Quote:
Originally Posted by MattLarson
One wonders what would happen if the American people were to send a clear message to the Congress by firing the entire House and 1/3 of the Senate 4 1/2 weeks from now?
Of course, this is not likely to happen, but it would be interesting....
Matt
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Americans are outraged over this bail-out. In the first place our government should have NEVER stuck their fingers in the private sector. They got involved in the mortgage loan business to insure minorities & lower income people could acquire homeownership. Then the Clinton adminstration in 1999lowering credit & income standards to get more of these people into homes. Now we're stuck with the bill.
What ever happened to personal responsibility? People who bought homes, way above their pay grade--knowing that there were risks involved.
I agree--they all should be canned. They ignored warning after warning. I cannot believe Barney Franks & Criss Dodd are still in their seats! Franklin Rienes, appointee of the Clinton administration of Fannie/Freddie walked away with 90 MILLION dollars in yearly bonuses. Then he showed up in the Obama campaign as an economic advisor.
NOTE--They have announced that they will not have an investigation until after the election. Why? Because this financial disaster lays at the feet of democrats, & they do not want to expose themselves until after the election.
WE CAN ALL DO SOMETHING! Become a member of Citizens against government waste. It's easy, it's free--& at least we can let our government know we're looking over their shoulder.