"Dave" wrote in message
...
On Sun, 7 Sep 2008 10:13:23 -0700, "Capt. JG"
said:

Breaking news.... U.S. Treasury secretary announces plan to take over
troubled mortgage giants Fannie Mae and Freddie Mac.

Lessee. Are those the same Fannie Mae and Freddie Mac that Jim Shumer was
urging to buy more and more mortgages to "solve" the problem? The same
ones
that the WSJ has for years been saying have had accounting issues and are
shaky? The same ones that have been making Chris Dodd, John Kerry, Barack
Obama and Hillary Clinton their top recipients of campaign contributions
over the last 19 years? Are those the ones?

Both should have been put out of their misery years ago by requiring them
to
sell off their assets to truly privately owned enterprises with no guvmint
guarantees, explicit or implicit.


They've been solvent and working until recently. Now they're not. Perhaps
you can blame Obama if you really try. After all, he was in the Illinois
Legislature and was a community organizer while Bushco was in the WH and the
Republicans controlled Congress.

--
"j" ganz @@
www.sailnow.com