Relevant:
- Freddie Mac and Fannie Mae Quick Fix Could Cost Taxpayers
- U.S. Prison Business: Privatize Profits, Socialize Losses
- The Financial Con Of The Decade Explained So Simply Even A Congressman Will Get It
- Consolidation America: Senator Corker Asserts Explicit Agency Debt Guarantee
- Here’s How to End the Credit Crisis at No Cost to Taxpayers
2008-09-08 — ml-implode.com
``Treasury should take this opportunity to wipe out all private interests in the companies and then wind them down over the next decade or so. Taxpayers should never have been put in a position to guarantee the majority of home loans. Now it appears they may stay in that position indefinitely.''
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