If Obama doesn't want to spend then he needs to keep risk involved in America.  A market without risk (the government standing there to bail us out at every hiccup) is a market waiting for doom.  You already saw what happened with the belief that every American should be entitled to own a home.  We saw the government basically pressure banks into providing loans to people not ready to shoulder the burden of budgeting and paying their bills (especially their mortgage).  We see it in many other areas.  I laugh all the time when they say it is a lack of regulation.  COME ON!!!!!!!!!!!!!!  The United States is one of the most regulated countries in the world.  Unless, of course, we want to compare it to a communist nation...but we are catching up.  The good news is we have reasonable regulation (some of it is ridiculous but some of it is needed and fair).  When you allow things to operate without risk involved people make poor decisions much to often.  That sets up the door for consequences.

Some blame it on Wall Street for bundling the home mortgages and selling them as securities and the whole nine yards.  If the government basically forced banks and other lending agencies into providing loans (and incentive to do so I might add) what would you do??  Tough question to answer isn't it.

This all started with the housing debacle and nothing.  I repeat NOTHING is being done to stop that.  Carter, Clinton and Bush held us hostage and Obama isn't going to release us.  His answer is to put a band-aid on it by creating more "affordable housing."  See, there we go AGAIN!  AHHHHHHHHHHHHHHH.....yup I just did what the title of this talk forum is!

Anyway, the quote linked to is just a warm up for the phrase called "tax raise."  Our government will soon be attacking those that were either lucky, fortunate or down right dedicated.  Those folks are the ones that own businesses, make good decisions, etc.  Not to mention, they are mostly the entities that create jobs and spend.  We are punishing them for their success.  Things are definitely going to get interesting.  And PLEAAASSEEEE spare me that idea that we are taxing the greedy.  Come on people, there will always be the fox types in the chicken coupe.  Trying to stop them is a waste of time.  Usually, the fat cat gets lazy and screws up and suffers the consequences.  If we let jealousy cloud our minds we are no better than them.

Tim Sandstrom

Minn. newspapers get retraining funds for Internet

Minn. newspapers to share $238K in grant money to retrain staffs for Internet age

• Tuesday February 24, 2009, 2:17 pm EST