Bubblesitter, still waiting for the evidence of that systemic crisis. Nobody has proven beyond a reasonable doubt that if FNM/FRE fail the financial world will collapse. All that you can reasonable show to this point is that if they do house prices will drop. Since its been pretty reasonably shown that increasing house prices were the enabling mechanism of the credit binge problem we now have, I would think that your support for the bailout would be retracted.
It ain’t contained, it ain’t subprime and it ain’t over. Not by a long shot.
