Thursday, October 29, 2009

Keep Puffing, the Bubble Will Never Break ...

In case you wondered about the great housing bubble, take a gander at this devastation. SEE HERE This is what happens when politicians decide to meddle in matters that they know little of and spread their false compassion around by forcing banks to make bad loans to help the people have houses who can't afford to pay for the houses. Part of the argument was based on the bubble mentality that you could not lose money in California real estate.

Do you think that the reality will cure the politicians of their tax and spend and mandate unrealistic programs mentality? What world do you live in? This will go on until we return to principles as the first order of business and stop playing mind games with ourselves. Believing six impossible things before breakfast may be possible for the White Queen in Alice (reference to Lewis Carroll for those who grew up later than I did), but for real people who live in a real world and not through the looking glass, the impossible things that politicians believe have consequences that real people have to endure and pay for. It's time to clean up the political system in the United States and return to first principles before there are no principles to return to at all.

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