So in one week, the DOW Jones drops, unemployment rises to 5-year high, and Fannie & Freddie are being taken over by the Feds at a loss for shareholders. Did you hear any of this at the RNC? Not to mention how Gustav reminded us all about the failures of Katrina 3 years later.
The Fannie and Freddie situation are classically Republican: Privatize the gains, socialize the losses. Taxpayers are footing that crisis. The news was released after the convention was over on a Friday, nice timing.
Showing posts with label Republicans. Show all posts
Showing posts with label Republicans. Show all posts
Saturday, September 06, 2008
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