But because they lost their jobs. this is how the media makes it appear that it was the fault of the borrower for "living beyond their means" When in fact the majority of people losing their homes for the past 3 years are from losing their job and not finding another one. Their are many that bought more than they could afford but most are just people that even if they had bought a home for half of what they spent they still would have lost it do to not enough jobs to go around.
So is it socialism when the government gave 5 billion to the oil industry in 2007 in the mitst of the largest profits by a publicly held company? or when we bailout the banking industry because their loseing money on loans they made because the people lost their jobs and cant pay their bills? Notic how they now say it's because the banks loaned money to people that should'nt have got them.Most are defaulghting not because they bit off more than they could chew, Continued on next post...
If you want to "compete in the world market ". Instead of throwing "tax incentives" at these corporations thry the one thing that accually will work.
Nationalized Health Care. I know ,I know,
The corporate owned media tells you it's "socialized medicine" and communistic? Well so what , what they don't tell you is we have a socialized system more than a freemarket system anyway. When poor poeple go to the hospital and dont pay .guess what , the tax payers pay the bill anyway.
But because they lost their jobs. this is how the media makes it appear that it was the fault of the borrower for "living beyond their means" When in fact the majority of people losing their homes for the past 3 years are from losing their job and not finding another one. Their are many that bought more than they could afford but most are just people that even if they had bought a home for half of what they spent they still would have lost it do to not enough jobs to go around.
radicalsam 3 years ago
So is it socialism when the government gave 5 billion to the oil industry in 2007 in the mitst of the largest profits by a publicly held company? or when we bailout the banking industry because their loseing money on loans they made because the people lost their jobs and cant pay their bills? Notic how they now say it's because the banks loaned money to people that should'nt have got them.Most are defaulghting not because they bit off more than they could chew, Continued on next post...
radicalsam 3 years ago
If you want to "compete in the world market ". Instead of throwing "tax incentives" at these corporations thry the one thing that accually will work.
Nationalized Health Care. I know ,I know,
The corporate owned media tells you it's "socialized medicine" and communistic? Well so what , what they don't tell you is we have a socialized system more than a freemarket system anyway. When poor poeple go to the hospital and dont pay .guess what , the tax payers pay the bill anyway.
radicalsam 3 years ago