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Politics : Welcome to Slider's Dugout

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From: RonMerks	11/20/2007 10:46:53 AM
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Here's the kicker with Fannie and Freddie- This quote seems almost unbelieveable: "Freddie Mac said Tuesday it is "seriously considering" cutting in half its dividend in the fourth quarter and has hired Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. as financial advisers to help it examine possible new ways of raising capital in the near future." Seeking help from Goldman Sachs- who's probably the #1 short of their stock right now. The same Goldman that did this to themselves: Goldman's Global Alpha May End 2007 Down $6 Billion (Update1) bloomberg.com Is it just me- or has the ENTIRE @#$^% FINANCIAL SYSTEM GONE NUTS!?!?! If Ron Paul is serious about being elected President- he needs to hold a National Press Conference TODAY on this meltdown of Freddie Mac and Fannie Mae. Carpe Diem Mr. Paul! Chances like this don't come around very often. Ron

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