"Equality of opportunity is freedom, but equality of outcome is repression." ~ Dick Feagler
Stop Mortgage Investor Bailouts
Submitted by Melinda L. Secor on Sun, 2011-10-23 01:00
in
"It really is frustrating when banks, institutional investors, and hedge funds make money off of taxpayer bailouts of the financial industry. That’s a travesty well worth skipping a week’s worth of showers for. Unfortunately, we cannot roll back time to reverse the TARP bailout. We can, however, stop a bailout going on right now: taxpayer money flowing through Fannie Mae and Freddie Mac to mortgage investors to ensure they don’t suffer losses from families defaulting on mortgage payments."
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