Tex wrote:
WASHINGTON - The Federal Reserve and the Treasury announced steps
Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose
shares have plunged as losses from their mortgage holdings threatened
their financial survival.
Heck, as long as Ellie Mae is ok, why worry?
The government has decided it has a huge role to play in business and is
now covering the losses of their buddies, whose unbridled greed has
caught up with them.
The same buddies who hate government interference and the same
government who loves to spread the gospel of a Free Market place.
mike clampett
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