Bill O'Reilly Believes the Feds can Fix the Problems it Created.

Here we go again, O'Reilly Believes the Feds who made the housing mess in the first place can now fix it! Does the phrase "one's born every minute" sound familiar, O'Reilly wants more government regulation of the markets to fix what the government created by way of its earlier regulations, does that even sound logical!? For example when people were complaining of long lines at the post office, what was the post office's answer? Why to remove all of the clocks! What next, if people keep complaining of long lines will the confiscate anything capable of keeping time until you leave the post office facilities!? John Stossel tried to get O'Reilly to see the error of that view but like with Oil O'Reilly lets his anger cloud his critical thinking on this, see my past articles for more on O'Reilly's clouded critical thinking The Oil Company Profits and the Truth Bill O’Reilly Ignores. & Ethanol - The Gas Substitute that Can’t. And Other Options.

One of the key things O'Reilly is ignoring on this is government used it's police powers on the banks to force them to make loans to people who couldn't pay them back, basically putting a gun to the head of the banks. Any bank that made a noise about making these loans was told they would lose their Federal backing, in other words they would not be able to operate in the territories of the United States, and to keep those banks quiet the Federal Government backed the loans with Freddie Mac and Fannie Mae, with our tax dollars. So O'Reilly tell me that this whole mess isn't the fault of the Federal Government.



Solomon.