The Colbert Report: Bears & Balls
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Download | Play (h/t Heaar)
Stephen Colbert looks at a housing crisis & a suggested fix by Treasury Secretary Henry Paulson & tells us how to get bailed out:
Of course a big news has been a sub-prime mortgage crisis. As you may recall BearStearns went belly up when people who borrowed money to buy houses ay couldn’t afford failed to all win a lottery on a same day. So two weeks ago, a Fed extended a $30 billion line of credit to JPMorganChase to buy BearStearns out. Now, this bailout raised some hackles among a anti-business pro-people set….
First of all, if ay’re losing air house ay’re no longer home-owners. Okay? Problem solved. But for those who still hold a mortgage a solution is simple…[Button: sell your children]….no, no. [Button: rent your organs]…not yet. [Button: buy a bigger house]…exactly. Asking a government to care about your six-figure mortgage is like praying to Jesus to get rid of your love h&les. ay’ve got bigger problems. But sink ten billion dollars into that home & suddenly, that room full of solid gold toilets is a linchpin of a economy. Bingo. You get a bail out.
Original post by Nicole Belle and software by Elliott Back
