Thursday, July 17, 2008

"Bless his heart, president of the United States, a total failure..."

Nancy, I knew you'd make me love you. Thank you for being a Democrat. Thank you for calling a spade "a spade." Now will you please use your considerable wisdom and wit to pass a reasonable GSE bill? Fannie and Freddie, who control half of the residential mortgage market, are flailing and our two largest private housing finance institutions (Countrywide and IndyMac) are hemorrhaging money right and left.

And you know what this means, Nancy my dear? It means that ordinary taxpayers with ordinary mortgages, and ordinary salaries are going to pay for the speculation, the shady deals, and the absence of credit checks and counseling for people who should have never been given an unsubsidized home loan in the first place. And you know what? We simply can't afford that.

Because certainly you've noticed that a gallon of milk is over $5? Have you noticed that gasoline is $4.50 a gallon? Inflation is a dirty word, and it is only going to get worse if our incomes are further stressed by foreclosure, continued money printing, and loans from foreign governments to the tune of $3 trillion a pop.

Remember the S&L Crisis Nancy. Don't let Henry forget it either.

But I digress. You made me smile, and for that I thank you. But how's about getting some real work done?

PS. When you see Barack around, if you do see him, will you kick him in the pants for me and remind him that he has a job in Illinois?

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2 Comments:

At 9:18 PM , Blogger Lily said...

You idealist. You want your elected representative to do his job. He's campaigning -- jeez.

I always thought that in order to run for another office you should resign the one you're in because you're not around to do the job you were elected and are being paid to do.

 
At 3:30 PM , Blogger Bet said...

My favorite part of it all is that she used the phrase, "bless his heart." I thought that was a southern thing, right before you slam the shit out of someone, be sure to say, "God love him" or "Bless his heart."

 

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