Tuesday, June 29, 2010
A larger price will be paid because of the moral hazard. Additionally, since we are asking our children to pay for mortgages they did not benefit from, how will they be denied the same?
Pandora's box is open.
PAJAMAS MEDIA | Victor Davis Hanson WRITES:PTTF
Emblematic of the anger at both top and bottom was the 2008 meltdown: those who had not played by the rules still got their mortgages, then defaulted, and left the taxpayer with their bills; those who made the loans and profited without risk, took the bailout money, and left us with the cleanup. Those in between with underwater mortgages and higher taxes pay the tab.
Saturday, June 26, 2010
Sunday, June 13, 2010
Sent via mobile device.
'The letter comes as rising concern about the national debt is undermining congressional support for additional spending to bolster the economy. '
Wednesday, June 9, 2010
Sadly, we are still bailing out societies slackers with no end in sight. It is only the hard working folks who follow the rules who are ineligible for government's largess.
Tuesday, June 8, 2010
Liberal Harvard grad gonna kick some ass- sounds scary. Obama seems more like Alan Alda than John Wayne, if you ask me.
Maybe next year Obama will get the Nobel Ass Kicker Prize.
Barack Obama: "I don't sit around talking to experts because this is a college seminar. We talk to these folks because they potentially have the best answers, so I know whose ass to kick."
Monday, June 7, 2010
"Peoples, once accustomed to masters, are not in a condition to do without them. If they attempt to shake off the yoke, they estrange themselves even more from freedom. By mistaking for it an unbridled license to which it is diametrically opposed, they nearly always manage, by their revolutions, to hand themselves over to seducers, who only make their chains heavier than before." (Jean Jacques Rousseau)
"I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God."
Sunday, June 6, 2010
Thursday, June 3, 2010
"Only one question remains: At a time when Europe is discovering that its democratic socialism does not work, why in the world is the United States doing its best to copy it?"