Holy Shit... Gse Takeover May Cost Gov Aaa

Quote from robbie380:

the estimates are from barron's who has been dead right on this story the whole time.

Nah...it's bullshit..
this is a taxpayer fueled bailout and the losses, which will come closer to 1-2 trillion, will be paid for through socialized inflation..

Sure, your piece of shit house wont fall as much..
It'll just cost you 10 times as much to heat it
 
The reason why this is scary - is that groups like NAR will now be lobbying guys like Barney Frank to give a out greater quantities of cheap money.
 
Quote from PohPoh:

WTF Ivan..
this isn't worthy of shit shat...
GSE takeover may cost AAA?
Are you kidding?

well if you had any clue what was going on then you would know why.....
 
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