> RoMunn wrote: > That is a dodge. Fannie and Freddie were holding guarantees on more than > $500 billion in Alt-A mortgages as of 2007.
Here's the thing, we can argue the term "sub-prime" all day. The bottom line is, add it up. $500B Fine. Double it. $1T. Let's say they're ALL bad. So then $1T solves the problem right? NO! This problem is not caused by democrats and Fannie and Freddie. It makes a great bedtime fable, but it's just a fable. Derivatives caused the problem and it's possible on the order of $50 trillion. Bush has been captain of the ship for almost 10 years. Well, over 7. He crashed the ship. It's just the way it is. Now snap the fuck out of it. We're going to need some smart people to run this broken piece of shit that moron has left us. Stop being part of the problem and start being part of the solution. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271668 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
