Thursday, October 30, 2008

VDH still thinks we're better than most....

America Compared to What?:
"Republicans let fast-talking Wall Street gurus gamble their firms into oblivion. Democrats allowed politically correct Fannie Mae and Freddie Mac bureaucrats to siphon off bonuses while guaranteeing loans to millions who had no business taking out a mortgage.

We, the people, ran up credit cards, borrowed for overpriced houses, and drove gas-guzzling cars fueled by high-priced imported fuel. The result was a national-debt flu — but not a depression cancer — that sickened an otherwise healthy host.

Why then would America in recession still be in better shape than others?"

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