tag:blogger.com,1999:blog-5791205829167373593.post41841409945001088..comments2023-08-05T10:10:14.345-04:00Comments on The Flamenco Chuckwagon: Sorry, JimChuck Wagonhttp://www.blogger.com/profile/06418906274684022977noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5791205829167373593.post-61492724294387054412008-09-10T16:42:00.000-04:002008-09-10T16:42:00.000-04:00It's okay. Private profit, publicly subsidized ri...It's okay. Private profit, publicly subsidized risk. Moral hazard. <BR/><BR/>And Palin is getting slammed for saying Freddie and Fannie are too large and too expensive, and that the fed should pull out of the mortgage backing bidness. Yeaaaahhh.... um... right. <BR/><BR/>FWIW, it's profitable to look and see who the top recipients of campaign finance donation from those pseudo public corporations are. They happen to be the people in charge of "reforming" them. Not to say this game is rigged, but the NBA refs have nothing on the reformers. <BR/><BR/>My point before is it's worth mulling this over the way you'd mull over a chess move but politics is not worth shedding a tear over. A few people in that game are worth caring about; few are, and rarely are the ones we seem to care most about.Jimhttps://www.blogger.com/profile/10461836999036966262noreply@blogger.com