Write Lightning is a blog from writer Deb Thompson.
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Mon, Dec 03 2007
The housing bailout rewards greed and irresponsibility
I have to admit that I agree with many of the comments regarding Michelle Malkin's post on the subprime adjustable rate mortgage bailout. I don't want to see anyone just lose their home, but for the folks who bought more house than they could actually afford on the greedy hope that housing prices would continue to skyrocket, it's tough to watch them just get a handout. Many of us went without buying a home for many years, buying only once we could scrape together a down payment and could qualify for a fixed rate mortgage. I've heard several homeowners who did the responsible thing ask, "Why shouldn't I get a break on my mortgage payment? I've never missed a payment and have done the right thing and I get no help whatsoever?" I agree.
To tell the truth, I'm having a tough battle with resentment today, as the politicians rush in to reward bad behavior and just ignore the rest of us who have sacrificed other purchases and maintained a tight budget in order to remain honest and faithful in paying for our homes. Where's our reward for doing the right thing?
posted at: 11:06 | category: /Politics | link to this entry
I have to admit that I agree with many of the comments regarding Michelle Malkin's post on the subprime adjustable rate mortgage bailout. I don't want to see anyone just lose their home, but for the folks who bought more house than they could actually afford on the greedy hope that housing prices would continue to skyrocket, it's tough to watch them just get a handout. Many of us went without buying a home for many years, buying only once we could scrape together a down payment and could qualify for a fixed rate mortgage. I've heard several homeowners who did the responsible thing ask, "Why shouldn't I get a break on my mortgage payment? I've never missed a payment and have done the right thing and I get no help whatsoever?" I agree.
To tell the truth, I'm having a tough battle with resentment today, as the politicians rush in to reward bad behavior and just ignore the rest of us who have sacrificed other purchases and maintained a tight budget in order to remain honest and faithful in paying for our homes. Where's our reward for doing the right thing?
posted at: 11:06 | category: /Politics | link to this entry
We might not exactly be the next Katrina, but we could be headed for a disaster
I don't think most people realize how dependent Americans are on the major farming regions of California. When you get into a room with farmers here and you listen to their conversations, the talk inevitably works its way around to the matter of water and what to do about the growing fragility of the water supply in our state. If large portions of our state's farmlands were compromised by flooding, salt water intrusion or drought it could affect the food supply all over the U.S. You can read a bit more about the dilemnas facing Californians (and you hungry consumers in other states) at California Water Crisis. I just hope we can resolve at least some of the issues before anything major affects our farmers and their crops.
posted at: 06:36 | category: /Miscellaneous | link to this entry
I don't think most people realize how dependent Americans are on the major farming regions of California. When you get into a room with farmers here and you listen to their conversations, the talk inevitably works its way around to the matter of water and what to do about the growing fragility of the water supply in our state. If large portions of our state's farmlands were compromised by flooding, salt water intrusion or drought it could affect the food supply all over the U.S. You can read a bit more about the dilemnas facing Californians (and you hungry consumers in other states) at California Water Crisis. I just hope we can resolve at least some of the issues before anything major affects our farmers and their crops.
posted at: 06:36 | category: /Miscellaneous | link to this entry
