Comments on: Why You Should be Worried About the Rescue of Fannie Mae and Freddie Mac

By: Chingus Foot

Chingus Foot — Fri, 25 Jul 2008 05:32:46 +0000

We can bail out all the big wigs so that they don’t lose any money, but the poor SOB that loses his retirement because of the falling stock market or very low interest on Bank CD’s is SOL.

By: David

David — Fri, 25 Jul 2008 03:20:41 +0000

I have been investing in gold(heavy) and Euros(lightly) for over 4 years now.
Paying off my taxes(about $3000) this year then I am out of here.
National debt skyrocketing and people want to stay to pay the large taxes in the history
of the world?
No way.

By: Harold Thomas

Harold Thomas — Thu, 24 Jul 2008 19:28:51 +0000

An old saying goes that if you put 1000 chimps in a room with 1000 typewriters, eventually one will write Hamlet. The internet as a whole, and this discussion in particular, put the lie to that old saying.

Conspiracy theories, fears of a coming depression, class warfare!!!

Freddie and Fannie will survive without a bailout, unless the chicken littles in the media carry the day. This article does nothing to add to the discussion. Leave this sort of “huffing and puffing” to CNNs Lou Dobbs and those jerks over at MSNBC.

By: Tom

Tom — Thu, 24 Jul 2008 19:16:10 +0000

There are very bad things on the horizon for the average person in this country. In the next 3 years there will be no middle class it will only be the very rich and the very poor. I feel that they should let fanne may and freddie mac go down. I feel that the 18 and 12 million in pay checks should be paid back.

By: Greedom

Greedom — Thu, 24 Jul 2008 19:02:54 +0000

from a previous comment:

Comment by Ken Kesler

Jul 24th, 2008 at 11:49 am

Your article is right on point. My question is “Who will bail the taxpayers out?

Welcome to the United Socialists of America.

Ken Kesler

HA HA

indeed

and even worse – what if Abu Dhabi says “We don’t even WANT the US real estate anymore”

jk on that one

But it is true, when you buy a home today, you will pay mortgage AND you will also be paying at tax time to keep your FM^2 bailed out.

That’s like depositing in a bank on one hand, and paying bank robbers to go rob the bank with the interest you earned on the desposit.