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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (60008)2/24/2009 5:17:10 PM
From: Peter Dierks1 Recommendation  Read Replies (1) | Respond to of 224729
 
This will mark the first time the American government will use its clout to cover a whole class of speculators. Perhaps we should make the greedy people Madoff and a whole list of previous con artists took, whole as well?

Obama has already destroyed more American wealth than any person in history.



To: lorne who wrote (60008)2/24/2009 5:19:28 PM
From: TimF1 Recommendation  Respond to of 224729
 
From that article

"‘A bad idea’

Anti-tax activists also cited the harsh lessons of the housing crash and recession.

“I just don’t see any way someone could justify this, with everything that has gone on in the credit market,” said Michael Quinn Sullivan, president of Texans for Fiscal Responsibility. “This is precisely what got us into it, with the playing fast and loose with the credit score.”

“One would think from the federal problem we’ve just had, the city of Houston officials would have learned from that,” said Peggy Venable, state director of Americans for Prosperity, a limited government advocacy group. “It’s a bad idea.”"

chron.com