Secretary can purchaseup to $700,000,000,000 in mortgages????

Current Events » in reply to And the bailout's fine print time bomb - it's ongoing.

Is that 7 TRILLION — 9/25/2008 11:26:07 AM (archived)

Looks to me like they want own the whole value of American mortgages (so they can trade them on the open markets no doubt). And then of course, completely crash our economy.

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And the bailout's fine print time bomb - it's ongoing. - Bowser - 9/25/2008 1:41:33 AM
- If the government promises to buy those bad loans... - ER - 9/25/2008 8:25:15 PM
- Secretary can purchaseup to $700,000,000,000 in mortgages???? - Is that 7 TRILLION - 9/25/2008 11:26:07 AM
  - seven hundred billion, or 0.7 trillion (n/t) - ARRELL - 9/25/2008 3:05:05 PM
- re: It's a complete disaster...Bush made such a wonderful speech - TAFKASE - 9/25/2008 9:37:28 AM
- "Bailout Could Deepen Crisis, CBO Chief Says" - Bowser - 9/25/2008 3:58:43 AM
  - The CBO has zero Credibility here... - TAFKASE - 9/25/2008 9:52:10 AM
    - And you have HOW much? (n/t) - Bowser - 9/25/2008 12:30:23 PM
      - In general its best to assume reality is the opposite of what scott claims.... - ARRELL - 9/26/2008 1:16:52 PM

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