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Re: popeyej post# 14419

Monday, 09/08/2008 8:47:22 AM

Monday, September 08, 2008 8:47:22 AM

Post# of 15261
I have to admit I'm a little surprised that the markets are responding so favorably this morning to the government takeover of Fannie and Freddie. Obviously they aren't thinking about the long-term implications of such an action; for example, how does burdening the taxpayers by hundreds of billions of more dollars help the economy? I must be missing something here...
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