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2008-09-18 Home Front Economy

Stocks surge on report of entity for bad debt - Did Petraeus Xfer to Wall ST?

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Posted by GolfBravoUSMC 2008-09-18 15:51|| || Front Page|| [4 views ] Top

#1 ...after a report that the federal government is considering creation of a repository for banks' bad debt.

aka The American Taxpayer/Worker.

Posted by Procopius2k 2008-09-18 16:28|| 2008-09-18 16:28|| Front Page Top

#2 McCain wanted this regulatory entity built in ***2006*** to supervise Fanny May and Freddie Mac. Obama did nto stand up and pass it - he instead took lobby money - and his economic advisors now awarded themselves 10's of millions in bonuses while they let FM/FM into collapse.

Someone has to pin Obama to the wall for his people screwing us, the taxpayers, while they got rich and funded Obama's campaign.

Posted by OldSpook 2008-09-18 18:58|| 2008-09-18 18:58|| Front Page Top

#3 creation of a repository for banks' bad debt I don't think the feds have enough zeros to make one big enough.

Posted by Anguper Hupomosing9418 2008-09-18 20:02|| 2008-09-18 20:02|| Front Page Top