Democrat SCAM (in their own words) FreddyMac Fannie Mae

[Tom_Turner]

Enjoy... the usual suspects...

[Tom_Turner]

Phil Gramm & company aside, this shows that the Pelosi rant of a few days ago is one of the most breathtakingly audacious lies of many a decade...but that's apparently not
of much interest to abc/cbs/nbc/nytimes, etc. Incredible, Much worse to come, potentially....

[bonanzabucks]

I was reading in the Post a few days ago that China and Japan really pushed Bush to save Freddie Mac and Fannie Mae. Why? Because they had investments there and would lose it all if those two went under. Supposedly, they threatened to get rid of all their treasuries, which would have been disastrous. If this is true, then we no longer have control over our economy. Scary thought. It's rumored that China and Japan are really pushing for this bail out plan too. Sad thing is that we might have to listen to them from now on.

[Tom_Turner]

Yes, I believe that is true. Once the US Taxpayer takes this on, it will mean more borrowing from China etc....to pay for goods made there. As more investment (from "our" banks) goes there to make the goods, etc.. Oh well... don't worry, be happy...

[Tom_Turner]

Bonanza --

http://www.cnbc.com/id/15840232?video=873682522

Check out two minutes & five minutes for the interesting stuff from the bald guy.

[bonanzabucks]

Which bald guy? lol

What's really scary about taking on China's debt is that we really might not have much choice since they're holding a lot of ours. They're pulling our strings now.

As for the loud bald guy, Larry Kudlow, he's a former coke addict. 'Nuff said. He's just a loudmouth and nothing more. His show is entertaining, though.