Wednesday, February 25, 2009

State of the Union

I think Karl says it best. I have been saying that a lot lately.

State Of The Union Verdict: BOOOO
The vast majority of Americans did not cheat. We did not lie about our incomes, we did not take out dangerous mortgages, were did not participate in selling garbage loans to Americans by deceiving them so we could skim off thousands in fees and we did not participate in this garbage.

We, however, are the ones who are getting hosed - we're being asked to pay higher taxes, either directly (ourselves) or indirectly (as when "the rich" are taxed more they will not hire as many people - that would be those of us who need jobs!)

The Banksters are getting bailed out, the irresponsible or even outright cheaters are going to be able to refinance their mortgages (despite what Obama said tonight, Sheila Bair said otherwise - there will be no verification that fraud was not involved in the mortgages they refinance) and not one prosecution is being planned for those who screwed us.

No comments: