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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

U.S. likely to recapitalize Fannie, Freddie: report

The U.S. Treasury is growing increasingly likely to recapitalize Fannie Mae and Freddie Mac in the months ahead on the taxpayer's dime, Barron's reported in its August 18 edition.

Webmaster's Commentary: 

So, even those Americans smart enough to avoid the real-estate "froth up" are going to get stuck with the bill.

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