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No Government, No Force

Government Plans Seizure of Fannie and Freddie

The government informed the two mortgage-finance companies that it is preparing a plan to seize them and place them in a conservatorship, officials and executives said.

Striker:  Oh, c’mon, we all knew this was coming! This will take the national debt past 10 trillion. Aren’t we glad the we citizens will be taxed to pay the bills?

Striker later:  Well now it’s done, the idiots have done the worst they could imagine.  This begins a faster tumble down the hole where the dark age lies.

http://www.nytimes.com/2008/09/06/business/06fannie.html?ex=1378353600&en=f92e806ab9ffc88b&ei=5124&partner=digg&exprod=digg

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Updated: 19 Dec 2015 — 17:51:35
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