Financial Meltdown a Product of Liberalism Gone Amuck
Satire By John W. Lillpop
Like President Obama and the other 535 clue less scoundrels in Washington, D.C., I have but a foggy understanding of the devastating global meltdown that continues to wreak havoc all across the globe.
Speaking candidly, the entire mess sounds like a corrupt pyramid scheme. Instead of soap, the scam artists were selling and trading mortgage loans and using your 401(k) and pension money to fund their poncey schemes.
When the carnage spreads across the seas, the confusion is multiplied many times.
For example, in 2008 we were told that Iceland was on the brink of bankruptcy. Freaking Iceland, for heavens sake!
Just how in the hell can a few barefoot hayseeds in North Carolina who blew their tobacco profits on moonshine rather than making their mortgage payments cause a foreign nation to go belly up?
What exactly does my $700,000 starter castle in San Jose--a two bedroom, one bath, 1,000 square foot delight with attached carport--have to do with anything in France? Or Germany?
Next question: Can I decide which country to knock out? I would gladly skip two or three mortgage payments if that would send Iran or North Korea into debtors' hell.
Actually, all of this foolishness is the latest failure resulting from simplistic "progressive" solutions.
This time, liberals decided that having a home is the birthright of all Americans and most illegal aliens as well. Forget about being qualified.
It's the equivalent of affirmative action in housing.
You are breathing, right? And registered to vote Democrat?
That's good enough for liberals like Barney Frank and Christopher Dodd who think that credit screens, down payment requirements, and debt-to-income ratios are the evil tools of racists intent on keeping people of color down and out.
So far, unbridled liberals have left people of color black and blue--and in foreclosure and or bankruptcy.
Do the global community a huge favor and pay your damn mortgage and taxes on times, and vote a straight Republican ticket this November.
It is the "cool" thing for a global citizen to do!