39 and Holding

O.K. so now we have bailed out the inept banking and loan business and as of the time of this writing, Sunday, October 12th, 2008, the rude awakening has hit.  The “bail out/rescue” bill has been passed and signed into law and the cold light is upon we middle class tax payers but no relief in sight for those folks who cannot make mortgage payments and will be foreclosed on.

Guess who is going to make the big bucks on this whole idiotic setup? The banks, the mortgage companies and WOW!, please don’t forget the lawyers, and the realtors will make a ton on the sale of these foreclosed homes. You can bet the farm that these guys are going to buy up the foreclosed houses and make another ton on the rentals and/or resale of them.

The vast differential in the alleged bail out and the cost of the governmental scam will be paid for by, you guessed it, the middle class tax payers.

The less than 600 folks who make up our federal government will not feel the brunt of these fiscal shenanigans until the next elections.

The MILLIONS of American voters are not stupid and when the smoke clears it may be, bye bye lala land, in Washington. D.C.

I hope I will be around to see this epiphany occur.