The Question No One Will Ask --Or Answer-- About The Bailout
Surely, I'm not the only one waiting to hear someone... anyone... ask this question about the mortgage bailout...
If this taxpayer money guarantees that payment to the buyers (investment banks) of mortgage loan debt, "wiping the slate clean"...
Why do the original mortgage payers (home buyers who got hosed into those balloon-rate mortgages in the first place) still have to pay for something that taxpayers will already have paid for?
Doesn't that just double the money for the investment banks and still leave the little people screwed?
That's what it sounds like to me.
And why aren't we correcting this financial crisis the same way we did during The Great Depression?
Watch Senator Clinton explain it:
Unless I'm way off base here, this bailout is just another scam.
Number of days since Donna Brazile promised to leave the party if superdelegates decided the Dem nominee:
Donna has known for a long time now that superdelegates would be necessary for any Dem candidate to win the nomination this year. Ask Donna when she intends to keep her promise.
Don't hold your breath awaiting a reply.
Here's Donna now...
"For the great majority of mankind are satisfied with appearances, as though they were realities, and are often more influenced by the things that seem than by those that are."
-Niccolo Machiavelli (1469-1527)
Best bar bet in the world: Delilah didn't do it.
Judges 16:19-- And she made him (Samson) sleep upon her knees; and she called for a man, and she caused him to shave off the seven locks of his head.