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25 comments on The Round-Up: August 31st 2007

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musashi on September 1, 2007 - 12:39pm Permalink | Subthread | Parent | Comments top

Re#6 and significant internal conflict.

Have you seen some of the proposals making the rounds?

http://globaleconomicanalysis.blogspot.com/

It is a total outrage that they would even consider some of these things. Basically they are saying that if someone lied enough they get a free house, and many of these are illegal aliens.

Why should anyone in the US even work under these rules? Hey quit your job, claim victimhood and get a free house.

There is something very wrong when liars and criminals are rewarded.

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new account on September 1, 2007 - 2:05pm Permalink | Subthread | Parent | Comments top

From Mish:

But what about the person who decides to lose his job to take advantage of the process? Certainly if one does not have a job one cannot afford to pay a dime. Handling this "properly" requires still more government intervention to decide who can afford to pay what and who is losing a job on purpose.

And what about the obvious drawbacks of discouraging someone from seeking higher paying jobs, working overtime etc etc out of fear of being bumped into a "you can afford a bigger mortgage payment" bucket.

Is there a monitoring agency that keeps track of job status, kids, health, etc etc etc to decide whether or not a mortgage can be adjusted and/or if someone should be working overtime to pay off the original mortgage?

Clearly this tracking agency function should be the responsibilty of the Department of Homeland Securitization.

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