The American Spectator

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The Nation's Pulse

(Page 2 of 2)

(Fraud is one thing, but for the life of me, I still cannot figure out how anybody could agree to take out an adjustable rate mortgage during a period when interest rates were at the lowest levels since the Eisenhower era and claim to be surprised when their rate goes up.)

What should most concern conservatives about the Fed's actions under Bernanke is that they represent another stage in the development of a society that does not ask anybody to take responsibility for its actions.

It no longer matters what anybody or any business did to find themselves in their current predicament. All that matters is that they have a grievance big enough or pervasive enough to move the government to action. Eventually, something has got to give.

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