congress has again risen it's ugly, corrupt head by taking advantage of american tax payers, in passing a so called bailout package for the stability
of our financial system.
The american public stands by idly while congress picks our pockets, to fund projects that benifit only the favored few among us that can afford
lobbyists, as we listen to the pathetic drivel flowing from the mouths of senators and representatives,as they explain why this bill will be good for
america, I think of the ceo's and board members of all the brokerages, banks, insurance companies, and mortgage companies, that made billions during
the last 8 years, sitting on their yachts, or in there multimillion dollar homes, or vacation homes,laughing at the current events, knowing they got
away with the biggest crime in the history of mankind, and moving on to their next venture, probaly with the help of the same congressman, or a
member of the current administration, who is front of a tv camera today expouding his heroism in standing up for the middle class.
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WHO'S TO BLAME???
Let's see where this multi-headed monster sprouted form, shall we?
The pork would not have seen the light of day if the bailout didn't exist.
The bailout wouldn't exist if the financial industry wasn't on the brink of a very big KABOOM.
The financial industry wouldn't be in such bad shape if so many people hadn't defaulted on their mortgages.
People wouldn't have defaulted on their mortgages if they were credit-worthy enough to have them to begin with so these people shouldn't have been
approved for these mortgages anyway.
People without the ability to pay back mortgages wouldn't have been approved if the underwriters were more strict and conservative in their
guidelines for approval.
The guidelines for approval were based on recommendations from the Fed.
So...from the government and back to the government. Can we start a conspiracy theory now????
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It has passed....Prepare for the coming economic crisis....and martial law.
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It is the most expensive laugh anyone in history has ever had. It should be up for the best joke ever award.
It beggars belief.
[edit on 3/10/08 by Lebowski achiever]
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