Commentary and analysis on American politics, culture, and national identity, U.S. foreign policy and international relations, and the state of education - from a neoconservative perspective! - Keeping an eye on the communist-left so you don't have to!
... based on the number of toxic loans in the system in 2008, the government was responsible for not just a simple majority, but more than two-thirds. It's quantifiable — 71% to be exact (see chart). And the remaining 29% of private-label junk was mostly attributable to Countrywide Financial, which was under the heel of HUD and its "fair-lending" edicts.
Via Memeorandum and Verum Serum.
PHOTO CREDIT: That Mr. G Guy.
"Walkin' On The Sun"
John Sexton, at Hot Air, "University of Chicago postpones course on the problem of whiteness..."
Mary Chastain, at Legal Insurrection, "‘Deplatforming Works’: Ocasio-Cortez Celebrates Fox News and Tucker Carlson Parting Ways..."The Other McCain, "How to Translate Bidenese..."
2 comments:
It is extremely difficult for me to feel sorry for people like those who whine about the debt they took on. I passed the audition for the Conservatory of Music in Cincinnati at 17, but could not attend because my family, such as it is, could not afford it. I joined the Navy and received my draft notice 2 weeks after I enlisted.
I worked my job in the military, worked as a bar stocker, a bartender, performing at clubs, driving cars for Budget or anything that would earn money for my family. No whining. I accepted the challenges life threw at me.
I finally got to go to college at Golden Gate after I returned from 2 years in Southeast Asia. I really enjoyed being called a "baby killer" by women around the Bay area and dodging rocks because I wore a military uniform. Oh, and having my next door neighbor killed by one of those non violent protesters in Oakland was instructive as to the real face of this rabble.
I have finished both a BS in Business with two majors an MBA, have all kinds of professional certifications and still try to improve my education. NOT ONCE did I whine about how hard life was.
Now I see the same kind of people who now want to take away, read steal, everything I worked for while they were partying, getting "stoned" or drinking themselves to the curb. They, in many cases, did not apply themselves while they were in college and if watching them now is any indication are not taking the time to work for what the should.
These people are just not going to get much from me. What a bunch of cry babies and don't give me that bailout of Wall Street nonsense. Where were they when many of us tried to keep the bailouts from happening?
One of the hardest things I ever had to do was essentially to throw my son out of the house. I gave him an ultimatum that he find something to do with his life or get out. Of course I was fairly sure he would get off his duff. He joined the military. Now he has a Computer Science degree, and MBA and a large number of professional certifications. He worked hard and earned them. The only real help I gave him was with the advanced math and statistics. He makes good money as he should. I knew he had it in him. Somebody just needed to kick start him.
After looking at this current crop of whiners is it any wonder that American college students lead the world in lethargy and sloth. Only Slovakian students can come close to matching them. It is bad that academe has given so many of these student the idea that it is that piece of paper called a degree is the important thing instead of the knowledge learned. That probably happens when one has far more administrators than professors who actually teach.
Apparently we "low hanging fruit" have done a lot better that our betters occupying Wall Street et al.
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