by djcraig » Fri Sep 26, 2008 1:48 am
The creation of government backed loan entities like FNMA and FHLMC made this all possible. It was a government attempt to help "the little guy", who had trouble getting a loan. Unfortunately, it gave banks the go ahead to make questionable deals and ultimately not have to deal with the consequences.
Giving banks the power to make bad loans that they ultimately didn't have to be responsible for was a bad idea. Now we all, get to pay for it. Even the best of intentions go awry when there is no accountability. Something many have yet to learn.
When the government gets involved in "improving" your life, watch out! Our public school system is a joke. Our tax system is retarded. The Post Office is unprofitable while UPS and Fed Ex make millions.
The bigger the government becomes, the more scandals and corruption we get. And yet some continue to push for more taxes, more bureaucracy and more intrusion into their lives. That's not the answer, it is the problem!
You think this current situation sucks, just wait until we get "universal" health care. Put the people that brought you FEMA in charge of your medical needs. I'm sure no one will take advantage of THAT system at OUR expense.
Can you imagine these purveyors of waste, inadequacy and incompetence in charge of approving your medical procedures and ultimately telling your doctor whether or not he can perform a life saving act?
I don't want to have to wait to get some potentially terminal illness treated for my paperwork to get stamped by some fat fuck behind a big desk who wasn't even qualified for the job in the first place but got hired because of some government mandated quota and now, no matter how many mistakes they make, can't be fired for the fear of a discrimination lawsuit.
Fuck I'm moving to Mars!
<a href="http://www.djcraig.net/los_angeles_dj">DJ Craig</a>