As a follow-up to the Rick Santelli post I offer these comments from Common Sense Political Thought under Schadenfreude and a graph from Michelle Malkin's website. I believe this graph illustrates what Rick Santelli was trying to tell the world. Remember, Treasury Secretary Geithner wants to throw up to $2 trillion at this problem.
To quote Dana But this isn’t welfare to help the poor; this is welfare for the well-to-do; they just aren’t quite as well-to-do as they thought they were! This is welfare for people who bought bigger and nicer houses than they could afford, people who thought they were moving up in the world, and over-bought.
2 comments:
what's wrong with being forced to pay your neighbor's mrtgage? snort, sarcasm off
Peggy Joseph thinks there's nothing wrong with it.
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