Quote:
Originally Posted by RichC
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No, the stupid bastards that gave the money to the stupid bastards that bought too big of a house and couldent afford it.
Or how about the stupid bastards that have loosened the regulatory rules
that let the stupid bastards, give the money to the stupid bastards.
By the way, how much is you mortguage payment ?
How secure is your job ?
Are you feeling ill, and maybe need to have an extreamly expensive, bankrupting, hospital stay ?
RichC
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I only have one small disagreement with you:
"Or how about the stupid bastards that have loosened the regulatory rules
that
let the stupid bastards, give the money to the stupid bastards."
bold added for emphasis
In reality, the stupid bastards who loosened the regulatory rules, actually REQUIRED the other stupid bastards to give more money to the stupid bastards.
This is a problem when government spending is used to buy political power. In this case, the dems were buying votes by forcing lenders to make mortgages that did not meet their financial requirements.
It was not a problem of deregulation as much as it was caused by political motives.
In other cases its the repubs who send money to their friends. The difference is that in this case, it has the potential to bankrupt the country. All this from a party that promised the "most ethical" government in history. Speaker Pelosi should lose her leadership position.