It started long before Bush. There was also the liberal congress that Bush had to deal with. I believe Barney Frank had a BIG hand in the housing issue.
lol... It had little to do with loans to people who couldn't pay.. it had much more to do with loan officers not being responsible for the risk associated with the loans they were making. There should have been a risk benefit analysis for loans, and there wasn't for most banks it seems.
Today Obama announced he wants to allow people who are underwater in their homes or just behind on payments to be able to refinanace at lower interest rates and/or forgive some of the balance owed....isn't that the mentality that got us into this housing mess?? What happened to just paying the mortgage you agreed to pay? Give it time....prices will come up.
Agreed, that is a bunch of crap. I want more of these homes to go in foreclosure.. It will be much easier for me to get my 30-40% down payment for a bigger house..lol
I don't think the idea of the post office was to sap the taxpayer either....it should AT LEAST be self sufficient but there is no motivation to be efficient. Their private competitors are plenty profitable and MUCH easier to deal with as I do it daily.
Why do you think it is an efficiency problem only? I know that I can ship a package most times faster for cheaper through the USPS.. Especially for heavy items with the flat rate box. Think about shipping to other countries, USPS is generally much much faster and cheaper. Think about all the shipping the military does, USPS to APO addresses is much much cheaper and faster than other methods.
Do you agree with that? Note there are many inefficiencies as well. Having post offices in every small town for example... but that is a service to the community and benefits everyone.
How does fining or jailing someone who still cannot afford health insurance help? Some people will not be able to afford a plan even with the subsidy and those are likely the ones who need it the most....so fine them??
It isn't about poor people necessarily, it is about increasing the size of the population pool for people who buy their insurance on their own, to make sure that pool is not ONLY sick people. When insurance rates increased, the people who were healthy stopped buying insurance, leaving those that were buying insurance more than likely to not be healthy and require more health services. That is a major reason why health insurance costs for those getting insurance on their own increased so dramatically.
Where will the Dr's come from when another 20 million enter the system? I have to wait 2 weeks for an appt already and they are ALWAYS behind schedule.
So now there is going to be a doctor shortage? lol. If there was a negative feed back loop, or if more plans were HSA's, then I think doctor usage and services would decrease. Too many people have a disincentive to use the health care services since it is insurance that pays for it, not them..
I know you don't agree with me....you like what has happened in Greece, I like what America used to be and used to represent.
Then you and the rest of your generation should have been trying to solve these problems a long time ago instead of counting your money and thinking every thing is so good for the last couple of decades...
It hasn't been the last 10 years that things have gotten this bad...