Monday, July 14, 2008

So We Can Nationally Bail Out Businesses But Not People?

Don't get me wrong, I'm all for us propping up the housing industry as much as is necessary to get it moving in the right direction, but I don't understand the backwards thinking that allows some people (read: Republicans) to believe it's hunky-dory to give hand-ups to giant mortgage companies like Freddie Mac and Fannie Mae (while at the same time going to war against shady lending practices (read: what got these people rich in the first place) and not to give hand-ups to individuals who, it has been scientifically shown, make this economy work.

Where's Robert Reich right now?



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