What a mess. Blame it on Republican deregulation if it makes you feel better. Who was in charge? All indicators point to Democrats. However, both parties are to blame, mostly “liberal” Democrats. The finger has rightfully been pointed to Wall Street by both irresponsible parties, Fannie May and Freddie Mac included, for making careless loans. Looks to me like Freddie and Fannie learned their loan procedures from these same politicians in charge of our money.
Who else would make an $850 billion loan without knowing the exact amount needed to clear up the total debts? Not to mention leaving the applicants with our checkbooks open, as well as no cap on the total amount of money to be loaned, no accountability for our bailout money, and no payback schedule. We now have a reverse Robin Hood government. Is this the New World Order that will finally divide us into the European Union, the Asian Union, the African Union, and the U.S.A.—also known as the North American Union? Our currency will be called the Amero. President George W. Bush did say he was more concerned about the foreign investors pulling all of their money out of this country.
Who do we, the people, default to for our money when this mess finally fails? Those politicians and businessmen will walk away wealthy, and more than likely will not be held responsible for their crime. Current leaders in both parties have proven they can now do anything on a large scale they want in America without our approval! We, the people, have no say. Throw ’em all out this election! This country is in deep trouble.
This article appears in Oct 23-30, 2008.
