Back to the beginning
 

From 10 years ago. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

And so it began and here we are.

Fannie Mae Eases Credit To Aid Mortgage Lending

http://query.nytimes.com/gst/fullpag...5AC0A96F958260

And you wonder why nobody will own up to this. I was told on here that we should not worry about the past.....hmmmmm.

The link you supplied is the root cause of what is happening in this country and you would think it would be important to recognize that.

Now to listen to the President...wonder if he may mention that ?

That's why I've said this a thousand times. The government isn't the solution it's the problem. Yet we keep trusting them over and over and over to fix it and they never do.

Great speech by BO tonight, very eloquent indeed. Wonder how he's going to pay for trillions and trillions of new spending? Frankly I don't see how he can look us in the eye and say no earmarks but yet the spending packages are nothing but earmarks. He talked about inheriting the budget deficits from Bush but yet turns right around and doubles it in less than 60 days. But I digress.

The above article spells it out pretty clear how we got here and now we're going to do it all over again. tisk tisk.

Well, my budget is pretty tight this month and I'm not sure I can make my bills. Time to bust out the credit cards and go wild!

My husband came in the bedroom last night and said that Obama was speaking on TV. I told him I knew, but wouldn't watch because you can't beleive anything he says when he can stand there, as dklassen wrote, look you in the eye and say there are no earmarks! Unbelievable! And, flame away, but why doesn't he prove that he was born in the US? If he was, it is easy to prove.

Not awake this morning-ventured into politics. :)

Good post
 

Must agree with you. Lets spend money we don't have on items we don't need. Oh yes and somehow lower our defecit . lol:cus::cus: