“A leader is not an administrator who loves to run others, but someone who carries water for his people so that they can get on with their jobs”
Robert Townsend
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The sleazy democrats and their paper pushing cronies of the derivative markets made UNDER COLLATERALED LOANS.
so now they want the us tax payer to guarantee THEIR BAD LOANS or else.
They now realize that the 2005 bankrupcy reform FAILED TO CREATE THE PEONAGE of people forced into perpetual indenture.
People are just walking away from their homes rather than become slaves to the banks.
This is not about resuing main street, this is about the sleazoids who leant 400k on a 150k collateral property.
The democrats want to administer us out of a crisis.
You can’t administer your way out of a crisis, you have to LEAD the way out of a crisis.
Rush just said what I’ve been saying.
Fear. The Government is using fear to get into the mortgage loan business.