We had a housing collapse because of liberal housing rules and Fannie Mae and Freddie Mac securing bad loans? No problem! Time for more of the same, says Obama, who is acting without Congress’ aid.
You see, this is all part of the liberal mindset. When the government screws up a market, it’s never the government’s fault. No, no, no, those who don’t have a profit incentive are never wrong. It’s always those who have an incentive to make money who are wrong.
In fact, even though government officials don’t have any skin in the game, if something does go wrong, the reason it went wrong was because they didn’t meddle enough! (many legislators have been exempt from the laws they pass for some time now)
So, clearly, the solution here is to impose more things on the economy that no consumer wants to buy.
Or perhaps it is our fault as American citizens that we aren’t purchasing risky loans! I’m going to make a change for the better: while shopping this week, I’m going to buy some pizza, Oreos, and a few more subprime mortgage security shares. (from Freddie Mac and Fannie Mae of course)
Come on, folks, do your part for our country and buy more shares of risky loans!
Investment disclosure: Nephew Sam does not actually own, nor plans to purchase, any subprime mortgage shares, besides the number the federal government has already bought with taxpayer money.
So, the President is giving his 2011 ‘State of the Union Address’, which is available on a live YouTube stream. I’m not watching it, mind you. I think it’s pretty predictable what he will have to say about the state of our great union:
“ya, we’re havin sum tough timez. it is cawsed by bad bisness peeple whoo r frum Big Bisness. They are so OP, and need nerfed. me and my frend, big govnment, will fix problum rite away. cuz we can nerf Big Bisness, & print monees. its kewl – monee fixes everything. so stop QQing doods. and start helpin’. cus we’re l33t, so u shuld be on our teem. we wurk 2gether. kk? w00t!”
Anyway, on this ‘Union Address’ YouTube stream, people are posting ‘question’ comments for the president to answer two days from now in his ‘YouTube interview speech’. I’m responding to some of the comments below. And, unlike his teleprompter writers, he doesn’t even pay me! I’m just that upstanding of a guy.
There are just so many comments here that come from a lack of economic understanding, it makes a fellow want to give up hope. Fortunately, if I listen to Obama long enough, he will use the word hope at least once. Alright, onto the comments…
“What can jobs do for our country when were in so much debt? More jobs means less money for buisiness owners, and yes, it gets people there lives back, but how can you do this when we are in so much debt?”
Yes, because clearly, business owners hire people in order to make them feel warm and fuzzy inside, not to help meet consumer demand and to increase their profit by multiplying sales x profit margin. Clearly, businesses operate on government checks and incentives, not hard work and common sense.