Friday, March 20, 2009

Freddie Mac, Fannie Mae and Change

Now that Congress seems to be on the verge of taxing bailout bonuses 90% there are still some questions that need to be answered.

With all eyes on AIG and Bank of America and the other companies that got bailout money what about the others who seem to be flying below the radar?

What about Citibank and more importantly what about Fannie Mae and Freddie Mac?

Billions were given to these even before the last round of bailouts and their top execs received hundreds of millions in bonuses.

Nobody even mentions them.

And what about all the change that was promised?

CHANGE: to make the form, nature, content, future course, etc., of (something) different from what it is or from what it would be if left alone.

It appears to me that maybe those in government really don’t know the definition because we certainly have not seen any over the last 3 months.

It appears that many in government don’t know the definitions of a lot of words

Like honesty, integrity and most of all truthfulness.

Maybe every elected official should be given a dictionary and required to pass a vocabulary test before taking office.

And maybe they should be required to actually read bills before passing them.

Now that would be a change.

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