Comments on: On the ol Catfish and his flailing spending policies http://endithinks.wordpress.com/2008/10/10/on-the-ol-catfish-and-his-flailing-spending-policies/ Thoughts. Fri, 06 Nov 2009 16:57:53 +0000 http://wordpress.com/ hourly 1 By: midnightzimadreams http://endithinks.wordpress.com/2008/10/10/on-the-ol-catfish-and-his-flailing-spending-policies/#comment-69 midnightzimadreams Fri, 10 Oct 2008 16:53:53 +0000 http://endithinks.wordpress.com/?p=275#comment-69 Very interesting scenario that the government could pressure homeowners to join the military if it buys out their mortgages... What do they call that... backdoor draft? I hadn't thought of it this way. What I was wondering is whether the government buying out the bad mortgages isn't going to essentially hurt taxpayer who'll essentially be the ones fronting the cash for that buyout. *sigh* I tend to agree with timbob that this financial mess is just way too complicated! Very interesting scenario that the government could pressure homeowners to join the military if it buys out their mortgages… What do they call that… backdoor draft?

I hadn’t thought of it this way.

What I was wondering is whether the government buying out the bad mortgages isn’t going to essentially hurt taxpayer who’ll essentially be the ones fronting the cash for that buyout.

*sigh* I tend to agree with timbob that this financial mess is just way too complicated!

]]> By: timbob http://endithinks.wordpress.com/2008/10/10/on-the-ol-catfish-and-his-flailing-spending-policies/#comment-68 timbob Fri, 10 Oct 2008 14:28:16 +0000 http://endithinks.wordpress.com/?p=275#comment-68 Good morning. almost never delve into the political wranglings of the day, however, one thing about the current situation is notable. This global meltdown in the markets is so profound that even the supposed experts don't have a grasp on it. Ths continual soundbyte-oriented speeches from both major candidates reveal that nether has the understanding that we are in a very different world than we were just a couple of months ago. The current administration is clueless as well; failing to understand the dangers of this mingling of government and private sector entities. This is a new world to be sure. Good morning. almost never delve into the political wranglings of the day, however, one thing about the current situation is notable. This global meltdown in the markets is so profound that even the supposed experts don’t have a grasp on it. Ths continual soundbyte-oriented speeches from both major candidates reveal that nether has the understanding that we are in a very different world than we were just a couple of months ago.

The current administration is clueless as well; failing to understand the dangers of this mingling of government and private sector entities. This is a new world to be sure.

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