there really is plenty to go around.

I still have to hold the individual primarily responsible though. I am an adult and I take responsibility for my actions. No one held a gun to my head and forced me to take out loans to buy things. I lost my job and now am trying to figure out how to make payments while I look for more work. But it is my responsibility and I will not hold the banks at fault if I lose my car or my motorcycle when I cannot make the payment any longer.

One of our society's greatest problems is that people have been refusing to take responsibility for their actions. It started with FDR saying the government should have protected people from bank failures and the depression. It has only gotten worse since then. How many times have you heard that it is not the poor deprived young man's fault he committed that robbery? He had a bad childhood and was abused so he robbed the local store for drug money? Blaming the banks for acting like banks and protecting themselves is more of the same shirking of personal responsibility that has been growing in our nation of child-like sheep for decades.

Re: July 2009: Editorial -- Terrorism with a Small "t"

And yeah Rach, the economy is the big national security issue. You are correct that it does make it easier for some people to be turned against us. But it is not capitalism that we should be fighting. We need to return to capitalism and move away from the socialism we are headed towards. There is no country of any size yet that has proven socialism to be economically viable. Our country was based on capitalism and freedom and self-responsibility and that is what made us great. Why change away from it? In the words of the old syaing, you should dance with who brung ya.

Re: July 2009: Editorial -- Terrorism with a Small "t"

Yeah, Pain is Weakness Leaving the Body!

What's happened to this world, "Waaaah! Someone raped me! Waaah! The Americans just bombed my house and killed my whole family!" Haven't they read "I never promised you a Rose Garden?" When I was a kid and you wanted a house, you went out into the woods with an axe and chopped down the trees yourself. Now its, just pay rent. Come on people, get with it. You shouldn't have to go to the grocery store and buy food when there's squirrels and deer all around you. We need to bring back the good old rugged individualism. Or else we'll end up with these whiny suicide bombers and school shooters. Pain is good for you!!!!!!!! In fact I'm going to go home right now and cut off one of my fingers, just to prove a point.

Re: July 2009: Editorial -- Terrorism with a Small "t"

And why do they call people who die in airplane crashes "victims?" They are not victims, they chose their fate. Is it MY fault that YOU sat in your airplane seat when the engine caught on fire? No way! I would have at least tried to parachute out of the plane. Its this feminism, this whininess, this blame the system mentality that has ruined America.

And is it my fault that you need a kidney? Would you raise my taxes so you can have another kidney? I say that if you even have one you have more than enough.

Re: July 2009: Editorial -- Terrorism with a Small "t"

Steve/Wolfva...

Capitalism is just what it is...people who are out to make money at whatever the expense is. They take people to court suing them for whatever they have left after robbing them of whatever they had in the first place by using unfair and unreasonable financial practices (raising payments instead of lowering them when there has been an interruption in cash flow). These are not people who over spend - I am talking about people who have lost jobs, have had medical situations to where they are not brining in money anymore. It is not living beyond their means - it's losing what they had because of corporations down sizing, global economic conditions shifting American jobs over seas and likewise. This nation has had over 5 million people (and counting) lose their jobs, get laid off, and/or reduced their income. These people had no choice but to lose because corporations are only out for themselves. Screw you if you lost your way of life, at least they get their money. So Let's compund this into what it could mean national security wise:

We have people that have always had a place to sleep, not have aplace anymore. THey have had no choice but to face poverty. We are seeing armed guards in Detroit guarding FOOD for Christ's sake. That means we have people becoming desperate robbing for basic needs. Desperate enough to sell information against their fellow soldiers, desperate enough to blow up whatever financial company took their lives, desperate enough to take large sums of money from people associated with terrorists to take down capitalism!!! This is one part of a very unstable equation. Depserate people in which the state cannot keep up with paying the needy because it s on over load. California is trying to keep from going bankrupt.

My point is...we have had too many people lose jobs. We have had too many people fed up watching banks get bail out money and see CEO's have parties, we have too many people pissed off and ready to even out the unbalanced financial system.

This is where terrorists are going to CAPITALIZE on us. We are highly vulnerable because we are not united (Republican and Dems) as well as the general American public. We are internally fighting.

Terrorism evolves. Mark my words. Terrorism will be back in this homeland of ours in a different form. Al Qaeda is seeing soldiers leave out of Iraq. Soldiers have become a target here in the U.S. because of their work in Iraq. Terrorists see the imbalance, the desperate, the injustice. They have what they need because they have anger and despair to feed off of.

This is no one's fault except all of our own (Republicans, Dems, and the American people). We are all in this together because we failed to work together improving condtions, voicing our concerns, balancing the system, and making sure that life, liberty, and the pursuit of happiness is a fair chance for all. Greed. It's killing us....here soon it will be literally. People and their patience will run out. People see propaganda in the media. People in the U.S. are not stupid. Pissing off smart people (a lot of qualified & skilled have lost their jobs) is never a good idea. They have brains, and money can come from terrorists and their supporting states.

Now boys...I am not yelling. I am not pointing fingers...I am merely telling you from an analyst point of view which I have been trying to get my points and ideas across all this time. We have a problem. It's a huge bomb. All it needs is some one to light the fuse.

That's my final answer. Small cells taking off and gathering the "fuel" (pissed off people) to make hell on Earth. Officers at the ready.

"Is your number still 911?" - Ofc. Rachel T.

Re: July 2009: Editorial -- Terrorism with a Small "t"

This is the reason Usama bin Laden attacked the World Trade Center twice; he intended that, with it's destruction, our economy would collapse.

However, blaming everything on evil corperations isn't warranted. Not all corperations are evil and only out to make a buck. And even if they were, those corperations are the ones who EMPLOY people to begin with. I mentioned a commercial for blood a few posts back where a woman triumphantly closed a pollution spewing plant down, only to see the town suffer from the loss of jobs. An even bigger problem then Big Business is POLITICIANS. THEY were the ones who caused the current economic mess by forcing those companies to make the very unwise decision to lend money to people who were bad credit risks. When people couldn't pay back the loans, the companies had no choice but to foreclose. Yes, SOME were predatory lenders who preyed upon bad credit risks. But those companies couldn't have survived without the backing of Politicians, like the ones who fronted Freddie Mac and Fannie Mae, claiming they were doing great even though they were floundering (Chriss Dods, Barnie Frank, Rahm Emanuel being 3 of the biggies in THAT boondockle).

Know why companies flee to 3rd world countries? In large part because they don't pay as much in taxes, as well as lower costs. Look at California. Highest business tax in the world. Look how many companies are still there. Not very many, and the few that are are getting ready to relocate. High business taxes hurt big business; since businesses exist soley to make money for thier stockholders, they WILL go elsewhere to make that money. What hurts big business hurts the little man, as he's employed by those businesses. Once it is no longer prophitable where they are at, they relocate. So, be glad of Obama's policies, because they're gonna drive more of those businesses out of the country.