Tom_Sussi's Blog

Avoidance and denial in our society is rampant. If the facts aren't what some people want to hear, they simply avoid or deny them. And of course the age of "attack politics" is running full steam ahead. We are headed for a "brick wall." But don't worry, the fundamentals of our economy are strong..........

Partisanship is an easy out for some people.

I'm not blaming Little George. But he sure didn't help matters.

Tom, Tom, Tom, you wacky liberal.

When I move to TN, I'm going to miss you.

But seriously, this crisis would have happened whether we went into Iraq or not, whether we drilled for our own oil or used Canadian/Mexican, no matter if we had 4% unemployment or 14%

We created two agencies called 'Freddie Mac' and 'Fannie Mae.' These two agencies, as semi-government agencies, were very susceptible to the will of Congress and to specific Congressmen such as Christopher Dodd and Barney Frank. Fannie Mae especially was run by hard-core partisan liberals Franklin Raines and Jim Johnson who created for themselves tens of millions of dollars in commissions by setting a policy of buying low value, high risk loans with only a 1:30 leverage.

That house of cards, my friend, was going to fall no matter what. In fact, the Bush administration tried TWELVE TIMES between 2003 and 2007 to sponsor legislation to restrict Fannie Mae's policies, and each time the cabal of Clinton, Kerry and Dodd in the Senate blocked passage of the legislation.

Barney Frank complained LAST YEAR that Freddie Mac and Fannie Mae needed no further oversight.

What you would be frightened by, if you weren't SUCH a left-winger, is that the people who paved the way for this crisis and then mandated it by threatening federal probes and intervention if lending institutions didn't make a higher percentage of loans to lower-income borrowers are now the ones who are being put in charge to fix it.

Tell me, Tom - how does $140,000,000 to ACORN bail out even one mortgage, because that is what the Democrats

Grant me the LEGAL authority to round up corrupt lawyers, judges and politicians. Buy me a couple of spare barrels for my 45, and I'll dispatch each and every one of them, one round at a time. America will be a better place, Colt and Federal ammunition will have a bumper year, and I'd most likely be jubilant !

Too bad you are not running Meb!

They ALL need to be dispatched!

Meb for president!

He is an idiot, and a diehard liberal.

Is DF having a meltdown? (above)
Enhance your calm.