Quote:
Originally Posted by bomelia
I know for a fact that life will prolly go to hell in a handbasket (for a while) if Congress does nothing. Its a dam shame the rest of us have to pay for the screwups up the Clinton adminstration (re: the 1999 article where Clinton insisted that numnuts with no means to be allowed to buy homes). But pay now or pay later. Later will be worse. Screw all of these scumbag politicians. NO TO ANY BAILOUT plan. And for those of you "intelligent" folks who know better, stop voting your friggin pocket book and trying to get the rest of us to follow along. A massive recession (perhaps depression) is coming. No "bailout" is going to stop it. Let the market work itself out. It will suck on a tremendous scale. But thats what happens when you play poly with the markets.
Mike
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Yeah...one year of the Clinton Adm. telling Fannie to ease up on loans, and 8 years of it actually happening under Bush...who did NOTHING to stop it.
Me thinks you need to open your eyes a bit.