September 25, 2008

Required reading

I am truly in awe of what Iowahawk manages to do on a regular basis. If Mother Jones syndicated his column, I would subscribe to the commie pinko rag, just to get my fix. Excerpt:


Linda, we both know that credit is the lifeblood of the American economy. But today millions of Americans like myself are saddled with enormous adjustable rate mortgage debt which we can no longer pay, through no fault of our own. We were suckered in by deceptive easy-money advertising come-ons, confusing refinance deals, and free igloo coolers. And now, with a slowdown in the blog economy, some of us can barely make the payments on our quad-runners, let alone a crushing $1.2 million debt on a house that our appraiser says is worth $40,000 in scrap lumber, tops. America's economic future depends on us having the peace of mind to know our homes and 56" 1080 HD big screens won't be yanked from under us. That's why I oppose the proposed bailouts being discussed in Congress. Instead of paying trillions to Wall Street insiders and corporate fatcats, shouldn't Congress be targeting those trillions directly to needy Americans like me?

Posted by Physics Geek at September 25, 2008 02:28 PM | TrackBack StumbleUpon Toolbar Stumble It!