[I got into one of those confounded political circle-jerks on Facebook (with someone who stooped to pseudo-argumentative devices that disappointed me, coming from him). I ended up typing a response that-even after aggressive editing-was a bit long-winded for a FB comment. Here is a more broadly worded, and expanded variation of the full version.]

( ... )

I have no problem with anyone earning gobs of money. I do have a problem with them scamming it-which is the usual method.

The successful finagle by FDMC and FNMA to be bailed out, is a scam on top of a scam. Their job is to exploit people who are over a barrel; that is from whence their profits come. Now that this financial rape has bit them in ( Read more... )