[kev374]

Yes, the Fed will pay their mortgage but not in a direct way because it would be too obvious and infuriate many. They will buy Mortgage Backed Securities (similar to what they have done with Bear Stearns) and then those securities will fail and those losses will be dumped on the taxpayers. The mortgages will probably be discharged because the Fed isn’t in the foreclosure business.

[kev374]

Agreed that politicians are all the same, a bunch of liars who are only hand in glove with those that are greasing their palms.

[kev374]

Agreed that politicians are all the same, a bunch of liars who are only hand in glove with those that are greasing their palms.

[kev374]

Agreed that politicians are all the same, a bunch of liars who are only hand in glove with those that are greasing their palms.

[kev374]

Agreed that politicians are all the same, a bunch of liars who are only hand in glove with those that are greasing their palms.

[kev374]

Agreed that politicians are all the same, a bunch of liars who are only hand in glove with those that are greasing their palms.

[kev374]

Yes, but what I am saying is that does the Federal Reserve have the authority to do as it pleases with the economy, more specifically destroying our economy? I thought laws explicity state the role of the Federal Reserve.

Aren’t there laws that safeguard the interests of the economy?

[kev374]

Yes, but what I am saying is that does the Federal Reserve have the authority to do as it pleases with the economy, more specifically destroying our economy? I thought laws explicity state the role of the Federal Reserve.

Aren’t there laws that safeguard the interests of the economy?

[kev374]

Yes, but what I am saying is that does the Federal Reserve have the authority to do as it pleases with the economy, more specifically destroying our economy? I thought laws explicity state the role of the Federal Reserve.

Aren’t there laws that safeguard the interests of the economy?

[kev374]

Yes, but what I am saying is that does the Federal Reserve have the authority to do as it pleases with the economy, more specifically destroying our economy? I thought laws explicity state the role of the Federal Reserve.

Aren’t there laws that safeguard the interests of the economy?

[kev374]

Yes, but what I am saying is that does the Federal Reserve have the authority to do as it pleases with the economy, more specifically destroying our economy? I thought laws explicity state the role of the Federal Reserve.

Aren’t there laws that safeguard the interests of the economy?

[kev374]

As much as I dislike squandering so much for this senseless war I am more opposed to a bailout. So for me a democrat is out of the question as they will make this bailout happen and increase taxes on the upper middle class who are already penalized too much for doing the right thing

[kev374]

As much as I dislike squandering so much for this senseless war I am more opposed to a bailout. So for me a democrat is out of the question as they will make this bailout happen and increase taxes on the upper middle class who are already penalized too much for doing the right thing

[kev374]

As much as I dislike squandering so much for this senseless war I am more opposed to a bailout. So for me a democrat is out of the question as they will make this bailout happen and increase taxes on the upper middle class who are already penalized too much for doing the right thing

[kev374]

As much as I dislike squandering so much for this senseless war I am more opposed to a bailout. So for me a democrat is out of the question as they will make this bailout happen and increase taxes on the upper middle class who are already penalized too much for doing the right thing

[Author]

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