[Homestead] Another take on F&F

william Eggers wce1482 at yahoo.com
Sat Sep 13 14:23:52 EDT 2008


What everyone seems to forget about this bailout, is that it is not legal.  The constitution states that all moneys spent by the government must be authorized by congress and this money was not so authorized.

--- On Mon, 9/8/08, Don Bowen <don.bowen at earthlink.net> wrote:

From: Don Bowen <don.bowen at earthlink.net>
Subject: [Homestead] Another take on F&F
To: homestead at lists.ibiblio.org
Date: Monday, September 8, 2008, 7:50 AM

http://economistsview.typepad.com/economistsview/2008/09/paul-krugman--1.htm
l

 

"So yes, the Fannie-Freddie rescue was a good thing. But it takes place in
the context of a broader economic struggle - a struggle we seem to be
losing."

 

Don Bowen  KI6DIU

http://www.braingarage.com/Dons/Travels/journal/Journal.html

 

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