With Obama still with good approval numbers after an incredible speech to the Muslim world, yet another right wing lunatic decides to cash in on all the lunatic fringe comments from the lunatic wing of the right wing party by shooting a security guard in the name of white supremacy.
You also have the Right in a CANNOT WIN battle against Obama's new Chief Justice nominee, Sonia Sotomayer. Calling her a racist, while simultaneously inferring that she was only picked because she's Hispanic (a subtle racist comment in itself).
Either way, there is a lot for Progressives to be happy about. With a new health care plan being debated, the rightwing being led by Rush Limbaugh, Fox News being led by Glenn Beck (interesting fact: Glenn Beck converted TO Mormonism...a religion that, let's face it, is full of good intentions, but base their entire stance on an absolute false prophet - Joseph Smith) and Obama getting high marks in all areas of the country, we all have a reason to smile and be glad to be Progressive. Okay enough with the run-on sentences...down to business.
How I Would Save America:
I think 2 things can easily and quickly save this countries economy. I know many of you will cry socialism or that this is unfair economic practices, but let's be clear...these dire times require a dire solution.
#1 Thing: 3.9% APR Home Mortgage rate backed by the federal government. The government needs to offer a low percentage rate to all Americans with decent credit. This will not only allow most families to re-finance their homes...but will allow families who may be on the brink of foreclosure make their monthly payments lower. This is not a system to reward bad decisions. This rate will only apply to those with good enough credit and those who have been in their homes and paying on time for years. This one change can save the entire mortgage industry and bring back construction of new homes at a record pace. This rate would NOT apply to a second home or investment property.
#2 Thing: 3.9% APR Auto Loan rate for all American cars that get over 30mpg, once again, backed by the federal government. Allowing a guaranteed low percentage rate to those with decent credit is not only smart, it will get the auto industry booming again and all of them making cars/trucks that get over 30mpg. This can not only help save the environment...but also to save working families on a budget with gas prices.
Now I'm not pretending to know the ins and outs of the mortgage industry or the auto industry. But I do know simple math. I also know my current situation. My home mortgage is at 5.9% and my auto loan is at 4.99%. In both instances this would help me.
I thought about a "#3 Thing" being a government backed credit card at 3.9% interest but then realized that's what got us into this mess to begin with. Instead we need a credit class in all of the high schools across the country.
Anyway...that's my tirade for the day...back to work!
Posts
Compliance is Not Consent
7 years ago
