Aye aye the economic chickens are coming home on sooooo many fronts. Americans have been robbing Peter to pay Paul on many levels.

Personal
-NINJA loans
-no personal savings
-credit card debt

Government
-putting SS into the general fund and spending it as fast as it comes in
-Fannie Mae/Freddie Mac where the govt has no business being in the mortgage industry and this was never a private entity, it was stupid to make everyone think they could afford a home especially given the state of personal finances.

The people pulling the cart need a revolution. The people in the cart freeloading need to get out and work. Pay attention, this is historic.


And Sorry Charlie Rangel should get OUT of the cart.


Edited by alicex4 (09/15/08 10:10 PM)