Economy

THE JUNGLE REPORT

Welcome to The Jungle Report. Musings on political jungle where common sense and the RIGHT way prevails. Come back often for more interesting stories and analysis.

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Entries Tagged as 'Economy'

Mortgage Payment or an IPhone?

November 2nd, 2008 · 1 Comment

Wow.  If you read the news lately, many can’t afford to make the new mortgage payments.  Foreclosures have increased ten fold.  But hey, they are still buying the IPhone.  Here is the latest news. 
Where’s my bailout?  Time to go look for that mansion and finance 100%.  Then stop making the payments.  Hopefully my bailout will be […]

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Tags: Economy · Humor

Now McCain wants another morgtage bailout

October 8th, 2008 · 5 Comments

This is unbelievable.  Let’s just reward people that made questionable decisions.   Not saying all foreclosures are from bad people, but hey, maybe I should have bought a mansion too, so I could get bailed out by McCain.
But no.  In this case, I’m going to bail out someone else who bought that mansion.
The Republican party has […]

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Tags: Economy · Politics

Fannie Mae Eases Credit To Aid Mortgage Lending - in 1990s

October 1st, 2008 · 1 Comment

Read it and weep.  Story from NY Times in 1999. 
Now we all are paying the price for lax lending practices.  All corrupt from top to bottom.  Clinton’s idea of trying to help the needy is to just give them money.  Now it has all come crashing down.

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Tags: Economy · Politics

No Bailout Petition

September 26th, 2008 · 1 Comment

I urge you all to sign the petition for no bailout.
http://www.nowallstreetbailout.com/

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Tags: Economy · Politics