Posted by
Kel-C on Friday, July 11, 2008 10:33:36 AM
Another bailout for the subprime market, this time of Freddie Mac / Fannie Mae. Another "too big to fail" excuse. Just yesterday, the senate moved closer to the bailout of Sen. Dodd's friends Countrywide.
I'm sure the Dow being down 180 points already and oil soaring to $147 this morning have nothing to do with it. Maybe we can get the government to bail out the markets. Oh, wait, Pelosi already wants to do that.