Posted on 06/06/2011 5:02:57 PM PDT by Kaslin
Two unrelated news stories on the same day show the contrast between government decisions and private decisions.
Under the headline "Foreclosed Homes Sell at Big Discounts," USA Today reported that banks were selling the homes they foreclosed on, at discounts of 38% in Tennessee to 41% in Illinois and Ohio.
Banks in general try to get rid of the homes they acquire by foreclosure, by selling them quickly for whatever they can get. Why? Because banks are forced by economic realities to realize that they are not real estate companies.
No matter how much expertise bank officials may have in financial transactions, that is very different from knowing the best ways to maintain and market empty houses.
Meanwhile, there was a story on the Fox News Channel about schools that are using their time to indoctrinate kindergartners and fourth graders with politically correct attitudes about sex.
Anyone familiar with the low standards and mushy notions in the schools and departments of education that turn out our public school teachers might think that these teachers would have all they can do to make American children competent in reading, writing and math.
Can't Ignore Basics
Anyone familiar with how our children stack up with children from other countries in basic education would be painfully aware that American children lag behind children in countries that spend far less per pupil than we do.
(Excerpt) Read more at investors.com ...
Ping
“by selling them quickly for whatever they can get. Why? “
The why is, that they realize it’s only going to get worse...
The old “hot potato” thing. They don’t look forward to the down sine.
Sorry, sine=side
History repeating itself once again. Homes built in the ‘20’s for $15,000 sold in the ‘30s for $5,000. Kenysan econ at work. Marxist idealism the driving force.
But...but...all the kids need to know how to have sex with each other! That way, I can get homosexual laws through and legalize rape! And government can’t fail! Only I can say whether it fails, and I already know it can never! Why does nobody believe me!?!
We have to get over the idea that the number of laws congress passes in one session is a measure of their productivity.
You are very welcome :)
Bump
You’re REALLY new! Welcome, I like your screen name!
“They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that political rhetoric is no substitute for competence.”
Pay attention TEA Partiers. The ol’ man has spoken words of wisdom for us all.
We have to stop them. “They” are the Socialist Democrats, and the RINO’s that have been glued to those seats in Congress far too long. Time to go. Buh Bye.
Thanks for the ping jaz.
Thanks!
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