Puts me in mind of this quote...
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville
Sigh.
This housing, credit crisis is the result of a bunch of libs enriching themselves off encouraging buyers who are not credity worthy to buy houses they could not afford. They also forced lenders to make loans that were not going to be repaid.
My house has no mortgage. When our children were small, they had multiple medical problems. They had all the medical care they needed and no one helped us pay a dime of it. We had special glasses, shoes, multiple surgeries, you name it, we had it.
I took care of my own kids. Now, I'm expected to take care other people's children and if I dont' want to do that, I'm not compassionate.
We paid off every loan we ever had. We were very low income people for most of our lives. Now that we were frugal, we're expected to take care of others--forcibly!!!
We have a whole generation of those who feel they are "entitled". I despise liberalism. It is destructive and will kill the goose that laid the golden egg.