Wednesday, September 10, 2008

Joe Public holding the bag again!

Federal bailout! Not! Just us tax payers. Didn't this happen before with Savings & Loan
bailout. Investors losing money.Joe public pays for it again.

We haven't hit bottom yet. More people losing their homes. Wasn't the bailout suppose to help
home owners? Greed brought this on and homeowners were a part .

Lets see if the regulators can correct the problem.

Question? Where are the indictments? Billions are being lost. Enron was tiny compared to
Freddie Mac and Fannie Mae losses.