Saturday, November 12, 2011

A Day Late and a Dollar Short.

If you ask me, it's a mystery why this fact hasn't gotten more attention than it has. Just like "man-made global warming", the truth gets overrun with the exuberantly stupid chanting of Liberals. Emerson said it well when he uttered, "The truth is always present. We only have to lift the iron lids of the mind's eye to read its oracles." It seems that in the face of abject misery and failure, more and more people are willing to face the truth and to abandon the denial that had seemed to protect them so well for so many years.

Bloomberg said, "it was not the banks that created the mortgage crisis. It was, plain and simple, Congress, who forced everybody to go and give mortgages to people who were on the cusp. ... They were the ones who pushed Fannie and Freddie to make a bunch of loans that were imprudent, if you will."

Read more at the Washington Examiner:

2 comments:

Evil_Klown said...

Yes, the banks went bankrupt because the government forced them to make risky loans. Who could have anticipated that? You act like it wasn't a complete accident. Sheesh.

Besides, the government just stole your money and bailed them out so everything's ok now, right? So what's the problem, righty?

Evil_Klown said...

You know why profit-making banks do credit checks? So they won't go bankrupt, that's why.

When the government FORCED them to give the loans, they wen't bankrupt (I know, hard to anticipate.) Of course, the government bailed them out by stealing your money to give to the banks ... sooooo, whew, right?

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