Saturday, September 13, 2008

And Again the government says, Let me pick up the Tab for that

I never realised that i had such deep pockets.

Yesterday the fed had assumed responsibility to make good all the bad mortgages that Fannie and Freedie Mac have been accumulating. This is a bailout of foreign governments more than anything. How long can our government avert everyone from actually reaping what they have sown? People will continue to lose their homes, but it’s the protecting of these giant firms and soveriegn wealth funds. How long can you say "lets do over" and pretend it didn’t happen and let the taxpayers make up for it? A government can stand against Gods principles only as long as he allows it.

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