| View single post by scottran | |||||||||||||
| Posted: Tue Jul 15th, 2008 10:49 pm |
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scottran
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Indy Mac was helped along by Chuckie Schumers big mouth. Granted the banks gave loans to many who could not afford them. But then again it was the govt that forced banks to give loans to those that could not get a loan on real terms. Next.. oil. The govt again has kept us from drilling new wells or building new refineries. Then add on the govt devaluing the dollar. Govt needs to get out of the way and let the economy work. Just name me ONE govt social program that is a success?? No wonder things are such a mess. We need to let capitalism work. Just my 2 pennies worth. I am worried about it all. I hate to see what it will be like this winter when people have to try to heat their homes when they have to pay that big heating bill. The one good thing is this is a cycle and things will get better.... someday.
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