US Officials Considering a NEW Bailout for Fannie Mae and Freddie Mac - But It's Not Being Called That

Wow. Either the people at MSNBC are really thick, or they are completely complict in the scheme of Washington politicians to shield the public from the fact that the money already thrown to FM and FM hasn't saved those corrupt and unconstitutional entities. NOW, they want to avoid the term "bailout", and just "create a new bank" that will "buy" the bad asset-backed securities that the FMs own.

Incredible!

http://www.msnbc.msn.com/id/32309615/ns/business-washington_post

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