Because now, the U.S. Government has bailed out Fannie and Freddie Mac, which are the financial institutions responsible for insuring all the suckers who acted irresponsiibly in pursuit of their spoiled-brat "American Dream" of homeownership. Because remember, U.S. Taxpayers, you are a mean and cruel society if you prevent people who don't have a pot to piss in from pursuing the "American Dream."
NOT EVERYONE IS ENTITLED TO A HOUSE THEY CANNOT AFFORD! THAT'S WHY IT IS CALLED A "DREAM" -- NOT A "REALITY" YOU U.S. ECONOMY ANVILS!
AND THIS AIN'T FUNNY...CAUSE GUESS WHAT? Now that the Federal Government has decided to take over Fannie and Freddie, that means the U.S. Government will be responsible for making good on all the a-hole/losers who default on their subprime mortage payments, from here on in.
And guess what...most of these deals are with financial instiutions outside the U.S., like China.
AND THIS AIN'T FUNNY...CAUSE GUESS WHAT? Now that the Federal Government has decided to take over Fannie and Freddie, that means the U.S. Government will be responsible for making good on all the a-hole/losers who default on their subprime mortage payments, from here on in.
And guess what...most of these deals are with financial instiutions outside the U.S., like China.
SO THE UNITED STATES OF AMERICA WILL BE TAKING YOUR U.S. TAXPAYER MONEY...AND SENDING IT TO CHINA AND ALL OVER THE WORLD (everywhere except the U.S.) to pay for the subprime payments of the lazy-ass/stupid people and the con artists who fully knew they couldn't pay, but figured Richard Alarcon would work it out for them.
SUMMARY: Now that the U.S. Government has taken over Fannie and Freddie Mac. From here on in, all the subprime mortages that default and requires the insurer to bail it out, will be coming from billions and billions of U.S. taxpayer money. All the while these people knew what they were doing. And Zuma Dogg sure as hell wishes he signed up for one, if he knew the U.S. Government was going to pay for it all!
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