PLEASE HELP ME wrap my mind around this

[xiamiam]

Gamblers and the masters of the universe made BILLIONs betting that mortgages would fail..worked to ensure their failure in order to get paid..created bogus financial instruments as part of a master plan which would insure failure..blamed it on the subprimes and immigrants and other victims....got paid...then we bailed out the companies who covered those bets so that they could pay their buddies who owned the companies that wrote the bets...THEN ..while millions of us are losing the homes to the lenders who sold the bogus financial instruments to millions of Americans who didnt have a chance in hell of escaping any of this..the government uses taxpayer money to cover the bets that the homeowners would fail while the government attempts to create a plan to stop foreclosures..ha...

http://www.huffingtonpost.com/2009/03/18/hedge-funds-that-bet-agai_n_176255.html

[NV Whino]

1. I supose firing squads are no longer in style?

[rateyes]

2. Sounds to me like you've got your head wrapped around it already. nt

[skooooo]

3. We wouldn't be in this mess...

..if our money had been flowing to Bob!