[Steelerfan]

Amen. Plus, this is going to be the next huge S&L style bailout that we all end up paying for.

[litehaus]

Funny, I told my wife bout this years ago and she agreed, but then I said 'there goes So.Africa' when TUTU got the prize. We had both lived thru the 15/18 % mortgage thing and watched many business folks go under cause of those rates back then. If fannie and freddie are 'exposed'....Watch OUT!

[thoughtomator]

I will vote against anyone who votes for a pension bailout. Socialism should be allowed to fail on its own with the full consequences unmitigated by yet more extortion from taxpayers.

If they've got the money to bail out private pensions, then there's no reason they can't find the money to, say, fence off Mexico and deport 10 million illegals.