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melcharLet me get this straight - the Senate has added 150 BILLION more to the 700 billion 'Wall Street Welfare' bailout bill. Bwah?
So they added PORK and did NOT add re-regulation [they should do this FIRST] - so they're doing NOTHING to stop this from happening again;
They should BAN collateral debt obligations and adjustable rate mortgages. Plus they are explicitly going to allow FOREIGN interests to get bailed out, too. Anyone else feel sold down the river?
So they added PORK and did NOT add re-regulation [they should do this FIRST] - so they're doing NOTHING to stop this from happening again;
They should BAN collateral debt obligations and adjustable rate mortgages. Plus they are explicitly going to allow FOREIGN interests to get bailed out, too. Anyone else feel sold down the river?
no subject
Date: 2008-10-02 09:56 pm (UTC)ROFL
I just bought a chunk of Freddie Mac and some Fanny Mae as part of my "no mortgage banker left behind" program. I just hope I live long enough to see the price go up again.