Jul. 18th, 2008

& bahahaha

Jul. 18th, 2008 11:40 am
ty [livejournal.com profile] salacious_pop

George W. Bush Sewage Plant plan is on ballot

A White House spokeswoman, when asked about the measure several weeks ago, refused to comment.

and ty [livejournal.com profile] brewergnome

Fannie, Freddie host GOP convention party

This really grinds my gears! Wow, like really.

I heard a good description of the setup of these companies being bailed out - "private profit, socialized risk". I think that's apt. As long as everything's going well, they're rolling in cash and using it to wipe their asses etc. When their irresponsible practices get them in trouble, they get bailed out with public money. It seems the opposite of right. But I know that the consequences would be horrible if they weren't bailed out. I feel like a hostage!

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Robert I Murillo

March 2009

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