View Single Post
  #7 (permalink)  
Old 01-30-2009, 11:22 AM
J. T. Toad's Avatar
J. T. Toad J. T. Toad is offline
Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jun 2002
Location: Fresno, CA
Cobra Make, Engine: Classic Roadsters, 351W -> 392
Posts: 1,086
Not Ranked     
Default

Quote:
Originally Posted by 427 S/O View Post
Correct me if I'm wrong, when fed. mac, fan. mae and the investment banks got billions. Was it not for failed mortgages?.
If this question was towards me....

The public was certainly "told" it was for the failed mortgages.

I repeat.

This is just what the taxpayer deserves for allowing social engineering to manipulate a "free-market" system.
__________________
"Smooth seas do not skillful sailors make"

"If you can read this, thank a teacher....and since it's in English, thank a soldier."
Reply With Quote