Bailout!

    Posted by rojo on 13th of Jul 2008 at 11:19 pm

    http://www.nytimes.com/2008/07/14/washington/14fannie.html?_r=1&hp&oref=slogin  

    Treasury Acts to Save Mortgage Giants

    Alarmed by the sharply eroding confidence in the nation’s two largest mortgage finance companies, the Bush administration on Sunday asked Congress to approve a sweeping rescue package that would give officials the power to inject billions of federal dollars into the beleaguered companies through investments and loans.

     

    Bailout

    Posted by rafe on 14th of Jul 2008 at 12:04 am

    You are witnessing greatest crime in history!  Fed should have never existed!  Can they pull another heist---do not know.  But $ is toast!  In my Age of Turmoil groups there is a slot for CORRUPTION/  From my reading this should be increased by a factor of 10x/  The sheeples are being fleeced and so few even know it!  The Crooks political and public(especially hedge funds) got the puplic by the--------------------Jessee Jackson comment to about well you know who!

    G/L

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