STUART CAESAR : WARMONKEY

Monday, September 29, 2008

Freddie and Fannie ; The "What Me Worry?" Kids.

In regards to the idea of hard working , American taxpayers bailing out Freddie Mac and Fannie Mae ; I think the best way to sum it up would be in the words of Michael Corleone from Godfather II ; "Here's my offer to you; nothing."They knew the risks they were running and were warned of potential disaster as far back as 2004 , when both President Bush and John McCain brought their concerns before congress repeatedly only to be told by Barney Frank and other Democrats that ther was no need for concern.
So , now citizens of this country that had nothing to do with this debacle are now being called on to turn over more of their hard earned cash to save irresponsible greedy execs and deadbeats who aren't financially responsible enough to live in a cardboard box ; let alone a house with a mortgage.
You want a solution that makes sense? Make the guys who got rich off of these worhless loans give back every penny , and have them investigated for fraud.And in addition; make the bums who took these mortgages knowing full well that they had no intention of paying for these homes that they were squatting in follow through. No government rescue for them; garnish their wages if necessary and force them to make good on their payments ' or throw them out of thesr houses that they have no right to squat in; anymore than you have a right to keep a car that you refuse to make payments on.
 These people remind me of the people in Galveston. They were told to leave town ; or face almost certain death at the hands of the storm. They stayed anyway ; even after repeated warnings by Governor Perry and even President Bush that they would be on their own if they did ; and would most likely die.
 And what happened? they stayed by the thousands and then seemed shocked that they were stranded in a town with no food water or electricity ; so, they resorted to the old Katrina standby; and blamed the government and President Bush for their slow response to aid their plight.Sound familiar? Let's face it friends; the moral of these two disasters is simple; Greed , fear, and stupidity seem to be the dominant traits of a lot of people these days and what really makes them even more intolerable is their worst, and most dominant trait; Blaming others for your own problems.Yep ,unless people start taking responsibility for their own moronic behavior and decisions; I think we will continue on that slow ; but steady march towards total government control ; and therefore an end to freedom and democracy and the birth of communism in America.

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