2008 October

THE JUNGLE REPORT

Welcome to The Jungle Report. Musings on political jungle where common sense and the RIGHT way prevails. Come back often for more interesting stories and analysis.

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Entries from October 2008

Now McCain wants another morgtage bailout

October 8th, 2008 · 5 Comments

This is unbelievable.  Let’s just reward people that made questionable decisions.   Not saying all foreclosures are from bad people, but hey, maybe I should have bought a mansion too, so I could get bailed out by McCain.
But no.  In this case, I’m going to bail out someone else who bought that mansion.
The Republican party has […]

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Tags: Economy · Politics

Fannie Mae Eases Credit To Aid Mortgage Lending - in 1990s

October 1st, 2008 · 1 Comment

Read it and weep.  Story from NY Times in 1999. 
Now we all are paying the price for lax lending practices.  All corrupt from top to bottom.  Clinton’s idea of trying to help the needy is to just give them money.  Now it has all come crashing down.

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Tags: Economy · Politics