We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
This actually makes a weird sort of sense if you understand its real motivation.
The purpose is not to help deadbeat individuals. The purpose is to delay some mortgage defaults, so that the FDIC will not be required to formally recognize that all of America's biggest banks are insolvent (which would mean it is required to close them all, and pay out more in insurance claims than FDIC has or is currently allowed to borrow from the Fed).
Congress would certainly raise the limit if it had to, but that would mean immediate runaway inflation of the dollar.
I still can't get over watching the "homeless" all walking around with Obamaphones. Our office building has electrical plugs on the outside which they plug into while talking to whomever they are talking to (assume for some it's their drug dealers). I understand how it works is they have a number of prepaid minutes, when they are over they just throw the phones away and get another. Drives me absolutely nuts how unbelievably irresponsible our government is.
To think that I am having a hard time getting a mortgage right now with an 805 credit score and have never even been late in 40 years on anything.The big glitch seems to be that I'm self-employed,albeit in the same occupation which I have been for 40 years.I'm attempting to buy a much more modest home than the one which I have resided for the past 25 years along with a corresponding more modest mortgage and payment.