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Old 09-17-2008, 10:26 AM   #3 (permalink)
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You might also recall that the Federal Reserve recently "bailed" (bought) out Fannie May and Freddie Mac as well, receiving a huge amount of shares of their stock in return for the "loan", thus becoming their chief share-holders as well.

Yay, the Federal Reserve own all the loan agencies. Wait, the Federal Reserve also sets the interest rates. Uh-oh.
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