Though it may actually be a good thing, it should still be noted that the nationalisation of Fannie and Freddie means all the higher-ups of those companies are going to get off with all the money they line out to themselves via salaries and bonuses and now handing the bill to the Fed. Nice...whatever.
This country has two economic platforms: Capitalism & Corruption (read: socialism for the rich) Bailouts at the top of society and the bottom. Though I'm sure the bottom still sucks. Female, poor, and need sympathy...just get pregnant; need some paid time off...just get fired and go get your check; old and out of shape?...ah whatever...
-thoughts and ideas
- ▼ September (10)