[ex-Texan]

Here is a very bitter one minute comment on the F & F bailout:

Video Comment Here

So we just nationalized F & F at the drop of a hat, without any debate, without amendments. Now Congress wants to give crooked former CEO Franklin Raines a $5.3 million severance package for cooking the books. The man belongs in jail. $6.3 billion in obvious accounting fraud.

And Congress wants to give him a Golden Parachute ______________ ? ! $ 200 million in political bribes goes a long way these days.

[ex-Texan]

JMHO . . . for whatever that is worth . . .

Goldman Sachs Will Be Next !

Or maybe not. We will see. But the stock is at least 50% out of whack with other share values on the street.

[TomasUSMC]

So we just nationalized F & F at the drop of a hat, without any debate, without amendments. Now Congress wants to give crooked former CEO Franklin Raines a $5.3 million severance package for cooking the books.
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Should we change the independence of the Fed? It sure seems that they are starting to abuse that independence. First 400 billion, then more, now 200 more, and this FF bailout...does that make us liable for the trillions in loans they had out?