a quick econ lesson, for anyone who cares

Sep 08, 2008 08:46

The Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Association (Freddie Mac) are being shored up with the 2X4's of our tax dollars. Yes, ladies and gents, we're taking these hollow houses of fraudulent bankers and making sure that they don't collapse under their own overbearing weight ( Read more... )

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tubafishy September 8 2008, 13:24:00 UTC
Ah yes, the fine print. No one seems to want to bother themselves reading anything they sign beforehand then are surprised when something goes wrong.

This loosely reminds me of people who will not read computer error messages, and chalk it up to the computer being messed up. One of my flatmates last night literally pounded on his computer because he was getting an error message.

I think my little sidenote is that people just need to READ. I never sign anything without reading over what I am authorizing with my signature. People would have much less computer trouble if they would just bother to read what those little windows say and take two seconds to comprehend it.

Sorry for going off track, Lee. But I really kind of think we have a similar point - that people don't bother thinking about the consequences to their actions until it screws them over.

Hope things at Casa de BlahHa are going well. I miss you guys.

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notaphilosopher September 8 2008, 16:49:53 UTC
Things are good, for the most part.

Al's leaving for boot camp on sept. 23rd so its going to leave me alone with them boys.

FUNFUNFUN

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