Fannie Mae and Freddie Mac: Original PIRATES!
Let’s talk of pirates… those on the shores of Somalia and those on Wall Street and throughout the country seeking their share of the ransom. Some of the pirates are known as AIG, and Citi Corp. Also those waiting for their own ransom ship to arrive are General Motors, Ford Motor Company, Chrysler Corporation, but the BIGGEST and BADDEST of all is known as Fannie Mae and Freddie Mac. They were the original pirates guided by the Democrats, and they are still out there circling and waiting for more ransom to be paid, and as the unions destroyed GM, Ford, and Chrysler, these ransoms being paid are very similar to the union demands and they will end up destroying America as the unions destroyed their employer.
When Bush and some Republicans tried to put some controls on Fannie and Freddie, the Democrats objected and wouldn’t allow them to be trashed, insisted they were in good shape, and praised the management put in place by the Democrats that started the pirates from within and the demands for ransom even though these demands really offer no hope for the American economy. The billions already put in place have not solved any problems, and if the ransom demands by the Big Three are met to save the unions, the Democrats will gain more votes and the Big Three will continue to fail and drag down the auto industry.
I guess America’s statement when the country was young no longer applies, “millions for defense but not one penny for ransom”. How could someone like Stephen Decatur, who destroyed the Barbary pirates, be able to reach and destroy our interior pirates?
Perhaps the Democrats who allowed Fannie and Freddie to fail had an ulterior motive and therefor were much smarter than we gave them credit for. They may have planned to screw up the economy in order to get more Democrats elected in the House and Senate and a Democrat elected President. Seems they have succeeded in this endeavor, convincing the voters that it was President Bush and the Republicans who were to blame. They even had most of the voters thinking that it was Republicans that were in control of the House and Senate. That says a lot for the Republican leadership and their PR machine.
The Democrats, apparently, studied the German propaganda master, Goebbels, and the Republicans studied the book “How to win friends and influence people.” If the Republicans can’t figure out how to use PR to get their message across, their days in the sun will be over. There is no doubt they lost their way in the last two elections and are coming close to extinction. Until they learn how to control their elitists in their party and give some credit to the REGULAR people in fly-over country, and not of the Washington crowd, then the destruction will continue. I would suggest that the elitist Republican Conservatives to follow their patrician noses out of the party and to any political party that might want them, if there are any.
One final thing - this bailout was a HUGE mistake. It’s like using a large bucket to bail out small spaces in the bottom of a boat. That does not work well.
