It’s not that you can’t ever buy your “good life” on (“easy”, adjustable-rate) credit; it’s just one of those things you can only do when you’re the exception to the rule. When the exception became the rule, the consequences came due. Now both candidates sound like they want to use the power of law to make the consequences go away.

I expect such from the lord and savior Obama, but every time I hear McCain say he wants to “keep people in their homes” I wonder why he doesn’t just propose to force the Federal Treasury (or else some deep-pocketed private sector scapegoat) to pay off every delinquent mortgage in the country if elected.

Of course he won’t have the power to do that, and it would have horrible consequences if he did. But what’s that got to do with a campaign promise?

Sorry all that was off topic, but I’m not surprised the Commie Party is receiving its talking points from Pelosi. Or did I get that backward?

But look at the mess it’s all made! Money makes people do silly things and as we buy more they produce more and the wheels of the economy spin on a house of cards. Once the wells open of endless credit open the money just goes and goes. It’s just like in healthcare, if people were paying strictly from their pocket everything likely wouldn’t cost as much. But with insurance companies paying the bill it kept going up and up to where the same procedure a veterinarian can do to a dog for $500 costs $20,000. So now the insurance companies and the hospitals fight it out with you in the middle. Go figure.

I’m looking at my credit card bill now, which I’ve paid off twice now and swore I’d never do this again, yet I got another card and up it went. But each time the hole I dig gets more shallow so maybe I am learning something.

I’d like to say to Fannie and Freddie and Lehman’s and all the rest, “Hey, you do stupid stuff, stupid stuff happens. I don’t get no bail out, why should you?” But then they have so many ties and investments and connections they’ll likely be bailed out just to keep them from dragging everyone else down with them.

Cheap beer, it’s all I got now………

I’m remembering what I felt like three months ago concerning the chances of defeating Obama, and look where we are now. Still……

Yes, I, too, am an optimist. A very cautious one. If I might borrow from the opposition, I hope…….

1 – it’s the FBI investigating, not a ‘congressional inquiry’
2 – due to the public mood (toward the scandal AND the media), the MSM won’t be able to keep a lid on it
3 – it’s not just Fox; I also found the news posted at CNN and ABC

Then again, you could be right after all. (Damn this Reaganesque optimism!)

http://www.foxnews.com/story/0,2933,426783,00.html

I hope I’m not getting too excited, but it looks like this whole Fannie/Freddie scandal is going to burst in the DFL’s face just in time for the election.

Whether it’s bipartisanship or something else, I just want to see SOMETHING hit her in the face!

Let’s see, now.

Her hair? Her nails? Her memoirs? Surely there must have been something of note.

One thing we can be certain she DIDN’T do was HER JOB!