The American Spectator : The Spectacle Blog : It's Only Money, Part XXXVIII

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It's Only Money, Part XXXVIII

By Doug Bandow on 5.14.09 @ 5:21AM

Don't worry, be happy.

Freddie Mac yesterday reported that it lost $10 billion in the first three months of the year, as investments in mortgages continued to fall in value at the federally run housing finance giant.

The disclosure automatically prompts a $6 billion investment from the Treasury Department to keep the company solvent, bringing Freddie Mac's bailout total to $51 billion in the first nine months of its government rescue.

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Pingback| 5.14.09 @ 5:40AM

It’s Only Money, Part XXXVIII | But As For Me links to this page. Here’s an excerpt:

It’s Only Money, Part XXXVIII | But As For Me TWITTER But As For

Pingback| 5.14.09 @ 7:20AM

The American Spectator : AmSpecBlog : It's Only Money, Part XXXVIII | Money Blog : 10 links to this page. Here’s an excerpt:

…states-rights, stumbleupon — admin @ 4:21 am Pingback| 5.14.09 @ 5:40AM. It’s Only Money , Part XXXVIII | But As For Me links to this page. Original post: The American Spectator : AmSpecBlog : It's Only Money, Part XXXVIII Leave a Reply Name (required) Mail (will not be published) (required) Website Tag Cloud accounting advertising archives article banking business credit currency trading…

Old Texican| 5.14.09 @ 7:58PM

Hi Doug
I am 63 years old. I have never experienced the fear and no-confidence in our future as I am hearing in these days.
Its not the money...it is the powergrabbing stupidity in Washington.
We are seriously in for a mess these next few years.