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  tchef1 month, 2 weeks ago

  Once again the lesson is learned that if you screw up and act the government will bail you out.

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    antibrainwasher1 month, 2 weeks ago

    The do nothing but let the greedy mogul driven markets regulate themselves policy and republican (capitalism as a religion) policy is a total failure, trickel down is a disaster, reganeconomics is insane and a failure, giving the rich everything they want is unsustainable for a country.

    Republicans have no business in government. They are incapable of governing. They are incapable of regulation of their insane right wing militant megalomainics who would destroy the entire country economically, bankrupt us all, for the chance of enriching themselves.

    I have yet to see, read or hear ANY republican willing to admit this FACT.

    This last 8 years of economic redistribution to the rich rampant greed anti-socialist policy is leading to another great depression, and all the republicans are doing is calling for more of the same.

    Insanity is doing the same thing and expecting different results. Is there no end to the gullibility of republican voting non-millionaires?

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      DropkickaLib1 month, 2 weeks ago

      So you would let a chain of banks fail and destroy the mortgage market? That would be the result. No one could buy a house then.

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      uralldoomed1 month, 2 weeks ago

      You are wrong ~ sorry

      This began beyond 8 years ago . . American arrogance and apathy as people has put our nation in this position,it will get worse. With cries for "change" from a man who doesn't respect the country in which he lives, or has a clue to it's fundamental foundation on which it was founded, is beyond comprehension. Our country's loss of humility, honor, loyalty, and simple common sense, and a backbone to follow through, is what put us in this position. And no "change" is in sight. Republicans & Democrats alike, greed is within all, each have greedy moguls who profit. Each unable to admit to the facts above.

      Proverbs 15:6

      In the house of the righteous there is much treasure,

      But in the revenue of the wicked is trouble.

      Proverbs 15:16

      Better is a little with the fear of the LORD,

      Than great treasure with trouble.

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  Tcaros1 month, 2 weeks ago

  Haven't we had enough of the MACs? We are even tired of Bernie Mac!

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  skogan1 month, 2 weeks ago

  Let's help out these banks and start investing in these foreclosed homes .. great site with free pre/foreclosed addresses with actual street numbers http://www.foreclosurecraze.com/foreclosure-sea...

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  Cityslicker1 month, 2 weeks ago

  Rescue plan includes raising the price of Crude Oil to twice the current level to make Billions for bail out .

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    antibrainwasher1 month, 2 weeks ago

    The united states of republican Enron economics for the super rich.

    The super rich CEO's of the financial houses have made their hundreds of billions by scheming the markets, which is what Schumer was screaming about for years now, and have moved their hundreds hundreds of billions safely off shore, after raping the economy and causing this republican economic unregulated collapse.

    Its too little too late, the republican moguls have already made their nut, and they're GONE.

    Now, our children will shovel all the sh*t the republicans have left behind. Swiftboating Schumer is a nice touch.

    You want a sure bet? Can't lose bet? Bet that no republcian yellow bellied coward will denounce the reaganomics trickle down let the rich get richer by deregulation republican economic policies.

    Its an disaster, but republicans would rather die than admit a policy disaster. The cowards way out is to blame it on Schumer.

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      nostalgia1 month, 2 weeks ago

      Schumer is in this debacle up to his eyeballs:

      Even after Freddie Mac was shown to have manipulated earnings, Congress remained deadlocked over legislation to create a stronger regulator. Opposing one such bill in 2004, Sen. Charles E. Schumer (D-N.Y.) argued that a hostile regulator could use the proposed powers to choke the companies.

      When a federal regulator accused Fannie Mae of cooking its books to increase bonuses, lawmakers lined up to denounce the regulator. Rep. William L. Clay Jr. (D-Mo.) said a House panel had no business holding a hearing on the matter -- "unless this is truly a witch hunt." Fannie Mae was later found to have overstated profits by $6.3 billion.

      http://www.washingtonpost.com/wp-dyn/content/ar...

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      DropkickaLib1 month, 2 weeks ago

      Crazy rant...try upping your lithium dosage.

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        cleare1 month, 2 weeks ago

        if you can't see the sh*t right in front of you, you should lower your lithium dosage.

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    DropkickaLib1 month, 2 weeks ago

    China, India and the institutional speculators in the energy market are involved?

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  quackpot1 month, 2 weeks ago

  Inject another batch of newly printed dollars into the economy and watch the dollar sink to new lows. When Bush took office, a dollar bought a Euro. Now, you need over a dollar-and-a-half to buy a Euro.

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  hefaa11 month, 2 weeks ago

  The CEO's of these mortgage companies justify their enormous salaries and stock options by essentially stating, "we make the big money because we take all the risks". Bullsh!t, if the government bails your company/ shareholders out everytime you screw-up, there is no risk.

  This is an "Old Money," majority shareholder bail-out with taxpayer dollars. The rich can't lose either way.

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  Charlson1 month, 2 weeks ago

  Seems the mortgage companies get bailed out and the poor low to middle class homeowner gets screwed. The CEOs and other officers in these mortgage giants should have a reduction in pay to reflect their work performance and should not be afforded lavish benefits without experiencing the risk of down-sizing or monetary pains along side their employees.

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  RealEstateWiki1 month, 2 weeks ago

  Thanks for the find,I've been keeping up with the story and this is news to me. Everyone keeps going back and forth on whether or not to save fannie mae and freddie mac, what do you think?

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  SeGama1 month, 2 weeks ago

  This bail out will need huge amount of money; and the money will not come from heaven, but from hardworking taxpayers' money. Is it a good policy? You tell

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