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Old Sep 7, 2008, 01:59 pm   #6 (permalink)
Deadeye
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Posts: 2,368
News a few minutes ago (Sunday; opening day of NFL football)

The govenment has taken over the operation of Fannie Mae and Freddy Mac. These two giants hold half of the mortgages in the USA.

So it's another government bailout using taxpayer money to back up those who made poor business decisions.
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