Tuesday, June 15, 2010
Debtor's Prisons For All!
That's because most Americans have generally been so supportive of debtor's prisons when they think they're not going to wind up in them. But now, thanks to the ongoing mortgage crisis, these law-and-order-chesting-thumping Americans may also be getting a trip to the slammer.
A PR campaign seems to be underway to crack down on homeowners who go into strategic defaults when their home values plummet below the amounts of their mortgages. The idea is to promote "responsible behavior" for the good of society, pretty much the same talk we've seen applied to non-custodial parents when they fall behind on child support payments.
Amid all this talk about responsibility, there is no discussion about why strategic defaulters may opt not to continue paying through the nose for their homes, much the same way no politician or journalist ever questions why non-custodial parents fall into arrears. Could it be that some of these troubled homeowners are angry about the banks and Realtors who lured them into their perilous financial situations -- much the same way many non-custodial parents are angry about not being able to see their children?
No, not a valid query say fans of debtor's prisons who support severe punishment for fellow citizens who do not behave in a way that they desire. Consider the video below of elitist David Walker of the Peterson Institute, an influential financial research study group which helps shape America's domestic and international economic policy:
When you hear a Fascist openly spout talk such as this, in a country which was founded in the belief that debtor's prisons are an affront to human and civil rights, it becomes terribly clear: debtor's prisons for all are coming, and Main Street America -- with its blind hatred and prejudice against non-custodial parents -- did it to itself.
Read more at: http://www.infowars.com/pr-push-against-strategic-defaulters-underway-is-there-a-debtors-prison-in-your-future/
Tuesday, November 24, 2009
Obama's Big Tent Party While Recession Continues
This Tuesday, Obama will be holding his first state dinner in honor of the Indian prime minister. But since he's not content with the White House dining room which can only accommodate 120 guests, he going to hold a massive shindig in a heated tent on the White House lawn. The guest list, which is said to number about 400 people, will include Obama's wealthiest pals who will indulge in food and drink on the taxpayers' dime.
Obama's latest spending spree takes place as unemployment in many states continues to creep up and there are mounting signs that the continued recession may turn into a financial collapse, as French banking giant Societe General warned investors this week (see http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html).
For more on the tent event, read http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6928946.ece.