[kj] [OT] More Palin

[culturevirus]

I'm unfamiliar with a govt mandate that everyone should be entitled to a house. Can you provide me some piece of legislation that suddenly forced the banks to extend loans to people not capable of handling those loans? Considering the power of the banking industry I don't see how they would allow their hands to be forced in to doing something they don't want to do.

No matter where you live in the US the majority of the food at your local grocer is not locally produced. Produce in particular can come from half the world away. The increase in fuel costs have contributed to the rise in food prices as well.

I am culturevirus

  ----- Original Message ----- 
  From: 
  The Exorcist 
  To: A list about all things Killing Joke (the 
  band!) 
  Sent: Friday, September 12, 2008 2:20 
  PM
  Subject: Re: [kj] [OT] More Palin
  
Food has gone up a lot because of Ethanol. The 
  farmers grow crops for fuel rather than for food.


One massive 
  fuckup of the economy (here in the US) was/is the mortgage crisis and 
  loans.
Most of that was due to a mandate that certain people (*ahem ahem*) 
  in the gov't made that 
"Everyone is entitled to a house". It did not 
  matter if they can afford it or maintain it,
they forced banks to give out 
  loans to people that never would have given one to in the past.



      
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