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[DSanner106 AT aol.com]

Yeah, I saw an interview with Warren Buffett this morning and he was very  
positive on this move. The investors will get hit with lower dividends, but  
other than that he says it was the right thing to do. The govt. is actually  
buying in and will hold 1 billion in prefferred stock to start, so they are 
not  
just printing money to fill in the pit. They will have stock they can sell 
and  
recover the investment from later.

D
 
 
In a message dated 9/8/2008 8:50:35 A.M. Eastern Daylight Time,  
don.bowen AT earthlink.net writes:

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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