The bail outs

so far John McCain is the only one, im my opinion, that has got it right on the housing/financial mess we find ourselves in now. The govenment cannot and should not be the borrower of last resort. People(home owners) and companies(Bear Sterns) should not be bailed out by the government. If you purchased a house with one of these questionable loans, that is your fault, not mine. What about the people who got into "good" loans and have made the payments and now will have to bail out people who bought houses that they could not afford? What do they get? Where is their bail out? Many of the people who are suffering in the housing mess bought houses they could not afford unless done with one of these questionable types of loans, or they were merely speculating that housing prices would continue to raise and they would be able to refi over and over again and pocket the equity. When you speculate in a market and are wrong, you lose. Thats the way it is supposed to work. The same with Bear Sterns. The government should not have bailed them out for one penny. They speculated and lost and they(shareholders)should have paid the price for it. The government shouold not be interfering with that.

The primaries

A couple of things I want to blog about, well maybe only one thing anyway. Clinton has been trying to make it look like Obama does not want a re vote in Michigan and Florida. I'm not qualified to comment on Florida, but having lived in Michigna for over 30 years before moving to Vegas, I feel somewhat qualified to comment on it.
Clinton has tried to get the vote in Michigan to count, yet Obama was not even on the ticket. That hardly seems fair or democratic. She has also held the position that there should be a re-vote in Michigan. Obama has, in theory, agreed to this, if it could be done in a manner that was agreeable to both of them. Ofcourse Clinton's idea of a fair vote would be to prohibit anyone who voted in the Republican primary, namely Democrats or Indepenants who refused to vote for Clinton and instead voted for McCain from participating. This ofcourse would stack the vote for Clinton. Again this seems neither fair nor democratic. The only fair way to do it, as I see it, is to not seat the delegates. Michigan knew well the price for moving its primary dates. They should now be willing to take their lumps. As it looks now, no re vote will take place and the delegates will not be seated. That is as it should be.

More from the car show

The Hot rods

My name's Mater, as in tuh-mater but without the 'tuh'

And still more

More Cops

This is not a U.S. Marshal, but a Las Vegas
Marshal. They are remenants from the
"old west" days aas I understand it.