Obama Care Gets its Day in Court and a Few Other Things on My Mind

My writing has slowed quite dramatically this past month or so.  It seems that not much is really happening that inspires me to write.  I mean, how much can any body rail against socialism and big government before it becomes redundant? So what else is there to write?

Things taking place now for which I am paying attention none the less are:

• Supreme Court hearing the constitutionality of Obama Care.  Hopefully they will find limits to the government’s powers with respect to the commerce clause.  Once they find it legal to compel an individual to have to purchase something from a private entity, then I am sure our constitutional republic is dead.  Charles Krauthammer’s recent article call Obama Care: The Reckoning has me so very optimistic.
• The stock market and its pointless fluttering day in and day out.  Maybe the above will cause it to do something – anything to give an indication of where this economy is headed.  I still harbor convictions that holding gold and silver are necessary to not falling prey to the federal reserves  monetary policy.
• The reconstitution of the York County Republican Committee here in Virginia.  I have left the committee in protest the last 2 bienniums as a result of the committee refusing to admonish the big government embracing on the part of supposed limited government members of the party (see https://livinghereinamerica.wordpress.com/2012/02/02/the-necessary-evil-of-local-gop-party-politics-to-engage-or-not-to-engage/ )  The Committee has a pro-Ron Paul supporter who is running for the chairmanship and there a numerous pro-Constitutional and Ron Paul supporters looking to make the party more conservative in terms of limited government than the other times I participated.
• The remaining period of free agency in the NFL
• The NCAA final four
• The NFL Draft

So as the above plays out, I lay low.  I get up, go to work, come home, enjoy some rest and relaxation with my family and do it again…wondering how long all of it is going to last.

Obama is Fixing Economy? Homeowner Mortgages Continue to Default Leading to Foreclosure Proceedings

Today’s online and print versions of the Daily Press newspaper show a still astonishingly high number of public notices for property mortgage foreclosures.  http://classifieds.dailypress.com/classifieds?category=public_notice

I am a bit confounded as thought I recalled the President indicating during his State of the Union Address last month that his economic recovery plan was working.  There is similarly positive indices posted at the various National Associate of Home Builders websites.  http://eyeonhousing.wordpress.com/ and http://www.nahb.org/default.aspx . Apparently, news of the recovery in progress has not yet reached my community’s housing market.

Today’s 30-year fixed rate are still hovering just over the all-time lowest rates at 4.00%.  http://www.bankrate.com/mortgage.aspx

So why are so many people here still going facing foreclosure when there is a chance to save the property by doing a refinance to a much more affordable rate?  There could be a number of reasons.  Maybe they are unemployed.  Maybe the appraised value of the property has plummeted and they are very much upside down.  Regardless, if one small metropolitan service area such as the lower Peninsula of the Hampton Roads area of Virginia (Cities of Newport News, Hampton, Poquoson, Williamsburg, and counties of York and Gloucester) has 128 published foreclosure notices then clearly the economy is not yet on the road to recovery.

Call me confused and dumbfounded.  Or better yet a skeptic. I am that same guy who also thinks the stock markets are oversold and headed for a steep decline.  But that’s another post for another day.