Friday, November 14, 2008

More government doesn't help



We all need to understand and make our voice heard that these artificial props for our economy ($700 billion bailout etc.) will do nothing to serve our country. It may delay the inevitable, but won't stop it. Whenever government has stepped in to "fix", the worse things seem to get. If you understand anything about the government run Fannie Mae and Freddie Mac, this clip is unbelievable! Here is a banking system that was sick and dying (years before all of these failures started to come to the surface) and all of the representatives that scream for more government involvement were doing everything in their power to defend the system. They were literally bullying other reps while saying, "There is nothing wrong with Fannie or Freddie," which now we know to be complete lies as we've seen their failures and many others. This clip was so revealing to me about some of the flaws to big government thinking I couldn't help but post it.

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