Once again its saturday and a person could swing a cat around here and hot hit a soul. All those fun bloggers that are busy all week posting and commenting, on weekends, go home and deal with their real lives. Makes one wonder just how efficient many of our workplaces really are---but I digress.
Its been an interesting week. The democratic controlled congress managed to "spend" another 700 billion dollars, to buy up "garbage" loans, under the presumption that at some later date the houses will be worth more and they can unload them back on the open market and make a profit-----yeahhhhh rightttttt!!! Further this new legislation allows the government to determine what interest rate is to be charged on a loan, and if necessary can also adjust the principle amount thats owed----wonder if one has to be a leftist democrat to stand a chance of having ones loan favorably adjusted? In any case this bailout of wallstreet, added $15,000 debt to every man women and child in America. Not to worry, the Government will sell another 700 billion dollars worth of bonds to Foreign countries, and keep on spending----someday the foreign countries might just sit down and talk to each other and find out they "own" more of us that we do. ---heres a thought?---what if they decide we are a poor risk, and stop buying our bonds----oh no, ya mean we would have to stop giving away money??