Let me say that again. The housing crisis is not somehow a market failure. The “ownership society” has its roots in the disastrous effects of the New Deal. You and I, and all taxpayers, will have to pay for the fallout if Freddie and Fannie are nationalized. We should be angry about this; especially about the idiot Barney Franks of the world that are doing their best to make it worse. To add insult to injury, the Repubs under Bush are now all over the map: a few socialist policies here, a few fascist policies there, et cetera ad infinitum.


Dude, where’s my country?

[Ed. note: When I first typed “ownership society” it came out “pwnership society”!!  lol… No doubt some kind of weird political Freudian slip!]