Sunday, September 07, 2008


If it's good enough for F-Twins, it's good enough for me & the rest of my country.
The Treasury Department seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, on Sunday and announced a four-part rescue plan that included an open-ended guarantee to provide as much capital as they need to stave off insolvency.
I suppose a cynic would claim that Bu$hCo is protecting the investors at the expense of the people paying the mortgages.

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