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Replies to post #14419 on Tsafi

Replies to #14419 on Tsafi

kevin252

09/08/08 8:47 AM

#14423 RE: popeyej #14419

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...