The sweetheart Countrywide loans don’t actually matter

by Cathy on August 15, 2012

Too funny.

Some Democrat congresscreature amended his own subpoena investigating subprime mortgage lender Countrywide Financial Corp. to exclude records showing that he, and other Dems and Dem aides got VIP discounted loans from the company. Then an election happened and Republicans took over and, whoops, shit got out.

This is why most conspiracy theories are utterly implausible. The people at the top are way too stupid and contentious to come together to pull off anything that requires much secrecy and coordination.

But the real takeaway here is that congressional perks don’t actually matter.

Did those loans actually hurt anyone? No. Perks don’t hurt us, legislation does.

Are legislative perks going anywhere? All of recorded history would suggest no.

So if perks are a necessary component of a state, and it’s the state that hurts us, shouldn’t we focus on ending the state?

Just sayin’.

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