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Stock Market
1 Comments in Response to House OKs taxpayer bailout for Freddie, Fannie mortgage lenders
It is important to realize Fannie and Freddie are not strapped for cash, they are the holders of homes that are in default on payments. So in effect, the government -- your CONgressman -- is putting a gun to your head, robbing your earnings and passing it to these bad mortgage lenders to delay their inevitable foreclosures and taking back **QQ**their**QQ** houses. You are missing a bit more of your labor. Fannie and Freddie have a bit more of your labor. And in the end Fannie and Freddie -- who are actually the government -- have a whole pile of houses (property) back in their grasp. Bank robberies don**Q**t get any more pretty or well planned out than this --- sssssssssuckers!!!!