Monday, July 12, 2010

Nepotism and dumb sons. Stupid legislators behave as dumb as they are.

BELOW IS THE STUPID QUOTE OF THE CENTURY
In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn.) proposed that borrowers be required to make a 5% down payment in order to qualify. His proposal was rejected 57-42 on a party-line vote because, as Senator Chris Dodd (D-Conn) explained, "passage of such a requirement would restrict home ownership to only those who can afford it."
I can't add anything to this.
****Would Dodd have been a Senator if his father had not been one? Or Al Gore? Or...
Here's an article on governmental nepotism, current only through 2005!
http://prorev.com/family.htm

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