Monday, January 4, 2010

Bush didn't do it, and neither did Ben: Bad Loans Were Democrat Policies

SEE HERE
We keep hearing from the Demon-crats the mantra "It's Bush's fault." Now I didn't agree with some of George W. Bush's policies, but then I can't remember a president in my lifetime that did things the way I'd like them to be done. Still, the one thing you can't blame on Bush is the housing meltdown. That's because it has Democrat fingerprints all over it. If you make lenders give bad loans and accelerate the policy with various penalties then why are you surprised with the bad loans turn out to be what they are: Bad Loans. The definition of a bad loan is lending money to someone who is obviously not going to be able to pay it back. That's what the Democrats made a policy. This is misplaced compassion. Sure it would be nice it everyone could own a house. It would be nice if everyone could eat steak whenever they want, or drive a luxury car of just the brand they like no matter how much it costs. All that would be nice. But we'd all be rich if wishing made it so.

Living in la-la land like Democrats do and then punishing the rest of us when their nonsense doesn't pan out is a penalty too far. Stop with all the irresponsible spending. It isn't sustainable and you're just killing the future of the country. But Democrats don't live in the real world. They live in la-la land at least until the money runs out.

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