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Fannie/Freddie Meltdown

 
 
Reply Fri 11 Jul, 2008 02:51 pm
Thanks to McBush-Grammonoics. (Laissez-fairre unregulated markets)

Unfortunately, it doesn't matter who the next president is. This disaster that started with Reaganomics is finally coming home to roost.

All the king's horses and all the kings men can't put Humpty Dumpty together again.
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NickFun
 
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Reply Sun 13 Jul, 2008 05:11 pm
Agreed Roxxxy. I once did some voice over work for a man who sponsered seminars on getting rich off real estate. He preached "no credit or bad credit" and you could still buy real estate! He exploited the system and now all those people who trusted him have gone to the cleaners.
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