OT: Emergency Buy Out

[Joshua Zeidner]

 Lisa,

   Clearly, nothing that has been suggested publicly thus far is at
all in the interests of the tax payer.

 -jmz



On Sun, Sep 28, 2008 at 12:43 PM, Lisa Kachold <lisakachold at obnosis.com> wrote:
> Wait?
>
> While Bush is clearly for privatization, let's flow chart the full "buyout"
> plan?
>
> Freddy Mac and Fanny Mae will be privatized, getting the Federal Government
> out of the housing market as they purchase the assets and redistribute it -
> under Paulson's touch.
>
> All this effectively buys out is the government requirements for those loans
> (and the FDIC effects that follow with failures of the housing markets)
> which they (and we and European and Asian Markets) clearly cannot afford
> [Laugh!].
>
> http://www.marketwatch.com/news/story/former-fdic-chairman-seidman-advocates/story.aspx?guid={B12D3012-96D0-41E4-B944-62D5EA5D7FA3}
>
>
>
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-- 
"I know not with what weapons World War III will be fought, but World
War IV will be fought with sticks and stones." --Albert Einstein

   - http://www.joshuazeidner.com/