Monday, September 29, 2008
Cause & Effect
Investor's Business Daily has a short article on the cause of the economic mess in which we currently find ourselves...
'Crony' Capitalism Is Root Cause Of Fannie And Freddie Troubles
There are plenty of guilty parties named. One that pops out at me is former Clinton Justice Department official Jamie Gorelick. Remember her? She was instrumental in America's inability to connect-the-dots when it came to fighting terrorism because the CIA and the FBI were stopped from sharing information.
Big mistake number one from Gorelick...
And now we hear about big mistake number two from Gorelick, namely she took $75 million from the Fannie-Freddie piggy bank.
Sometimes I wonder if these liberals are just stupid or if they are out to destroy this country.
In any event, isn't it past time the guilty parties be held accountable for their misdeeds?
[The BLOG note: The photo is courtesy of AmericanShooter. The statue itself has an amusing backstory.]