SKUNKS ACT LIKE SKUNKS! RIGHT? POST 151

Hi,

This blogger has DISCOVERED  a new definition of Intelligence set up by the  flock of MOVERS AND SHOVERS THAT CURRENTLY INHABIT AMERICA AND OUR WORLD.

WHOEVER CAN ESCAPE BLAME, THRUST IT ELSEWHERE, OR OTHERWISE  BE EXCUSED OF ALL CONDEMNATION IS THE MOST INTELLIGENT BEING !!!!!!!!!!!!!!!!

INTELLIGENCE IS  BASED ON  USING YOUR NOODLE FOR A HAT RACK--AND EXCUSES !!!!!!!!!!!! The current suit by Freddie Mac against major banks blaming them EN TOTO for the mortgage debacle is the most current proof of that statement !!!!!!!!!!!

This blogger is aware of a long history on BANKING THAT GOES BACK TO THEIR BEGINNINGS and guess what ??????????????? THERE IS CLEAR EVIDENCE THAT BANKING WILL DO WHATEVER IS NECESSARY TO SAVE ITS COLLECTIVE ASS when things just don't work out to their satisfaction !!!!!!!!!!!!!!!!!

Now if this lowly blogger knows that fact then is it too much to expect that a GOVERNMENT CONTROLLED AND RUN INSTITUTION  SUCH AS FREDDIE MAC WOULD KNOW IT AS WELL? DID WASHINGTON BOTHER TO HAVE ITS ECONOMIC OFFICIALS STUDY THE HISTORY OF BANKS OR FOR THAT MATTER ECONOMICS IN GENERAL ????????????

DID IT NEVER OCCUR TO THOSE ERSTWHILE DO-GOODERS IN FREDDIE MAC THAT WHEN YOU LOAN MONEY FOR A  HALF MILLION DOLLAR HOME TO A FAMILY EARNING LESS THAN  $60,000.  A YEAR THAT THEY WOULD NOT BE ABLE TO MEET THE MORTGAGE PAYMENTS and HIGH INTEREST-- NO MATTER HOW YOU SWEETENED THE DEAL ?????????????????? DID IT NOT OCCUR TO THE MORTGAGE BROKERS WHO BUNDLED THOSE SCARY MORTGAGE LOANS INTO SECURITIES??????? AND SOLD THEM,  THAT IT  JUST MIGHT BE MORE THAN RISKY ?????????????

OBVIOUSLY NOT !!!!!!!!!!!!!!!!

Now, we come to the fun part. Guess who is suing whom???????? The taxpayers against THE government ??????????? Nah, too many nice guys here anyway you can't sue for wasting taxpayers' money. Too damn bad, old sock.  IT'S GOOD OLD FREDDIE MAC SUING THE BANKS BECAUSE----------YOU GUESSED IT----------THEY ARE TO BE BLAMED FOR DOING WHAT BANKS DO BUT IN THE EVENT OF CRISIS ONLY MORE SO !!!!!!!!!!!!!!

THOSE MEAN "OLE' BAD BOYS AT BANKS IN BRITAIN AND SWITZERLAND CONSPIRED TO SAVE THEIR ASSES BY MANIPULATING THE LIBOR (a rate which provides the basis for trillions of dollars in contracts around the world, as well as mortgages, bonds and consumer loans).  LIBOR = LONDON INTERBANK OFFERED RATE. 

IN OTHER WORDS, DOING WHAT BANKS DO--IN A CRISIS

POOR SELF-RIGHTEOUS FREDDIE MAC AND FANNIE MAE FIRST ESTIMATED THEY LOST $3 BILLION ON THEIR  'UNWISE' INVESTMENTS WHEN THEY GUARANTEED ABOUT 50% OF  AMERICAN HOME LOANS OR NEARLY 31 MILLION MORTGAGED HOMES. THEY NOW ESTIMATE THOSE LOSES MAY REACH $1 TRILLION DOLLARS !!!!!!!!!!!!! AND THE 'DO-ONLY-GOOD' SOCIALIST AGENCIES FREDDIE MAC AND FANNIE MAE JUST DIDN'T HAVE A CLUE THAT THIS WAS RISKY AND WANT TO LAY ALL THE BLAME ON THE BANKS WHO SET THE LIBOR AND THAT FREDDIE MAC NOW CLAIMS CAUSED THE DEBACLE !!!!!!!!!!!!!!!!!!!!!!! BY BEING BANKS!

WHO'S PAYING THE BILLS ????????????? WHY AMERICAN TAXPAYERS, OF COURSE, SO FAR TO THE TUNE OF $170 BILLION--JUST A DROP IN THE BUCKET OF WELL MEANING SOCIALISTS WHO ALWAYS BELIEVE THERE'S A LOT MORE COMING FROM WHERE THAT CAME FROM !!!!!!!!!!!!!!!!!! THAT OLD BUCKET NEVER SEEMS TO GO FROM FULL TO EMPTY WHEN YOU BELIEVE YOU ARE DOING GOOD AND THAT YOU ARE INTELLIGENT !!!!!!!!!!!!!!!!!

And since intelligence means to the well rounded socialist "escaping the blame"--ALL IS WELL!!!!!!

BELIEVE THIS BLOGGER THAT I AM NOT ABSOLVING THE 15 BIG INTERNATIONAL BANKS FREDDIE MAC IS SUING FROM ANY PART OF THE  BLAME. EVERYONE IS TO BLAME IN THIS RIDICULOUS SCAM ON THE AMERICAN PUBLIC.

BUT THIS BLOGGER IS SAYING THAT IF A SKUNK MAKES A FOUL ODOR WHEN ALARMED BY DANGER--WOULD YOU SET OUT TO ALARM IT ?????????????

AND IS WASHINGTON WHOEVER? TRYING TO TELL US THAT POOR 'LIL OLE' FREDDIE MAC DID NOT UNDERSTAND THE FOUL ODOR THAT WOULD OCCUR WHEN THE MORTGAGE SHIT HIT THE FAN??????????????

THIS FANTASY REQUIRES ANOTHER .......PUH.....................LEEZE...........!!!!!!!!!!!!!!

 BANKS DO WHAT THEY DO TO SURVIVE. THEY'RE NOT CONSIDERED THE NICE GUYS  OF THE PLANET BUT THEY ARE CONSIDERED THE NECESSARY GUYS OF THE PLANET. THE SUIT SAYS: "THEY (THE BANKS) ACTED COLLECTIVELY TO SUPPRESS...LIBOR, BOTH TO HIDE THEIR INSTITUTIONS' FINANCIAL PROBLEMS AND TO BOOST THEIR PROFITS."

DU............HHHHHHHHHHHHHHHHHH !!!!!!!!!!!! ISN'T THAT WHAT BANKS DO?????????

IF THIS EXCUSE, THAT FREDDIE MACK IS LAYING ON BANKS, WASHES OUT SOCIALIST BLAME AND EXCUSES THEIR LACK OF INTELLIGENCE IN THIS ECONOMIC CATASTROPHE, THEN THIS BLOGGER WILL HAVE TO ADMIT THAT THE NEW DEFINITION OF INTELLIGENCE HAS MERIT.  AND THAT MAYBE, AS THE SOCIALISTS ARE ATTEMPTING TO CLAIM, OBAMA IS OUR MOST INTELLIGENT PRESIDENT !!!!!!!!!!!!!!!!!! AND SKUNKS NO LONGER EMIT AN ODOR!!!!!!!!!!!!!!!!

CHEERS, CONNIE