I hate to disappoint everyone here but I would make a terrible politician as I don’t practice the habits of lying to people to get a vote, taking bribes and payoffs from special interest groups, and flattering and kissing people’s asses every day. I call a spade a spade and I value my name above any amount of riches.
A few things here on the threads posted above and below. The Katrina comparison to the morrgage dilemna is a faulty one. It is not even apples to oranges here.
I would certainly agree that the government was lax in their anticipation of this type of event and did not prepare accordingly on some levels. In this case, I feel they should step in and help people in a VERY MONITORED AND ORGANIZED FASHION which they never do…hence the “fleecing of America” stories on the nightly news.
These people had very little control over A HURRICANE STORM and the effects it could have on them. They were warned by the media in the days before the storm to evacuate the area. Some made the decision to do that, some stayed and reaped the conseqences physically, and others?
These people did not sign papers to allow the storm to ravage their home. Big Difference.
All this being said, it is very sad what has happened there and the poor follow up that is taking place to help these people.
The point I am trying to make here is that people have been living way above their means for the last decade and the materialism of this country and the striving to get rich is out of control, hence, the need to reset the values.
AMEX can give me a line of credit, that doesn’t mean that I have to CHOOSE to max it out.
Bank you name it, can offer me a negative amortizing loan to purchase a home that I only use 50% of, but I can CHOOSE not to put myself and family in this situation.
Anyone can give you the gun, you CHOOSE to pull the trigger.
