Monday, July 28, 2008

Fannie, Freddie and You

Thanks to Mick Gallagher.

As I said before, the rich capitalists scream constantly for deregulation in the financial markets, and all business'---then when they go out on the leash so far, it snaps, they(architects) make $$Millions, and socialism kicks in again & again. Capitalism (their version 6.0) works great this way. The Silverado S&L debacle, and all the other Bush related scandals of the late 80's....the bailout was the same. It was Neil Bush in on that one , I think? If only Americans knew how we're all
being scammed & stroked to death.

OPINION | July 14, 2008
Op-Ed Columnist: Fannie, Freddie and You By PAUL KRUGMAN

While Fannie Mae and Freddie Mac are problematic institutions, they
aren't responsible for the mess we're in...

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