Site for Free Markets and Free People

Thursday, December 11, 2008

FDIC Chair: GOP "Resents Helping Others"

FDIC Chair Sheila Bair appears as though she is desperately trying to cling to her job by insulting Republicans that don't support her idea of the government buying every home in the country in the name of "helping people." From the NYT:

“I’ve heard the stories of people who are suffering and can stay in their homes if there is just a small adjustment to their loans. There are some people in the Republican Party who resent the idea of helping others. But the market is broken right now, and unless we intervene, these people and the economy won’t be helped."

So Bair can now divine the intent of Republicans as well. Bush should fire her as his last civic duty in office.