Well, I’m not M.I.A. today — just been busy! Man alive – you would think it was ”the Friday rush”, with everyone trying to get things done. The “do it now syndrome!” Wow ! As it was just told to me today, LOL, “You are too far in the front for me..” ha!
Well, there is another report on the credit and banking issues today. 
Gotta love the “up-to-datedness” –ha!
David Wyss, chief economist for Standard & Poor’s in New York, said the tighter lending standards reflect the huge loan losses that banks have already suffered. Those losses have depleted the capital they need as reserves against future losses and made it more difficult for the banks to sell their mortgages and other loans as asset-backed securities, a process that provides them with money to make new loans.
Through but ones understanding of the above – it would seem that anyone who needed a “leg up” – that has good credit is now SOL. Here is what I mean. The credit reporting as it is – and tighten of loan practices - has made it so that people with high credit scores are doomed to fail. Why?
“You don’t make enough money.” — Don’t believe me — Go try getting a loan.
As we all know – BILLIONS – have been “lost”. Man I didn’t even know it was out there to being with. Why aren’t we all billionaires? Oh that’s right – lobbyist and greed have consumed avenues once made for the Average Joe Blow – go by the wayside.
Isn’t it amazing to see how easy it comes and goes?
Check this out from one of the Presidents of the United States: “A government big enough to give you everything you want, is strong enough to take everything you have.” — Guess the President–
Thomas Jefferson.
You know I believe that between him and a few others – they understood how if the checks and balances were not maintained – suffering would take place. Oh – that’s right they did. Wasn’t that why the structure of the United States was created? (You know you see it on the street everyday, but turn your head or ignore because you don’t have much either.)
Who could possibly stand up and start speaking up? Who could possibly start and maintain the this is wrong and this is how we are going to fix it. I don’t know of another FDR out there. Fear consumes now.
People who do stand up, are brought before the media and slammed, disgraced, and lied about. Where is honesty and nobility… for the people?
