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John R. Carroll[_2_] John R. Carroll[_2_] is offline
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Default OT-Taxpayer Surprise.

cavelamb himself wrote:
John R. Carroll wrote:
cavelamb himself wrote:

azotic wrote:

It appears the american taxpayer will subsidize the risks taken by
sophisticated investors.




http://www.reuters.com/article/press...008+BW20080711

Since we have a free market Freddie Mac and Fannie Mae should be
allowed to go broke.
New entities will arrise to fill the vacume left by Freddie Mac and
Fannie Mae in the mortgage
market.


Best Regards


Which brings us back to the stick of gum or loaf of bread...


Gum that you don't have the disposable income to buy and bread that you
won't interested. You will be out looking for flour, yeast and baking powder
Rich.

--

John R. Carroll
www.machiningsolution.com