Thursday, September 25, 2008

Let 'em Fall

Seriously... why are my tax dollars going to help bail out the idiots? They took a risk, they failed, let the little guy come and mop up the mess... Capitalism!

The latest load of crap we're being fed is that the govt. is now basically buying the pools of risky loans (most of which have not defaulted yet - they are just risky) and manage/hold them until their vaules increase - thereby making money on the deal.

-Tax payers' money used to buy the pool of risky loans.
-Risky loans eventually make money.
-Tax payers' get a check for the profit made?

OR...

-Tax payers' money used to buy the pool of risky loans.
-Risky loans eventually make money.
-Government spends "profit" on more government programs, increasing the size of government, cost of government, etc, etc... Socialism grows.

I wish our government had a RESET button... all of these clowns need to walk. ALL of them. Douchbags.

1 Comments:

At 3:16 PM, Blogger Chris said...

ALL of them? That's a pretty powerful statement from W's personal pole dancer (a reference from your previous office...)

Know why the Bushies call him "W"? So he can SPELLIFICATE it. Dope.

$700bln of my great-great-great-great grandkids' money. I could give a crap. What about 5 million people unable to buy gasoline TODAY?

BTW: Have you seen True Blood yet? I think it's on HBO on Sunday... F*IN AWESOME.

 

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