Government 101 keep it simple. Government isn't meant to be complicated and it isn't.Kmarion wrote:
That is a very simplistic view of how government works. It's very easy to go back and look at who was voting for what. There is only one candidate who has voted for more housing oversight. However it never left the committee. Unfortunately this is mostly due to the fact that Chris Dodd was the ranking member of the Banking Committee (Now it's chairman).Mason4Assassin444 wrote:
They've had control for 2 years. Republicans had it for 12. 6 years of blank checks from a republican congress to a republican President is to be fixed by two years of democrats with a 1 vote majority? Or the Secretary of the Treasury could have stood up a long time ago.SgtHeihn wrote:
But thats the thing. The Democrats have had control of the House and Senate for how long? Why wasn't a bill passed before this crisis? Why wasn't something done about the over spending of our government? It's because in every bill no matter what type, their is a slush fund that pays for all the pet projects and vacation homes.
Like Kam said follow the money trail right back to the pockets of our elected leaders. Look at it this way, there is only a desperate problem now because the lenders are gone, ie "campaign contributions" have gone the way of the dodo bird.
The more money you print, the less that money is worth. The less the money is worth the less you can afford. When you can't afford stuff you lose stuff. House, car, whatever your priority.
House being the biggest bill, that's probably going to go first. No one can pay their bills, due to dropping dollar value. Why do you think those adjustable APR's were going up? Dropping dollar value due to government overspending.
They could regulate the shit out of every company they want. If we keep spending the cash we spend they WILL STILL FAIL.