There has been a regular spree of concessions and confessions lately coming from the US government and I don't know quite what to make of this surprising bit of frankness. Via a few bloggers either invited, planted, or embedded as part of a US
Treasury Department deep background self-assessment, senior officials basically allow that the subsidies and programs styled mortage relief are in effect only benefiting the banks and prolonging the suffering of homeowners. Under the terms of the program, for which only a narrow percentage of struggling households in America have managed to qualify and navigate the paperwork, total debt is not reduced, just the terms of the repayment schedule: families already underwater on their mortage--owing more on their home loans than their house is worth, can now pay less per month, letting banksters project more revenue due to interest on principle and thereby lend out more money with their risk of default mitigated by the government program. Even without the assistance of unextraordinary cynicism, if Treasury officials did admit to this, knowing the information would go public and be left to skewed to fairly sober judgment, that is pretty flooring in itself.
It is like the latest Wikileaks dispatch that poses the equally unextraordinary question what if America is garnering the reputation as an exporter of terror and general ill-will. Is the US government more willing to entertain the hypothetical, even unapologetically so? There is another blatant beast, as
reported by Time Magazine, in the headlines concerning a California circuit court ruling that upholds the right of government agents to pop a tracking device on any one's vehicle. The Constitutional augurers, very non-chalantly, decided that a citizen has no reasonable expectation--or freedom from intrusion, in his driveway. I am sure that gated-communities within this court's jurisdiction are exempted.
It is like the latest Wikileaks dispatch that poses the equally unextraordinary question what if America is garnering the reputation as an exporter of terror and general ill-will. Is the US government more willing to entertain the hypothetical, even unapologetically so? There is another blatant beast, as reported by Time Magazine, in the headlines concerning a California circuit court ruling that upholds the right of government agents to pop a tracking device on any one's vehicle. The Constitutional augurers, very non-chalantly, decided that a citizen has no reasonable expectation--or freedom from intrusion, in his driveway. I am sure that gated-communities within this court's jurisdiction are exempted.
