Have you wondered about the timing of AWBII? Don't wonder anymore. Just look at the meltdown in the housing industry.
Most of the news media re pointing out the potential of over a million homes being lost to foreclosure in the subprime markets. Imagine over a million people being tossed out on the street and their desperation and anger. It has the potential for making Katrina and New Orleans looking like a breeze that blew down your pup tent.
These losse will not be just in one area. They will be spread all across the nation. The primary losers will be those that can least afford to go elsewhere -inner city, minority and the elderly. The banks refer to that as the "subprime market."
Do you think that our government and the special interests that run it want these people(and the rest that will be affected later on down the road)to have access to firearms ? I seriously doubt it.
Why do we have the crisis? The Federal Reserve which is NOT a government agency(it is composed of representatives from all of the major banks and is a corporation in its own right) raised the interest rates a notch at a time. The lenders could not and can not offer to refinance these Adjustible Rate Mortgages that are coming up for adjustment because of the rates that are out there now. The ARMs will adjust a certain number of points above the CURRENT rates thereby doubling and tripling monthly payments. People that have never had homes before will lose them and their hopes of living the American dream.
Sale prices will fall to the quick sale prices that the banks seek on foreclosures. New construction will stop and many people that rely on construction for their income will lose their jobs and so the cycle will grow.
The government and the banks and allied corporations do not want these people to be armed. Finally, people will realize who is really screwing them and are liable to take violent action. What better way to take that action than with an "assault weapon"?
AWBII has nothing to do with making the streets safe or even violating our rights. It is a matter of self preservation for the $250 million dollar a year CEOs and their servants in Congress.
Most of the news media re pointing out the potential of over a million homes being lost to foreclosure in the subprime markets. Imagine over a million people being tossed out on the street and their desperation and anger. It has the potential for making Katrina and New Orleans looking like a breeze that blew down your pup tent.
These losse will not be just in one area. They will be spread all across the nation. The primary losers will be those that can least afford to go elsewhere -inner city, minority and the elderly. The banks refer to that as the "subprime market."
Do you think that our government and the special interests that run it want these people(and the rest that will be affected later on down the road)to have access to firearms ? I seriously doubt it.
Why do we have the crisis? The Federal Reserve which is NOT a government agency(it is composed of representatives from all of the major banks and is a corporation in its own right) raised the interest rates a notch at a time. The lenders could not and can not offer to refinance these Adjustible Rate Mortgages that are coming up for adjustment because of the rates that are out there now. The ARMs will adjust a certain number of points above the CURRENT rates thereby doubling and tripling monthly payments. People that have never had homes before will lose them and their hopes of living the American dream.
Sale prices will fall to the quick sale prices that the banks seek on foreclosures. New construction will stop and many people that rely on construction for their income will lose their jobs and so the cycle will grow.
The government and the banks and allied corporations do not want these people to be armed. Finally, people will realize who is really screwing them and are liable to take violent action. What better way to take that action than with an "assault weapon"?
AWBII has nothing to do with making the streets safe or even violating our rights. It is a matter of self preservation for the $250 million dollar a year CEOs and their servants in Congress.
