What if the GSEs are too big to bail out? I think they are backing something like $4.6 trillion in mortgages. Just 10% of that amount would be about $500 billion. That’s another Iraq war. It’s amazing how many disasters Bush has presided over.
TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.
TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.
TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.
TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.
TheBreeze, I think a strong majority of voters is never, ever, too big a group to bail out. Only if a majority of Congressmen, all born with powerful political instincts finely honed over years of elections, all lose their political antennae at once, will that happen. Let’s see, nuclear war, asteroid impact… like I say, just not very likely.
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