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#3 (permalink) |
Account Disabled
Join Date: Nov 2004
Location: Missouri, USA
Posts: 4,823
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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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