Gloom & Doom?

This is an article that I found in the Houston chronicle about Governor Perry's refusal to call a special legislative session to address the record number Texas homes that will most likely be foreclosed on. This is due to the high level of subprime loans in the state. The situation has gotten so bad that in august alone 16,970 foreclosures were filed. Texas Sen. Eliot Shapleigh warned Governor Perry that the economy could slip into a recession due to the sub-prime loans going under. And yet Gov. Perry seems surprisingly optimistic calling the impending crisis a simple "housing trend that occurs both in good and bad times". His dismissal of this issue is highly irresponsible. Texas is going to be in real trouble when these loans are recalled. Out of the top ten subprime urban centers we have seven including the top five: El Paso, Corpus Christi, Laredo, Killeen-Temple and Beaumont-Port Arthur.

But honestly I don't know where the blame should fall. On those who lack the will to help, or on those who allowed such impossible loans to be lent in the 1st place. The American people have all become little profit engines for the elite while the economy depends on the ability of the average joe worker to earn just enough to pay the minimum on his lifelong debt , never paying off, but always paying. Something really needs to be done about subprime lending. Too many Texans are getiing trapt in this vicious cycle.

Freedom, Sweet Freedom

There is an article that I stumbled upon in the Fort Worth Star-Telegram that describes the predicament of Dallas county and its 14 DNA exonerations. It talks about Texas Sen. Rodney Ellis's bill that pushes for the creation of an Innocence Council to open cases to review DNA evidence. Which seems like a good idea on paper but, of course you have your trigger-happy Republicans ready to shoot it down. State Rep. Kim Brimer declared it to be "just another level of bureaucracy". I guess everything is "bureaucracy" for subscribers of the less is more theory. I say lets get to exoneraterating, the prisons are already overcrowed as it is. Why keep innocent people incarerated? There shouldn't even be a debate, this is good for Texas. There's only six other states who have innocence councils therefore this would be really progressive and might even help to weaken the perception that all Texans are SUV driving, fencebuilding redneck bigots.

here's the link:

http://www.star-telegram.com/news/story/252116.html