The Four Wise men

Posted: April 19, 2010 by datechguy in internet/free speech
Tags: , , , ,

They came from two different continents and four different countries. One had fled war, another left as a wall fell, and two of them via the visa lottery simply to make a better life for themselves.

The first was born in the old soviet union in the early 60’s and came to the country after the fall of the wall. He went to school and worked hard finally finding himself wearing a ranger’s badge on the Boston Common. He talked about saving his money and educating his children and the appreciation of life in America. He didn’t always agree with his adopted country but it made a better life for him and his family

The second came from Ghana. Driving an overnight shift he talked about how he was able to support his family and make a life for his kids. He drove long hours but felt the rewards and the possibilities were great as long as his children took the time to take advantage of them and stayed true to God.

The driver from Eritrea

The third came from Eritrea, he talked about coming here in 1992 and his wife following the next year. He was amazed at all that was possible in America. Two of his four children were in college and two more were growing up. He spoke with amazement at all that was possible for him and his family.

The fourth came from Ethiopia and eloquently told of his life, His two children were grown now one married and one not. He talked of the 16 hour days he worked both driving cab and in a small variety store he ran. He expressed his disgust as he

An amazing man from Ethiopia

would see people spend hundreds of dollars a week on lottery ticket machines daily just outside his place only to come inside and pay for staples with Food stamps.

Their stories all wound through different path that led to America but they shared so many traits, hard work, a desire to make their lives better, stressing education , responsibility and thrift to their children and simple amazement, particularly of young Americans who neither understood or appreciated the opportunity that is their birthright. They were determined that their children would know and understand the great gift granted them, to live a life in a land where they could even in bad times reach their full potential if only they were willing to do it.

They had one other thing in common. All of them expressed support for the tea party movement. None of them marched or held a sign or rallied, but their pursuit of the American Dream taught them those same values that millions were marching for. Every man and woman who spoke at a rally would have heard and approved of their stories, the details were different but the ending was the same. Their story is the story of America at its best.

There are very few pleasures greater than meeting readers for me.

I am pleased and proud to have her as a member of the Axis of Fedora.

…on the impromptu trip thing.

Oh and I second Stacy’s motion.

BTW I know you’re waiting on the Washington personal story but I’m a bit under the weather this evening. I’m doing worse than the Red Sox so I’ll get it written in the morning.

…in a long and detailed post on the subject and the Washington Post article that it is based on. You should read it all but there are two points he makes that are worth emphasizing:

For many years, lenders were able to get away with making high-risk loans because of the steady upward trend in the housing market.

“Asset value” in a rising market meant that if you loaned $300,000 on a house and the borrower defaulted –hey, no problem! Foreclose on the loan and re-sell the house for $350,000. So it didn’t really matter how shady the borrower might be, as long as the value of the asset kept going up.

When the housing bubble was really cooking – 2003 through 2006 — both the borrowers and the lenders were thinking of the houses as investments.

I know my house is an asset and it has a market value, but that market values comes from it being a place to live. Yeah my wife would like to build a new one and someday if I have the money to build her that house she wants I will, but until that day comes the value of my house to me is based on the roof and walls and the shelter it provides, it has value because is it home. Who cares what the bank says it’s worth? My eventual goal is to pass it on to one of my sons to give his life a jump start.

If more people thought that way maybe we would be in better shape.

The Second bit is more about human nature:

We can generate new regulations designed to prevent a repeat of the WaMu collapse, but those new regulations — like the old regulations — will only be as good as the officials who enforce them. New regulations will inspire new evasion techniques, equally risky new ventures will attract investors with an appetite for lucrative risks, and the next “bubble” boom-and-bust will occur in some as-yet-unsuspected market sector.

There are two lessons here, it’s like computer security, you password is only as secure as the least careful person who has it. This means you have to have good people willing to enforce any rules you have. The second is about human nature, you can’t repeal it, you can only reveal it.

For example I’ve always thought the laws about not accepting a meal from a lobbyist are foolish. An honest person can’t corrupted by a meal and a dishonest person will find a way around it. That’s why campaign finance laws are a sham, they restrain the honest while giving the dishonest the veneer of respectability as they skirt the rules. Much better to just have full disclosure so people know where the money is going.