When your tire goes flat, do you just fill it back up with air, or look to see if a nail is in it?

When government entities Freddie and Fannie went broke why didn't congress look for any nails before filling them back up with money?When your tire goes flat, do you just fill it back up with air, or look to see if a nail is in it?
Politicians- ';let's keep throwing more air at it';


Rest of us- ';pull nail out, plug hole';





Congress has the word CON in it for a reason.When your tire goes flat, do you just fill it back up with air, or look to see if a nail is in it?
Everyone knew where the hole was months before they filled them back up with money.They bailed them out for same reason the filled the banks back with money with the $700 billion bailout bill, the money lost did not belong to them, but to investors and other financial institutions and giving them the money prevented the financial system form collapsing.
If the real cause were ever to get out people would be storming the nations Capitol .


SO we blame it on the poor who never should have gotten the loans to begin with right .


Thats what we have been told . Liberals forced them to make bad loans to people .


Thats as far from the truth as possible .


Why when Uganda has a drought and its people suffer it only effects them locally ???


See at the top of the ladder sit wealthy people who profit from loaning money . Since we have gone to a world market they sought to bundle loans and sell them abroad . The only way to keep America growing now that we do not make anything was to create profit out of money and that only comes from workers which we have few of today .


With no houses being built whats the need for Architects , engineers insurance companies , heavy equipment operators , road builkders and the like to exist . Build government projects paid by what taxes .





When people do not manufacture -then we have problems . In the short term profits went through the roof for a handful of owners and CEO';s of major companies as we moved our jobs to cheaper labor markets .


The middle class refinanced their homes and have spent the money living on a tight budget based on retirement benefits .


Well we can not pay these benefits and so the companies must go under . So we needed to create a crisis . Since the governments only job is to protect the rich how best to do this .


force the poor to pay for it . Blame it on them . Over them the American dream and at the same time make billions building homes knowing we would bundle mortgages and sell them abroad to unsuspecting foreigners . Well the problem is we created the currency the world trades . And we have wasted the billions we have printed .


Wait and see how deep this financial crisis is . We will have a lower standard of living that will last two or three generations thanks to most of the wealth ending up in the pockets of a few rich people who enjoy being in control of everything .





Bring back unions to protect workers and their families , A higher tax bracket for millionaires of 80% and capital gains taxes of 75% because making money off money is not the answer . People who think profiting like that need to be penalized .
They (congress) are the nails, metaphorically speaking.
Nice analogy. I almost answered your first question--glad I read on.
Fast flats points to a hole,