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Old Sep 9, 2008, 11:41 am   #19 (permalink)
GHook93
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Quote:
Quote by: Deadeye View Post
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.
What did you want to happen! I consider myself a fiscal conservative in the mold of a libertarian, but do you really think that letting FM and FM go under would be a wise thing? It might be a blow in which America couldn't stand up from!
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