Suspension of Disbelief

Predatory lending is one of two major causes of economic distress in the United States today, the other of course being oil. It is the idea that mortgage companies have in the past decade given out unwise loans, particularly for mortgages, to people believing that they could assume the debt incurred if they client defaults on the mortgage. Simply put, these mortgage brokerages would take the house from their client, and since the value of the housing market had been increasingly seemingly without end, it was obvious that even if they were to temporarily assume a debt, that debt would be erased, with profit, when they next sell the house and possibly pick up another unstable mortgage loan. They made money off of giving loans to people who could not feasibly pay them off. Many would default on those loans and the lenders would actually make money off the process, off the pain they generated. The second type of predatory lending I wish to speak of is one in which lenders provide so cal...

I had an interesting conversation last night while playing free online poker that I would like to elaborate on. Some people are only looking out for themselves. Some people don't care what happens to others because it's never happened to them. They don't care about the health or well-being of other people, because it doesn't "benefit" them. I bring this, albeit common occurrence of the sheeple class, up because of the impending presidential election. These people have a candidate too, oh yes they do. And his name is Ron Paul. Government shouldn't care about whether people starve. It shouldn't be concerned of whether or not its people get a good education or health care, food or warmth, whether they are discriminated against or not. Why? Because it would give government power over people. Oh horrors. Surely this would be horrible. We cannot possibly give people a good education or health care. People don't deserve food or warmth. Of c...