I suggest the lending institutions have acted like a bunch of 3rd world hooligans with their lending practices and got themselves in a bind and now George W. Bush is going to bail them out with our tax dollars.
Could it be that taxpayers being foreclosed on could be bailing out these hooligans with their tax dollars? I believe the answer is yes. For the life of me I just can’t understand why the we put up with this. Where is the outrage???
The Fed has dumped so much money into this problem that we’ll be lucky if the dollar is worth anything when these folks get through propping up their pals.

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