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Congress Working Overtime

Okay, I have a dumb question. Well, maybe not so dumb, but here goes anyway.

Why is Congress working overtime this weekend to pass legislation to basically bail out the two behemoth mortgage lenders, Fannie Mae and Freddie Mac, as well as doling out millions of dollars to help out hundred of thousands of losers who borrowed way above their means to buy homes they could not afford, yet they cannot spend one minute of time allowing an up-or-down vote on something that is affecting every American, and that’s the energy bill to allow domestic drilling?

No wonder this country’s so f***ed up! Congress has their priorities in all the wrong places. They should all be replaced, every last one of them. Do they even have any clue whatsoever as to why they now have a 9% record-low approval rating? What a bunch of dumbasses.

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  • Leon Brozyna
    Once upon a time, lenders had standards as to who qualified for mortgages. But these practices were decried by certain politicians as discriminatory. Rather than face more regulation in their lending practices, major lenders caved in to this pressure tactic and began giving out loans that were weak. Knowing that these were weak, they then began the practice of selling off these dubious loans to other institutions and a new government created 'market' came into being. Now that the chickens have come home to roost, these same politicians are blaming the lending institutions for doing what they were forced to do. Let's see some payback at the polls!
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