[nicola_tesla]

Time to get out the torches and pitchforks. This is what will occur in increasing numbers if we continue to rack up more and more debt bought by foreign interests and allow CONgress to pass laws to bail it all out.

Socialize the losses. Allow those who profited to keep their gains.

Wake up America.

www.fedupusa.org

[ken21]

reprehensible,

but who got us into this mess, so that we were in the position of being blackmailed?

[nesnah]

Congress < Progress

[GOPJ]

Don't you think the American People deserved to know BEFORE our government signed over $800 billion of taxpayer money that FOREIGN INVESTORS AND CENTRAL BANKS - THAT IS, FOREIGN GOVERNMENTS - effectively BLACKMAILED our government?

Yeah, I love bailing out domestic and foreign multimillionaires. That's where my tax dollars do the most good... On a more serious note, the "fix" is propping up the institutions of Frannie and Freddie more than fixing the problem.

The "fix" also seems aimed at maintaining full employment for retired pols than of helping the housing mess. Since the "help", interest rates for mortgages has gone up.

[groanup]

Huh?

[decimon]

I wouldn’t call it blackmail when they’re holding trillions of dollars of paper they bought in good faith. Should they just suck it up and take a trillion dollar loss on what was touted as being among the most secure of investments?