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To: JasonC

That’s the problem with the “well as a taxpayer I don’t wanna bail out such and such bank” argument.

The economic consequences in this case of letting a Fannie Mae fail, are FAR WORSE for most people’s wealth.

It sucks, but it’s the truth.


72 posted on 07/13/2008 6:44:59 PM PDT by RockinRight (I just paid $63 for gas. An icefield in Alaska is NOT the Grand Canyon. F--- the caribou.)
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To: RockinRight
Xactly.
85 posted on 07/13/2008 7:08:15 PM PDT by JasonC
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