John McCain the other day, and now Clinton & Obama talk about the Foreclosures, and their Economic Plans to turn around a faltering Economy. Like what the hell took so long?
Basically, he is all for helping the Banks, the Mortgage Companies, but as for the good old boys, the common folk, well, like George Bush, he is just willing to let the Market Place solve it all. He doesn’t really believe in Government Interference, but then he is a Republican.
Hilary Rodham Clinton
Well she thinks job retraining is a better way to go, and that making it easier for kids to get education help, or tuition is her solution for the Economic Woes. Her outcry about McCain simply leaving it be, is well, rather hypocritical, because it appears to be her plan as well.
“Our government is more focused on how you lost your job than how you can find a new one,” Clinton said. “And while we have been rightly focused on trying to help people who are out of work, there’s been too little thought and effort to help people gain new skills while they still have their existing jobs.” (source)
Now how does this help the folks about to lose their homes?
I grant you, there needs to be a lot more done for those who lose their employment, but frankly it isn’t about Job Re Training or offering easier paths to Higher Education. It is about JOBS that stay put, not get outsourced to India, to China, to Mexico. And Hilary Clinton is ON RECORD in supporting MORE H1B VISAS to further REDUCE AVAILABLE JOBS.
So what will kids be going to school to learn how to do?
John Edwards had it right, when he said the United States needed to examine every single Trade Agreement, and insure it was FAIR. Now that doesn’t mean protectionism, but it means that if they can sell in the USA without Tariffs, then US Companies should ALSO BE ABLE TO SELL THERE.
That is FAIR TRADE.
What good is Job Retraining if next year those jobs are also gone? Isn’t it time to start insuring that JOBS STAY PUT? Like maybe STOPPING THE AIRBUS DEAL? There are some 47000 JOBS that could be KEPT IN THE USA. Where is Senator Clinton on that one?
Out of the Three, he seems to be the only one willing to discuss the housing crises, and the Wall Street influence. He is also about the only one who has some sort of a plan, where he actually talks about Regulation, something Hilary & John both seem to ignore, or pass off.
“If we can extend a hand to banks on Wall Street, we can extend a hand to Americans who are struggling,” he said. (source)
At least he can see that, but Hilary talks about taxes, as does John McCain. Neither of them are willing to provide even talking points on helping those facing the loss of their homes. Maybe there isn’t anything the Government can do, but I rather think there are several ways the Government can help.
FREEZE MORTGAGE RATE HIKES
FREEZE FORECLOSURES FOR ONE FULL YEAR.
I mean come on, if the Feds can guarantee OVER TWO HUNDRED BILLION DOLLARS IN LOANS TO MORTGAGE COMPANIES, they can surely INSIST THAT PEOPLE GET SOME BENEFIT.
A freeze gives breathing room, not a stupid month like Hilary suggested a few months back, but give people an entire YEAR. Let them pay simple interest or make it an interest free year, but at least let them live without fear for that long. Let the entire market take a deep breath, and then maybe a solution can be found, when cooler heads are thinking.
Right now it is about cashing in, taking your loss now, before it gets worse, but guess what, IT IS GETTING WORSE!
Trouble is, this is an Election Year, and no one is willing to step up to the plate. Only Obama is showing some guts, but even HE is not hitting it hard enough, because let’s face it, they all need the MONEY THESE FINANCIAL GENIUSES HAVE. You know, the ones who CAUSED ALL THIS NONSENSE?