There’s more bad recession news tonight.
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“You don’t need to know. One word you gotta know— greed. Greed that extends to the out-of-work guy who lies on the mortgage application that he’s makin’ a hundred grand a year. But when the house price collapses like a cheap suitcase and the mortgage interest goes up anyway, he is stuck. Thousands are stuck. And who’s gonna bail ‘em out?”
“You are. Your tax dollar. ‘Cause Uncle Sam has declared everybody has a god-given right to own a house, no matter who lied to provide it, who cut up the worthless mortgages, and who bought the pieces.”
Is that why this Senator Gregg doesn’t want to be Commerce chieftain?
“Nobody knows. His explanation sounds like Treasury Geithner explaining his plans for a pullout. Put ‘em together, I say, and send ‘em out on the road like Hope and Crosby.”
Who and who?
“That’s right. I forget you are a youngster. They were funny guys, and one could sing. Hope and Crosby were a little relief during the big depression. Another relief was the Chicago World’s Fair where one night they shot Dillinger.”
“A bad guy who robbed banks.”
But the way you talk about them, banks sort of deserve it.
“Yeah. But now they’re robbed by the guys who run ‘em. Turn on the music. Let’s listen to some good stuff and then — know what? We’ll go over and meet those new folks who moved in a week ago.”
“Yep. ‘Cause that’s another thing, like the music, that got us through the last one. Neighborliness. Giving a damn about the guy next door.”
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online