Friday, September 26, 2008

Thought I'd provide some help in case some Pilgrims.....

..... are having a problem wrapping their arms around this so called mortgage crisis everybody is shouting about! You gotta understand that a few years ago, Barney Franks in the House, and Chris Dodd in the Senate got a bill through which demanded that mortgage brokers make loans to anybody, anywhere, on any property regardless of their ability to repay the loan. Or more to the point, the less qualified the borrower were -- the better!! Not to worry, Freddie Mac and Fannie Mae would pick up the tab. And here we are.....
And the sorriest part of the story is neither the congress, nor the courts, nor the media are holding these two Dim Dems and their fellow travelers responsible for this $700,000, 000, 000 error. Just print money, put it on your kids' tab, and say "Oh never mind!"

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