Tuesday, November 20, 2007

the truth behind the housing/lending crisis

Bob Herbert tells a story, and it's unbelievable.

These companies will, in all likelihood, be saved by the government when they should be allowed to drown (or perhaps even thrown an anchor), and Ms. Dailey will get the opposite treatment.

But don't worry, Senate Democrats will burn a couple of weeks strongly demanding George W. Bush accept completely voluntary, advisory timetables for withdrawal in Iraq before completely caving and writing him another hundred billion dollar check.

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