Saturday, February 27, 2010

More Money For Fannie!!

Here we go again people!!
After 10 straight quarterly losses - the American taxpayer is going to have to spend another 15.3 billion dollars to bail out Fannie again! In case you haven't been keeping a running total of how much they have siphoned from the American taxpayer (but I have) it is 76.2 billion - including this latest proposal.
Do all of you remember the amount of press the Wall Street executives have been getting for their huge 2009 bonuses? We are talking about bonuses for executives in the private sector of business....the guys that have share holders to answer to - has anyone forgot about this April 2009 article on Fannie and Freddie bonuses?
This one is even better. As I stated in the beginning of this posting - 10 straight quarterly losses!
Let us not forget about this December 2009 article on Fannie and Freddie bonuses?

In November let's fulfill "The One's" promise for change!

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