Martin Feldstein & Barney Frank
Duh... Harvard University economist & president of the National Bureau of Economic Research Martin Feldstein:
"I believe the U.S. economy is now in recession. The situation is bad, it's getting worse and the risks are that the situation could be very bad."
More White Collar Welfare from Frank... I love you, you love me...
Bad enough he engineered the loan limit increases in the economic "stimulus" bill, which will result in the largest bailout in financial history.. now he wants more...
Representative Barney Frank wants the government to pledge up to $300 billion in loan guarantees to help stem foreclosures.
Frank's proposal would allow the Federal Housing Administration to insure and guarantee refinanced mortgages
after lenders and loan holders reduce principal to a level borrowers can repay.
The Nattering One muses... If Johnny swallows too many marbles, maybe he shouldn't be allowed to contrbute to furthering the gene pool?
What ever happened to survival of the fittest? and free markets?
Barney, did ya ever think maybe we should quit enabling the gamblers and encouraging bad behaviour and let all these losers fail?
"I believe the U.S. economy is now in recession. The situation is bad, it's getting worse and the risks are that the situation could be very bad."
More White Collar Welfare from Frank... I love you, you love me...
Bad enough he engineered the loan limit increases in the economic "stimulus" bill, which will result in the largest bailout in financial history.. now he wants more...
Representative Barney Frank wants the government to pledge up to $300 billion in loan guarantees to help stem foreclosures.
Frank's proposal would allow the Federal Housing Administration to insure and guarantee refinanced mortgages
after lenders and loan holders reduce principal to a level borrowers can repay.
The Nattering One muses... If Johnny swallows too many marbles, maybe he shouldn't be allowed to contrbute to furthering the gene pool?
What ever happened to survival of the fittest? and free markets?
Barney, did ya ever think maybe we should quit enabling the gamblers and encouraging bad behaviour and let all these losers fail?
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