Stop Pointing At The Other Guy!

There is no doubt that our nation’s economics are in a huge mess.  In an effort to prevent another Great Depression, our government wants to use up to $700Billion (or more) of taxpayer money to buy up “bad” mortagages and debt. An article describing the fiasco in today’s Dallas Morning News summed it up this way: The action amounts to a massive bailout of banks and other investors that lowered their standards to make loans to borrowers who wouldn’t ordinarily qualify for a home loan. Congress has the administration’s brief, 3-page proposal and is apparently gearing up to add many … Continue reading Stop Pointing At The Other Guy!