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Glen Beck
I am not big on politics really or at all. Actually this year was my first year voting. In past years I would often ask Colton if we are Republicans or Democrats that's how much I cared. Colton listens and watches this man Glen Beck. Now he even records his show everyday at 3:00 therefore some days I am forced to watch it weather I like it or not. Now I don't mind so much. I like to watch it cause he tells it like it is and I don't like to watch it cause he tells it like it is. I watch him and I think the whole world is done for some times. Anyways today on Glen Beck he has this little graph of home prices since before the Great Depresion. I just look at his graph and think two things:1. How on earth did some people (mainly the banks) let it get this bad. Didn't someone think this might not be good.2. Those people that bought or even refied at the peek basically will never recover. Seriously! If we never had a peek in the first place things wouldn't be bad at all. I know everyone all ready knows and is saying the same thing but I thought the graph says it all.Click on the graph to see the whole thing.
3 comments:
How did it get this bad? Two words: Clinton Administration. They gave perks to the mortgage companies so that they would loosen their requirements and allow more homeowners. Suddenly, there was a booming economy! Money speaks. When the Rep. tried to put a stop to it, they couldn't get enough votes. Can you tell that I'm a Rep.? I love watching Glen Beck, but I rarely have the chance. I'm also really glad that I am not a homeowner right now!
wow that is a crazy steep peak we were at compared to all the other times! I hope we get out of this soon.
Ok I love that you guys watch Glen Beck! Nobody I know (my age) watches or listens to him. I love it, but I know what you mean. It's great being informed but it is terrifying! Mostly for our kids, (mine in a future tense) They'll never know what this country was. They'll never know freedom and patriotism. It's so sad.
I think what we need is a depression, it will make people value a job and value money. Everyone does whatever they want because they know they can just put it on another credit card or whatever. And now what is our lovely socialist president doing? Enabling them. And the best part is.... he's not even helping them! WE are. We're paying for thier irrisponsibility. Sorry this got so long. Can you tell I'm a little heated about it? I'm glad you care though! Sometimes I feel like nobody else does.
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