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The headlines say the US government "seized" Fannie Mae and Freddie Mac and, if you bother to read the story, you find that We The People have adopted another budget catastrophe whose cost is on par with the US government's seizure of Iraq. It's quite a Fannie we've seized. But the government didn't actually seize the two companies; they're publicly-traded in good times, but only government-seized in bad. As soon as they're profitable again the shareholders will regain control. Maybe Fannie and Freddie will buy a big Thank You ad for the back of next year's Form 1040 Instruction booklet. This temporary seizure relationship is politely called a "conservatorship." It's fear-based socialism, like when your parents pay for your rehab and cover your bills and mow your lawn while you're in recovery because they're afraid you'll stab them in their sleep if they let you move back home.
But, since that story is all about big numbers that nobody can even imagine, let's talk about little missing Caylee's awful mother instead. I heard that she relied on her parents to watch little Caylee while she'd be out drinking and fucking. Can you believe the nerve? Really, I blame the parents.
2 comments:
I've been so obsessed with Fannie and Freddie that I have absolutely no clue who Caylee is. I liked that Marillian song, Kayleigh, though. It was pretty good.
My parents wouldn't even pay for my rehab. "Get a job and pay for it yourself!" they said. Just once, I wish somebody would coservatorship my ass.
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