All Posts Tagged With: "Mortgage"

It’s About Freedom

row-of-us-dollar-signsArthur Brooks, at  The Wall Street Journal suggests that there’s a bit of a culture war going on about the future of capitalism.  The headline suggests that “The Real Culture War Is Over Capitalism “

There is a major cultural schism developing in America. But it’s not over abortion, same-sex marriage or home schooling, as important as these issues are. The new divide centers on free enterprise — the principle at the core of American culture.

I dare suggest Brooks in this quote, has this exactly backward.  He’s pointing at a symptom and labeling at the root cause. Not that I blame him, really.  It’s been so long since we’ve dealt with things on the level of principle that even the more learned among …


Another Good Reason To Be A Democrat

It’s so easy to get away with things.  Right in front of everyone.  No one seriously does anything about it.  We’ve seen it with Obama, Clinton, Clinton, and today, with Chris Dodd.

I don’t know why I keep thinking that people like Dodd are respectable and of high integrity.  When Countrywide gave him a great, no a ridiculously incredible deal on his mortgage (his wasn’t a sub-prime, was it?), he had to know right then an there that he was get preferential treatment of an order that was inappropriate for a US Senator.  Add to that the fact he received significant political contributions from the company and then he co-sponsors the Dodd-Shelby housing-bailout bill (that essentially bails out the likes of Countrywide).

And now, National …


    Log in