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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

Government to wipe out Fannie/Freddie shareholders by Sunday

And now what could become history's biggest transfer of tax dollars to bail out bad lending begins. Last month Congress passed a bill that gave the Treasury Department $800 billion to bail out Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). And while it is unclear how much money will be used to bail them out, the general outlines of the soon-to-be-announced terms are becoming clearer than they were last night.

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And now what could become history's biggest transfer of tax dollars to bail out bad lending begins.

And now what could become history's biggest transfer of tax dollars to bail out bad lending begins.

And now what could become history's biggest transfer of tax dollars to bail out bad lending begins.

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Posted on Sep 06, 2008 at 16:41
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1

Bypass the middle man

Easterling

Mail your cash directly to:

The Bu$h Crime Family
Attn: Brother Neil comptroller of the currency stash
Kennebunkport
Republic of Conservative Maine
USA
EARTH

*if you are a liberal baby killer Big Government communist, your contributions will NOT be tax deductable.

09/06/2008 - 17:13

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