You’ll never guess how it ends
Posted by TFG on 22nd September 2008
Take away Fannie and Freddie, or regulate them more wisely, and it’s hard to imagine how these highly liquid markets would ever have emerged. This whole mess would never have happened.
It is easy to identify the historical turning point that marked the beginning of the end.
You know my problem? I detest these socialist, Marxist, communist, redistributionists to the absolute core of my being. As a result, I tend to want to hang every 2-ton albatross around the neck of anyone who has not bothered to understand basic economics and therefore feels like the dusky Dukakis is the answer to all of their prayers because he talks pretty or they’re consumed by white guilt. That would be…many people who seem otherwise intelligent.
For that, I apologize in advance if I become snappish when you extol the virtues of Hopie McChangiepants. But you’re going to have to bear with me if I feel precisely zero need to ‘teach the Republican Party a lesson’ by enabling a Chicago Machine hack who’s chock-full of Black Liberation theology and hangs out with Pentagon bombers and is basically an empty suit with no credentials whatsoever. Pass, in double-time. Because, seriously, I’ve had about enough of Democrats like Nancy Pelosi and Chris Dodd (D-Countrywide) injecting their moronic 2 cents into this heretofore-unfathomable business of the nationalization of paper-hanging sonsabitches.
Here on the bottom line, it works like this — America is the land of second chances. I think it’s high time for some bankers, some mortgage brokers, some boiler-room operators, some congresscritters, some foreclosure-facing debtors, some community organizers — who ever — to back away from the government teat and get a good running start on their second chance. Because I can tell you, from experience — it is no fun clawing your way over the mountains of bodies who couldn’t cut it but got shaken loose before you did. Better to be a pioneer. You’ll definitely end up with arrows in your back, but they don’t have to be fatal.
Over and out, probably for a while…got work to do.
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