That Washington "thing."

The Democrats in Congress organize “Cartels of Caring.” A “Caring” Cartel is at the very center of the Subprime mortgage mess. Its most visible members came in the form of a “big fat Fannie” and its spawn, an adrenalin addled Freddie. This Federal Grendel and his Ma effectively turned the mortgage industry into a government run cartel. Except in this story, Grendel didn’t lose his arm, home buyers and taxpayers lost theirs. It took advantage of home buyers at one end and mortgage instrument buyers at the other — and the entire US in between once the “implicit” guarantee of Freddie and Fannie finally became explicit. They socialized the risk and let speculators hugely profit.

Citizens struggling to make their mortgage payments don’t give money to politicians. Real Estate speculators do.

Cartels are always sold as being good for the public. Their purpose is to steer power and money to their members. The Democrats (but not just the Democrats) combine these two principles to produce “Cartels of Caring.” In the last few weeks we have found out how much “affordable housing” really cost. Ten years from now we will learn the cost of affordable health care — your life, perhaps, but only after your money.

Do you want them to stick their fat Fannies into your health care? In this respect, the “McCain plan” is better since it does give the patients some control. Sen. Obama constructs another “Cartel of Caring,” only this time he invites the insurance companies to join and removes power from the patients. They will construct a system of incentives to over treat the well and hasten the death of the severely ill. This system will not require a Dr. House — a brief bit of grief “consoling” will do. Twelve stages in two minutes. Because we care.

The Main stream Media is another “Cartel of Caring.” They sell themselves as the watch dogs of the American People when they are actually the Guard Dogs of the Washington establishment — and all the Cartels of Caring they create. Hence their Howling at the Moon when Sarah Palin arrived on the scene.

After the election they will want their own position shored up. They are owed that much (and self interest does dictate…)

If you want a movie that most effectively mirrors the current set up in Washington, watch Goodfellows. “Hey, Congressman, I’d like you to meet a friend of mine. Grendel’s a Good Fellow.”

It makes you want to Howl like a Beowulf.