Tuesday, April 13, 2010

Too Big To Fail?

It's more like...To Big To Care!!!

What kind of corrupt , amoral, plutocratic legislators allowed these Banking and Insurance Cartels to become that big in the first place?....some kind of weak anti-trust quid pro quo I suppose..............therefore.. I propose...

New Laws .......No interest higher than 5% ever...above 5% is illegal ...can u spell......USURY?
......... No home loan allowed longer than 20 years term...ever...
.....We have a Union of.50 States...............mandate a Union of 50 Banks and 50 Insurance Companies ; and interstate regulation to connect them and enforce the law.
..... Only Fixed Interest Loans

Do you realize how much we have been seriously ripped off?!! Good ol' Greed, seducing people into manipulating the housing market by acquiring homes at ridiculous prices...." cause Real Estate always goes up"...really?

How much have we progressed as a nation when it took 30 years for 1(one) person to pay off a home over 50 years ago;
and now it takes 2(two) people!!....30 years.!!!...that is called the 3rd world...; or at least financial enslavement..hello?

One obvious reason for the regression, is simply, the predominant American culture of materialism and gotta-have-it-now syndrome....instead of saving a substantial down payment for a 15 or 20 year loan...people are out shopping and shopping, stuffing their places with cheap crap from China and huge,idiotic, follow-the-crowd, gas guzzling SUVs and Hummers...keeping up with ..the Gotta Havits and eating out so often...foolishness and .....voila.....instant selfish gratification.

Honestly, I have always thought that it was perverted to "invest" in shelter,... so ...let's see ...I am paying more ( $) and getting less(older, rotting, out of date, etc.)but most importantly....making it more and more expensive and/or not affordable for everyone else ...since the Reagan years....thank you, GREED!

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