[McGruff]

I heard the girl Darin Kagil? state it pretty clearly earlier on FNC but I can't remember things for long. Essentially it would be about 700 billion not the 1 trillion number the spout and it's not a total loss because there is equity in these mortgage bailouts.

I was disappointed in a republican talking head that didn't counter the democratic one who said Bush has done nothing to head off this crisis. All she had to do was read the NY Times article from 2003 where Bush warned congress of the potential troubles with Fannie May and Freddie Mac.

[SE Mom]

Exactly- freepers have already dug up plenty to coroborate WHO and HOW got this started. This was a liberal plan from the start.

At the same time- we have spineless and liberal Republicans who went along to get along. No one is blameless- but there are definitely some culprits: Jimmy Carter, Bill Clinton, Barney Franks, Raines, Johnson, Jamie Gorelick...

[Fox_Mulder77]

Essentially it would be about 700 billion not the 1 trillion number the spout and it's not a total loss because there is equity in these mortgage bailouts.

Actually, no one knows how much this is going to cost.... I'm thinking 1 trillion or more