In 2001, 2002, 2003 2004, I am many others said we were (no predictions) in trouble with the crazy real estate boom and mortgage madness. Do you think in 2005, when the government "reformed" the bankruptcy laws to make it much harder to bankrupt, they did not have this bust in mind? Of course they did.
A law has been on the books since WWII that banks cannot foreclose on active duty personnel. Men between the ages of 18 - 26 must register for the draft, including green card holders AND ILLEGAL ALIENS. The Selective Service (the draft) can take people up to 39 years old now, the moment it is reinstated.
We have built camps for illegal aliens.
Today Gen'l Petreaus announced the surge has failed, if the point of the surge was to draw down our presence.
Others have detailed all the steps taken that point to an attack on Iran. If and when we attack Iran, all of the pressing problems we face will be solved by massive government action. We will all cheer.
Of course, we could also solve all of our problems by deregulating medicine.
Tuesday, April 8, 2008
We Are Ready To Attack Iran Now
Posted in market intervention by John Wiley Spiers
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