Some people are alarmed by the federal bailout of Freddie Mac/Fannie
May--or FF, but we shouldn't be surprised. Government didn't so much
take over those companies as finally--and honestly--admit that they
had been government enterprises all along. As such, FF had acted less
responsibly than most private companies. FF always knew that it had
the backing and support of the government. It didn't have to be
accountable. Also, it's the government that had pushed for 'fair'
loans. "Fair share" or "fair loans", whenever it's decided by
politicians or bureaucrats, there's likely to be trouble ahead. But,
we must not lose sight of who put the politicians in positions of
power. The people did. So, the people are ultimately responsible.

Political discourse on both the left and right rarely blame the people
and always scapegoats the politicians on the other side. This is a way
to win votes--by making people feel like helpless victims of evil
politicians of the other party. But, it's really liberal politicians
elected by liberal people 'oppressing' conservative people, or it's
conserative polticians elected by conservative people 'oppressing'
liberal people. It all comes back down to the people.

We can argue that it's the government that made it possible for people
to be reckless with their spending, borrowing, and so on. But, the
government that allowed the people to be reckless were put in power...

I'm not surprised that the real term for what happened isn't being used

Freddie Mac/Fannie May NATIONALISED by supposedly Right Wing Republican
Government

Chavez and Castro roll over laughing out loud.......... as am I.

THX, and interesting analysis. And I agree, the people Society are
responsible for what happens, individually and collectively. What's needed,
imho, is a change in attitudes across the board, and an honest discussion
about what values really are important to lead a happy successful life.

Now, something to challenge your opinion about TRAFFIC LIGHTS -----

Accident-free zone: The German town which scrapped all traffic lights and
road signs
By ALLAN HALL Last updated at 8:05 PM on 23rd June 2008

Peter Hilbricht, a police officer in charge of traffic planning, added that
the main intersection generated about 50 accidents a year before the
changes.

'The number plummeted,' he said. 'It has been a sea-change in German
attitudes as much as anything else.'

http://www.dailymail.co.uk/news/worldnews/article-1028740/Accident-free-zone-The...

On Sep 12, 2:08 pm, "Sean" now.com.au> wrote: