Anyway, a thought came to my mind as I heard three of the same type of ads in a row: the irony of how conservative talk radio is plagued by shady ads from "mortgage" companies. Follow the economic news of the day and you'll read about the housing crisis affecting most of the country (not for us left-coasters.) According to the over-sensationalized news reports, about a million mortgages are expected to default due to the effects of subprime lending. For those in the dark, ABC News published a comprehensive article explaining the concept of subprime lending. Fault exists on three sides -- people with bad credit who have no business trying to get a loan, shady companies trying to take advantage of these people, and a government incapable of regulating these practices. (I'm all for small government but even the Feds agree they need more regulation in this sector.)
The irony exists in the fact that these "conservative" talk shows who arrogantly and violently assert themselves as the voice of reason, the defenders of "our great Nation," and (most importantly) at the very least claim to represent an economic platform that, despite all of holes one can poke through the Republican party these days, is superior to any liberal economic ideal... sell this shit. Thanks to subprime lending the "American dream" of owning a piece of this Nation will turn into a nightmare for a million mortgage holders and screw our economy far beyond Islamic fundamentalism, amorous homosexuals, violent video games, and hungry Mexicans combined.
The commercials, by the way, were in this order: Michael Savage yapping on about some mortgage company, a commercial about a mortgage company where the spokesperson seriously mentions "taking a blowtorch" to somebody's face, and then the local talk and news personalities of the Seattle-based talk station backing yet another mortgage company. These same financial Gods also run commercials about debt consolidation, investing in gold and other similar markets, turn-key "Nevada corporations," and blatent "get rich quick" schemes.
Let me reiterate: The following, which are common targets of "conservative" talk radio, have not fucked up our economy nearly as much as the subprime lenders our wonderful talk pundits will try to convince you to sign away your life savings to:
- Homosexuals, who simply want to love each other.
- "Illegal immigrants," in most cases the original inhabitants of this country, who come here and do almost anything to feed themselves and their families.
- Crazy hippies, who, for some strange reason, are evil for caring about the environment, whales, poor people, etc.
- The ACLU, Amnesty International, Greenpeace, and all other similar groups and all of the stupid things they care about such as civil liberties, human rights, poverty, etc.
- Fundamental Islamic terrorists who are sheep to their stupid religion--I mean, used as pawns by politically and economically motivated organizations.
- Liberals who are misguided about economics.
I don't think any of these groups, or all of them together, can be attributed to the economic damage of a million defaulted mortgages.
4 comments:
This proves that this world is rotten. They need a new god like Light to set justice.
YES! I wonder if they sell that book at Borders? I would have so much fun with that... more fun than this blog, for sure.
Look, they have it. I am going to get it with some of my coupons.
I'm actually going to target a different culprit for the problem and see if you agree: our educational system.
Where in the US educational system are there any lessons about fiscal responsibility, budget making, consumer mathematics, and saving versus borrowing? Zero. There's not one lesson anywhere about it. Our social studies classes--which is kind of where this fits in--is so geared towards history in lieu of present-day concerns that at best you get about nine weeks to cover the whole of economics such that you talk about supply and demand and that's it.
The only reason anyone grows up in this world caring about not driving themselves into debt well over their ears is because their parents taught them to do that. Society as a whole has grown to be too materialistic, and without education to attempt to reverse that process, it will never be self-correcting. It's all the "American dream" which is really more the "American nightmare" these days.
But that's okay, because my tax money goes to paying their sorry hides when they get on government assistance, right?
The whole thing starts to fix itself once we actually start to teach the stuff that's important; everything, God willing, will then sort itself out from there.
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