skippy the bush kangaroo

Friday, October 03, 2008

if they can bail out the wallstreet guys and gals

they should bail out one of the states, right?
california gov. arnold schwarzenegger, alarmed by the ongoing national financial crisis, warned treasury secretary henry m. paulson on thursday that the state might need an emergency loan of as much as $7 billion from the federal government within weeks. - latte times
whats a billion here...a billion there. besides, if washington doesn't have the excess funds to help with it's own citizenry, perhaps we could get a loan from the iraqis. they have a surplus of funds

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posted by Cookie Jill at 6:58 AM |

1 Comments:

Wall Street didn't cause this mess. It was the poor management of Freddie and Fannie. People like Mudd, Gorelick, Franklin Raines, and James A. Johnson pirated Freddie Mae. In the 80's Freddie almost went out of business from investments in mortgage backed securities and investments in real estate. nomedals.blogspot.com
commented by Blogger Avatar, 10:55 AM PDT  

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