By Matt:I am 31 years old and for the first time in my life I have fundamentally lost all faith in the people leading our country. This, of course, is a result of the recent bailout package that is currently circulating through our do-nothing Congress. And although countless Senators have come out and said “we warned of this happening,” I cannot find a single documented instance of that actually happening. What were our so-called leaders thinking????
Who thought it was a good plan to lower the under-writing guidelines so that people could get a mortgage who never had a chance of repaying them? Oh wait…it was Bill Clinton because you know it’s not politically correct to be denied a loan.
Who thought it was a good idea to allow Fannie and Freddie to loan out unlimited amounts of money to banks as long as it was going to be appropriated to loan programs for the above mentioned programs? Oh wait... it was all the Congressman who have had their pockets so lined with Fannie and Freddie dollars - Obama being the #2 leading beneficiary over the past two years.
But it’s not just the Democrats. There has not been a single Republican to take a strong stand on this over the past 13 years! This Congress is the most incompetent, self indulged group of morons this country has ever seen. They all need to be kicked out!
And the public certainly has to be blamed as well. When are we going to wake up and realize that absolutely no major government led program has been successful over the last 25 years? There’s Social Security, Welfare, the Public Schools, Fannie and Freddie and now the leading candidate in the presidential race wants to add yet another one: Health Care. As my 3 year old son would say with such vim and vigor: ”oooohhhhh good idea!”