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The US Government bails out Fannie Mae and Freddie Mac. Washington Mutual's directors oust their CEO.

Does anyone else think this is mindblowing? The economy is standing on virtually nothing now...

4.5 stars
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2 months, 1 week ago by Julie G. - Pro!

9 Replies

  • 5.0 stars
    Braxton C. Braxton C. replied Sep 7th
    I don't know but Bush took action and Obama said he supported it and would do so himself so who does that leave to differ with them?
  • 4.0 stars
    Anthony B. Anthony B. replied Sep 7th
    It is mind blowing Julie.

    Do you think your government would bail you out if your business went down the drain??
  • tj h. tj h. replied Sep 7th
    Everything is fine. It's just a slow-down. These aren't the droids you're looking for ...
  • Bill F. Bill F. replied Sep 7th
    and we're only in the third inning of the game...
  • Trevor W. Trevor W. replied Sep 8th
    Gotta love corporate welfare. It's okay if we're buried under a mountain of medical bills for the rest of our lives because of a car accident. But if you practice willful corporate negligence there's a big old safety net for ya!
  • Adam C. Adam C. replied Sep 8th
    It's their own damn fault they fucked up... but unfortunately, without them, no one but the super rich, like McBush and his VPILF, could buy a house because virtually no private lenders are willing to make home loans.
  • Braxton C. Braxton C. replied Sep 8th
    http://www.bloomberg.c...

    ::shrugs:: The world is confusing.
  • Christopher M. Christopher M. replied Sep 8th
    We're not in a good place right now =/
  • Greg B. Greg B. replied Sep 24th
    You are so right. Our economy has been held up by nothing for most of the Bush regime, and look what happens when The People find out about it...

    Now all those Top 1% that keep 95% of our wealth just got government subsidies for their stealing.

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