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Christmas Eve Taxpayers Massacre
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Published/Last Modified on Thursday, January 14, 2010 5:08 AM CST
The United States Department of Treasury wrote a blank check on December 24, 2009 to Fannie Mae and Freddie Mac removing the $ 400 Billion limit on how much money the Treasury could pour into the two failed mortgage companies. In total, the US taxpayers are on the hook for more than 2 trillion of bailouts of Fannie Mae & Freddie Mac. Just wait till our government takes over the health care debacle- Obama "promised" (again) that the health care reform will be DEFICIT NEUTRAL- Another Taxpayers Massacre. I would bet on it.
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Comments
everyonehasone wrote on Jan 17, 2010 2:16 PM:
How is it bad information? Are you saying they politicians did not remove the 400 billion limit? Are you saying all the papers, tv news and radio were misinformed? They also gave each of the 2 CEOs 6 million in cash bonuses, they couldn't give them stock options because the stock is worthless. Mr Obama himself ordered this for the good of the country. Theyare still making loans with only.035% down. The truth to all liberials is bad information. "
bob wrote on Jan 16, 2010 10:15 PM: