FNM/Fannie Mae......my eyes are on it and I've been watching it decline for some time now. I think thing's can get really ugly very quickly.....there are some real major accidents "waiting" to happen out there. I'm really very worried and scared about the US$ dollar. If FNM and GM need government bailout's someday the "ripple effect" through the economy can be disastrous for the US$. The government will "turn on" the printing presses to make everybody "whole" in the bailout. Throw those big messes on top of the terrible deficits now and what hope is there for this economy other than a complete "wipeout" and "starting over". It's happened recently in other countries with similar economic problems. Anybody remember or care to study what happened to Argentina's economy/government/currency 2 or 3 years ago?? Lot's of people were wiped out.
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