The coming subprime bail out

Subprime loans: Initially cheap loans offered to subeducated barrowers who are willing to take a sublogical risk that their subprime loan will not become an extraordinarily overprime loan in a sublong term period of less than five years.

So, many people flocked to the lenders and barrowed money to pay for houses that they otherwise could not afford and would never have even considered. Now, like when you make a deal with the devil, the devil wants his due. The people who took advantage of this deal that seemed too good to be true are finding out that it was.

And so whose fault is it? The barrower who thought that they could move into $250,000 home for the same money that they were paying for a three bedroom apartment? No. It’s the lenders fault. And because the lender was stupid enough to spell out every detail of the agreement in a binding contract signed by the barrower, it’s our fault.

Our fault? How do you figure? Hey Mr. & Mrs. America wake up and smell the coffee. Do you really think Democrats will allow one of their most reliable demographics – victims – to pick up the tab for their own foolishness? You can bet that Democrats have already identified some hapless subprime barrower with his crippled wife who shot herself in the foot with a defective Colt firearm, when she spilled hot coffee on her lap from a defective cup, while over steering a defective SUV to avoid an endangered squirrel, forced out of its nest and on to the road by global warming, that she could not see from the cloud of smoke pouring from her defective menthol cigarette, while driving home from her voting precinct after being disenfranchised during the 2000 election because she was too dumb to read the ballot. Did I mention she was an illegal alien?

Meanwhile, 1,000s of Americans are taking on extra work, cutting back on movies and dinners out and restructuring their loans to meet their obligations. To Democrats, these are the real subeducated people, taking responsibility for themselves and getting along without the government.