If You Heard, “Probably Weren’t Up To the Job”, Would We Be Talking About
1) Our President?
2) His Treasury Secretary?
3) The MORONS the incompetents above (#’s 1 & 2 ) administration hired to handle their brilliantly planned “foreclosure prevention” program?
You guessed number THREE???? By George, YOU’VE WON A CHOCOLATE CREAM FILLED DUNKIN DONUT!!!!
The bailed-out mortgage companies hired by the Treasury Department to manage its main program designed to prevent foreclosures probably weren’t up to the job, and tapping them may have increased taxpayer losses, a new watchdog report says.
Failed mortgage giants Fannie Mae and Freddie Mac relied heavily on subcontractors to manage a program aimed at lowering borrowers’ monthly payments, according to a report Thursday from the Congressional Oversight Panel monitoring the $700 billion financial bailout. The job probably detracted from their efforts to right themselves financially and minimize the size of their bailouts, which total $148 billion and are likely to grow, the report says.
Treasury hired them despite their history of mismanagement, the report adds. It says they have misreported key data and missed important deadlines.
Every Chilean miner needs to get down on his knees ONE more time. Do you REALLY think it was a WHOOPS! when the Chilean president didn’t say “Obama” when he thanked EVERYBODY else in the FREE WORLD?
Biz, Nanny State, People, Politics | tree hugging sister | 
October 14, 2010 8:23 am
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Bozos…
[expletive deleted].
Repeatedly.
I have a sneaking suspicion it doesn’t matter who they brought in to do the job – it still would have ended up in the crap heap because the entire thing is such a huge mess to begin with.
Why didn’t the quiz choices include 4) All of the above?