To: TobagoJack who wrote (16273 ) 3/6/2002 2:34:29 AM From: Raymond Duray Read Replies (1) | Respond to of 74559 Howdy Jay, Re: whilly-nilly finance the war as well, even as a 1.5% loss for Fannie and Freddie will wipe out 100% of their tier 1 capital, calling for more savings or more debt. Now, ahem, fellah, this war is, ahem, not going to be, ahem, willy-nilly. Nor will it be shilly-shally, if Paul Wolfowitz and William Krystol have their way, but, not to get too distracted, ahem, from the case at hand, you seem to be engaged in some mystical mastication of mortgage madness having some bearing on militarism. Thus leaving a simpleton like me completely in your ziggy stardust. Come again? What's the rains upon Raines, and the unmitigated mitigation of Freddy Kreuger got to do with ferrunginous and carboncled polity, anahoo? Oh, sorry, got distracted. I meant actually to speak of foreign policy. Or what in America is how we politely say "who we gonna do next?" But I'm actually trying to get to my point (Mq and AC are sure I'm way beyond it, if not artificially blonded), but what pray tell is the connection that you see between a misstep by Fannie and Freddie and the reaction of those nasty sonsabitches at Fitch's, Moody's (boy isn't that an ironic name these days) and Standard and Poors (and whatever happened to Excellents and Above Averages anyway?). Well, I'm just a curious fellow. Mq and AC will attest to that. -Ray PS: I am just such a curious fella. I'm wondering what Li Ka Shing has done for you lately? Do you think that the PLA can actually make you whole on the GBLXQ bonds that you acquired earlier or do we need another Democratic Administration here to make thing right? Just curious. Yeah, I know. I'm notorious for it.