“I’m just not sure where they’ll find investors willing to lend long at 4% secured by U.S. residential property. Unless, of course, those investors are us taxpayers … and I’m not sure they can squeeze that kind of money out of us.”
The problem is your presuming we actually have a say in what our tax dollars, our childrens tax dollars, and our grandchildrens tax dollars are spent on. Clearly they are not. In fact the first failed bailout was a joke and this recent bailout is not much more then a spending spree by our government. Explain to me how over 300 million in std prevention is a bailout?
The bottom line is this will all be backstopped by the government.
It doesn’t matter if our leaders are democrats or republicans.
