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So - our wonderful elected officials have now come up with a financial bailout that will allow them some defense against the huge outcry against this execrable act. "But look!" they'll say, righteously, "we put in accountability - and protection for mortgagees!"
This is the worst piece of legislation perpetrated against U.S. taxpayers in history. But, now we must live with it.
Every time the government has come up with a plan that involves giving money away, con-men and crooks have come out of the woodwork, and ultimately found ways to get themselves a piece of the pie. This will be no different.
I predict that, within 6 months to a year, there will be numerous stories in the news of fraud and abuse of this program, and the crooks will get away with millions of our tax dollars.
We weren't even allowed to vote on this shameful legislation.
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