Calculated Risk quietly hits another homer, in that understated, laconic fashion.
He describes how we the taxpayer will be shoveling another 50 billion or so to the FHA, because of their losses, and then tells the tale of one homeowner who was just recently granted an FHA mortgage that will almost certainly swirl the drain.
No lessons were learned from the incredible fiasco we've been through.
All Congress seems to wish to do is find another way to keep the whole rotten mess going.
I see my children working so hard to build their futures. I mean, I can't tie these kids' shoes.
The older one is married, and her husband is stellar, the kind of son-in-law one dreams of.
The younger one will likely marry a young lady we would legally adopt in a heartbeat, a fabulous young lady.
I feel my hair catch fire when I contemplate how much harder they will have to work in order to pay all this nonsense off, in taxes, reduced standard of living, worse working conditions.
They don't deserve to inherit this from us.
2 comments:
Believe that justice will come, somehow.
(PS: is comment moderation necessary? You can always delete anything that offends.)
Thanks for your good words. I'll try taking moderation off. Relatively new at this stuff, and sometimes suffer from an abundance of caution.
Post a Comment