Tuesday, October 7, 2008

hypocrisy on the hoof

I couldnt agree more that its not fair that Joe Sixpack has to bail out those greedy and crooked SOBs. It is also true that Fannie Mae and Freddy Mac contributed to the problem. I dont think either party has the greed and criminal market cornered. I blame the Republicans, starting with Phil Graham in 1999, for the deregulation process that eliminated the oversight functions and allowed the crooks and greedy predators to proliferate, manipulate, and steal at will. If not for deregulation there would have been regulations and oversight for Wall Street and Freddy and Fannie. Penalize and imprison those crooks and greedy SOBs? YES. The Republicans want NO government interference or oversight UNTIL they run our economy into the ground. THEN they want the GOVERNMENT to bail their greedy and crooked butts out! Talk about hypocrites!

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