Socialism USA
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James Simpson
Published: October 2, 2008
The Democrats are succeeding where the “Socialist Party USA” and “Communist Party USA” have failed. As I write this column, the United States Senate just passed the proposed $700 billion bailout —
the largest government takeover of the private sector in history. Dwarfing the Great Society or New Deal, these traitors to the United States Constitution have decided to allow millions of people to shirk
the responsibility of making ill advised business decisions and poor financial investments. Instead of holding the responsible parties accountable — including themselves — we are now all going to be
paying for their sins.
The bailout is going to reward mortgage companies by allowing them to remain in business after loaning money to people who should never have qualified. Of course, they will likely be considered
acquisitions similar to Freddie Mac and Fannie Mae. The bailout will also reward those homeowners (who should be losing homes they could never rightly afford) by allowing them to keep their homes and
forcing the rest of us to pay for their shortcomings.
By the way, look for prices to start going up in the near future. Inflation is created when the government artificially adds money to the economy, and this bailout is going to add a tremendous amount of fiat
money into circulation.
I have to hand it to the socialist Democrats. Their loosening of lending policies successfully led to the point where Americans are so frightened of the economic consequences from bad investments that
most people are clamoring to have the government swoop in and fix the problem. A problem our politicians devised, planned, and engineered in the first place.
In the near future it is likely that we will see the takeover of our health care system; likewise due to policies created by the government which are helping to drive the private system into the ground.
My editor asked that all future columns be written about local issues. So here is where I explain how all this relates locally …
For the first time in my life I am late paying the second half of my real estate tax bill. I should have it this month, but the fact that it is a couple of months past due is very disappointing to me. In addition,
my health insurance is now just shy of costing me $900 per month. Things are tighter now than they have ever been, and my taxes continue to rise. We are a welfare nation and those of us who are hard
working Americans are now being squeezed dry by a government that spends non-existent money in a federal budget comprised of mostly unconstitutional expenditures and appropriations.
In an effort to finish my basement and create more living space a few months ago, I applied for a home equity line of credit. This was prior to the mortgage sector meltdown. I was turned down because my
house did not have enough equity in it to qualify for a $15,000 loan when comparable appraisals in my community came back as low as they did. Yet the taxes I am paying this year are based upon an
assessed value that is more than $50,000 above what I could ever hope to get if I tried to sell. This should be illegal.
Of course, part of the mortgage meltdown is due to the influx of illegal aliens. Get a grip — this is not racism. There are some people who use phrases such as “anti-Hispanic policies” when referring to
legislation proposed by local representatives, but that is just hate-mongering. None of the laws or policies proposed target LEGAL Hispanic residents. I gladly and wholeheartedly welcome Hispanics who
work within the laws and wish to immigrate to the United States and become citizens.
Anyway … getting back to the illegal alien aspect of the mortgage industry crisis, this past year there have been no fewer than eight foreclosures in my townhouse court. At least two of those were
dwellings occupied by multiple Hispanic/Latino families. I am willing to bet that statistically there is a far greater ratio of Hispanics defaulting on home mortgages than there are represented in the
population. It will be hard to determine the exact number as many were straw purchases or properties bought by speculators. The people who actually owned the homes are the same people who will now
be allowed to keep these investment properties due to the bailout.
I would like to know something … just how are members of Congress able to live with themselves?
James Simpson lives in Lake Ridge. To view the relationship between the mortgage industry and presidential candidates, visit http://www.opinioncolumnist.com.
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Posted by ( scorpio ) on October 07, 2008 at 11:41 am
Mr. Simpson - maybe America should indeed o through some form of socialism before they quickly reject it once they have a good taste of it as it happened in number of other countries. Unfortunately, most Americans do not have a clue what real socialism is and they are easily buying the idea of “take form the working and reach and give it to me and my kind”. Every new socialist government is telling it’s people that this time it is really going to work, that it is a different type of socialism than the ones that didn’t work before. And voters unfortunately bite the bait. Countries like Austria(where I have lived for two years and where people had so much enough of that a few years ago they voted litteraly a Nazi for president who had to step down under international pressure - do a surch for Jorg Haider); or Spain (where my sister lives and has chosen to pay for private medical insurance rather), or Sweden etc. - they have been there, done that and they are still licking their wounds. Taxes in these countries are around 50%, yes, fifty percent! Bums would not go to work even if they chase them with a stick but rather collect unemployment and sell their food stamps for boose and drugs. Do you know how long you have to wait for a regular test if you let’s say become pregnant? You might have the baby before the appointment takes place… And where will the government money for these new social welfare programs come from if Obama will not increase your taxes?!? Have you forgotten Mark Warner’s empty promises for not raising taxes? Or Tim Caine’s?
Anyone still interested in socialism?
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Posted by ( QuestionAuthority ) on October 07, 2008 at 7:07 am
I love Mr. Simpson’s delusional rants.
From the day Ronald Reagan stepped into office the Republican party has been diligently doing the “hard work” of dismantling the regulations put in place after the great depression that were intended to prevent us from having another great depression.
Republicans have been in charge of the Congress for 10 of the past 12 years and in charge of the White House for the past 8 years.
But somehow it’s now the Democrat’s fault that the economy is broken? Democrats alone voted for the bailout plan? Democrats alone loaded that bill with pork? Who was it I heard support the bailout plan in a recent debate? Oh yeah, that’s right…John McCain!
But like obstinate children stomping their feet and insisting there IS a Santa Claus, the right wing has closed their eyes tightly, covered their ears with their hands and is chanting the Republican talking points as loudly as they can.
Sarah Palin can’t name a newspaper she reads, doesn’t know what the Bush Doctrine is, can’t name a Supreme Court case she doesn’t agree with, can’t compete in a debate and thinks being able to see Russia gives her national security experience, but the right wing insists she would make a great president if (God forbid) something were to happen to McCain.
John McCain doesn’t know how many houses he owns, repeatedly stated that the fundamentals of the economy were strong just hours before Wall Street crashed, and believes the way to fix the budget problem is to freeze spending and cut fat out of defense contracts, but the right wing insists he’s in touch with the common working family and is our best hope for economic salvation.
The Republican party has taken us on a 12-year bender that has turned a budget surplus into the largest debt in US history, waged an unnecessary war and so badly botched the occupation that we’ve been fighting it longer than we fought in World War II. They’ve ruined the economy, broken the military, inspired a new generation of terrorists, and instituted a policy of torture for the first time in American history. They’ve corrupted the Justice Department, conducted their business in secrecy, illegally spied on Americans, and put themselves above the law by using signing statements to avoid complying with the law. We are coming to the end (hopefully) of the most ignorant, arrogant, incompetent and lawless administration in modern US history, yet the right wing continues to insist that the Republicans are the only ones who can bring real change and leadership to Washington.
Fortunately it appears the American people aren’t so eager to be duped again. The tide is turning in favor of real change and leadership built on hope, not fear.
It’s time to take off our Republican hats, put on our America hats and (holding your nose if necessary) step into the voting booth and not repeat the mistakes of the last 8 years!
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Posted by ( RonCharest ) on October 03, 2008 at 6:02 pm
Mr Simpson,
GET A GRIP!
The Democrats were handed an emergency request by the Republican-picked Treasury Secretary to bail out his Republican friends on wall street who en-mass have managed to destroy the American economy, under the eight year guidance of a Republican administration. The Democrats nibbled around the edges, threw in a few tax-reductions as bribes to their cowardly Republican collegues, and then passed essentially what the Treasury Secretary said he needed to save America as we knew her.
And now you are blaming the Democrats for having the courage to face up to the problem, while the Republicans who enabled this mess hide behind their mommas aprons?
I would say UNBELIVIBLE, except that I’ve learned these past eight years that there is no slime bottom to how far Republicans can sink.
But this column does, once again, lead me to ask the burning question: Is Mr. Simpson the best this newspaper can do for a columnist?
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Posted by ( anonmom ) on October 03, 2008 at 4:40 pm
Gary, I hope you take your own advice.
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Posted by ( Grant Gary Jacobsen ) on October 03, 2008 at 9:40 am
Mr. Simpson should write about “local issues” from now on.
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Posted by ( Sammy B ) on October 03, 2008 at 8:33 am
Did Mr. Simpson actually just place the blame on Democrats for loosening lending policies and causing this meltdown? The Republicans are the ones who have spent years fighting for the kind of deregulation that let Wall St. take outlandish risks with the economy. And given that the largest of those expenditures of non-existent money he complains about is a $10 billion per month war in Iraq, I think it is ridiculous of him to criticize any Democratic policies in the same column. I suppose that we should expect as much from someone who is “willing to bet” that a particular ethnic group is disproportionally defaulting on loans. That sort of amateur rhetoric is not going to get you on to the debate team.
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Posted by ( k.o. ) on October 03, 2008 at 8:27 am
Kudos, Mr. Simpson. There is much truth in what you say. The Dem Party should just be honest and call themselves the Socialist Party. Diversity training has indoctrinated a couple of generations in socialism, immigrants are continuing to live the socialism learned in home countries, and the media continues propaganda to continue the social engineering. This was the greatest country in the world; it was a great experiment in democracy while it lasted.
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Posted by ( rain3fly ) on October 03, 2008 at 6:32 am
The wheels are falling off Jim Simpson’s little Yugo of Stupidity. All he can do now is rant about the world that is passing him by. He is no longer credit-worthy. His party is losing, and for good reason. For years he has lived in a world ruled by easy credit, deficit spending, and cheap optimism while we invaded other countries, subverted our civil liberties, lied to ourselves, divided our people for political purposes, and enriched the elite few at the top. Simpson has been wrong, again, and again, and again, and it’s now obvious to everyone but himself. So he rants. Now he has to live with immigrants who know how to do their own basements and he can’t afford to have it done himself. Anyone capable of rubbing two brain cells together are moving forward and are abandoning the know-nothing arrogance that Simpson has championed in his columns for years. Now he has to write on local issues. So get out and meet your neighbors, Jim. They might be nice people, and they might show you how to do your basement with a little Hispanic ingenuity and Mexican hard work. Good ol’ American hot air won’t cut it anymore… But instead, he takes the Sarah Palin approach and spins the question to his prepared answer: blame the Socialists! If your life sucks, then make it better by thinking better, learning more, listening, and like I said, getting out and meeting the neighbors. In addition, Simpson and his children will have to deal, like the rest of us, with all the harm and debt that Jim’s favorite political party has wrought. Progress is winning, negativity is losing. Get over it, Jim, and do something positive. Fix your own basement!
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Posted by ( phdee ) on October 03, 2008 at 2:45 am
st have acess tp those antedote tales by Corey Stewart in his 8 item resolution on ethnic cleansing.
In that resolution, real estate tax exemptiions was targeted as one where illegals allegedly abused the service. Sterwart never provided one example of someone who abused the service, however.
Now, to ge the real estate tax exemption, you must be disabled, or age 65 or over, pass an income test, own a house, etc. To hear Stewart and anti-illegals idiots tell it, a disabled or 65+ year old low income person crossed the Rio grande, came all the miles to PWC, bought a $300,000+ house, passed the poverty test (income), and then applied for and received a tax exemption. Isn’t that hilarious!!!! Disabled, broke, no job - but came in a wheelchair all the way to PWC to get tax relief. What ignorance.
This is typical of simpson’s ignorance.
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