The Fannie Mae / Freddie Mac Nationalization
I'm sure you've heard the old adage "Give a man a fish and you'll feed him for a day. Teach a man to fish, and he'll feed himself for life", right?
Far too often the government gives in to emotional displays (or just plain greed) and starts meddling, thinking that will magically fix it. That never fixes anything, only creates more problems (which amazingly is never the government's fault. EVER. You are just too stupid to understand their grand machinations and those evil, evil corporations and rich people are to blame. Mwahaha).
These loan companies were created because of the huge government push to make loans available to everybody, even those who no sane person would ever loan money to (we're not talking about people who genuinely need a bit of help, we're talking people who you know can not and will not ever pay you back). And now the government has stepped in to "save" these companies, which now means you are paying for someone else's bad decision. You are paying for the government's meddling, and removing all responsibility on the part of not only the loaners, but the loanees as well. And when someone knows that they can get everything they want "free", they have no reason to take initiative and better themselves.
A great example of this is Louisiana. For decades the state government told its people "Don't worry, we'll take care of you". Then 2 days before Katrina hit, they literally said "You are on your own". Mississippi and Florida got hit as well, but because their people were not wholly dependent on the government, it took much less time and money to rebuild. We are still spending and rebuilding in Louisiana, and Texas is about to get hit by Ike. Let's see how hard we can hit back. And then we can go fishing.
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I was intrigued at the shock and anger on people's faces as they told their story about staying in Galveston during Ike. Specifically, when they called emergency phone operators, they did not like being told to write their name and SSN on their arm and pray they make it.
No ambulance, fire rescue, or police are going to fare well out in the middle of such a storm. Pretty much this is why they set mandatory evacuations. However, a few people don't seem to understand staying means they are on their own.
Should governments force people to evacuate under certain conditions?
Should cities like Galveston not be allow to rebuild where they get wiped out for the third time (storm of 1900, Camile, now Ike?)
If you ignore an evacuation notice, be prepared or get out of the way. This isn't a tornado, you do get a week's notice
No, because eventually we'll run out of land to live on because one coast is hurricane prone, the center is tornado prone, the other coast has storms and earthquakes, and the north has blizzards and mudslides. And that's just the US. Learn from the damage and build a better house.
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