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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (437477)	12/1/2008 9:03:22 PM
From: tejek	Read Replies (2) \| Respond to of 1574711

Today’s gargantuan mess started largely because Washington used Fannie Mae and Freddie Mac to promote affordable housing Well, after the above statement, many of us knew enough to stop reading the article.

To: TimF who wrote (437477)	12/1/2008 10:22:28 PM
From: i-node	Read Replies (1) \| Respond to of 1574711

Tim I have to pretty much agree with the writer of the article. The further we get into the bailout the worse it looks. I was really on the fence about it when they did it because I really didn't know what the consequences of NOT doing it would be. But I was also concerned about them throwing money at the problem, which is what they inexplicably did with Katrina. I don't think there is anything we, the American people, could have done to stop it. It was going to happen no matter who complained about it. Personally, I think it is a bigger threat to Bush's legacy than anything that has happened over the last 8 years. It is interesting to me that on the 15 acres adjacent to my home builders began (last summer) building 60 houses. No lie. 1/4 acre each, listed between 150 and 200K. These guys are still building. Four or five at a time, but even more amazing, they're selling the hell out of them.