To: Uncle Miltie
We are still productive.
But we are hopping mad!
We never, ever would have accepted a gigantic tax increase to give money to poor people to buy houses.
Instead, Congress forced BANKS to lend money to deadbeats . . . who could not pay it back . . . and caused the collapse. . . . and we taxpayers will still end up paying for those houses.
Socialism by accident.
To: atomicweeder
You know, I rarely see anyone talking (so far) about the fact that Congress pressured banks to make home loans to people who should have never had home loans. I have also wondered if another piece of the puzzle was the fact that they could make the loan and then move it on to Fannie Mae etc? That way, they didn’t CARE if it had a chance in hades of being paid back.
susie
18 posted on
09/19/2008 4:38:36 PM PDT by
brytlea
(Obama--Keep the change!)
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