The end of contract law, along with the voiding of the foundations of democracy via judicial dictatorship is where we are. What comes next is the interesting question to ponder.
The end of contract law, along with the voiding of the foundations of democracy via judicial dictatorship is where we are. What comes next is the interesting question to ponder.
” The end of contract law, along with the voiding of the foundations of democracy via judicial dictatorship is where we are. “
Exactly. Starting with GM.
Your picture pretty much says it all. The Dems must be pretty slow if they don’t think this will backfire on them. Just a few numbers:
Homes paid off: 34%
Homes with morts above water: 50%
Homes with morts under water: 16%
The 25% number thrown around for under water homes only takes into account homes with mortgages. When you take into account the huge number of homes that are paid off (which be definiton can’t be under water) then it drops to 16% of homes.
Does Obama not understand that 84% of home owners are going to be hopping mad that they are expected to pay down the mortgages of 16% of Americans?
He also doesn’t consider that not all 16% of under water mortgage households want this bailout? A significant number are still able to make their payments each month (nothing has really changed except the value of their home on paper), and they may consider not selling the country down the road into economic bankruptcy more important than getting their piece of the Obama pie.
Overall, I think this has the potential to turn way more people against the Dems than they might pick up.
After voiding our laws, Omoslem will start pushing Sharia Law with that gross freak Kagan.