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To: RSmithOpt

Don’t forget GM, Wells Fargo, BoA, Fannie Mae, Chyrsler......


36 posted on 05/08/2009 12:40:56 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer
Friedman resigned this week (NY Fed Chair) after making 3 mil on Sachs stocks......hope people take notice of a serious conflict of interest. The NY Fed now has 3 vacancies, almost unheard of.

Seems as though the bailouts are just a conspired scheme to line the pockets of the few. If Fannie & Freddie were really in such hoc during the Raines / Gorelick reign, why aren't they made to give those bonuses back?

Wait until the Option Arms reset the next 2 years, the commercial real estate bubble pops, and the now unemployed consumers default on a huge amount of credit card debt.

California is suffering from The Left's reign at the state level.......the future of the US goobermint and its budget are to follow.

38 posted on 05/08/2009 12:49:47 PM PDT by RSmithOpt (Liberalism: Highway to Hell)
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