It must be nice to live in a place where you can make unsound financial loans and when they go bust - simply call on the tax-payer via Washington to bail you out.
$700 million dollars is a lot of money to fork over for risky mistakes made. Or perhaps they weren't mistakes - the greedy saw a way to get greedier by making short term gains and hoping to stick someone else with the bill.
Everyone in their right mind, sees this. Yet the President and the Congress seem ready to take the plunge on behalf of all of us. What sickens me is not just the millions in bailout money, but its the fact that Congress seems willing to fork over millions to pet groups like Acorn and other scandalous organizations. Plus why not tack on few million in earmarks for districts like Joe Biden's.
What the hell is going on?
We send the most irresponsible people to Washington to bail out an even more irresponsible group of people. And the threats just keep coming. Bail out the Wallsheeters or their will be total economic collapse. Sure.
Call your Congressman and tell them to go tell Wall Street and the corrupt executives that agreed to risky mortgage loans to get new jobs and bail themselves out. What a insane, socialistic country we are becoming.