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The lack of attention to this thread seems to bear witness to what i've been saying all along: American's are becoming desensitized to big government spending and the word "trillion." This term alone should spark a rebellion, but unfortunately Washington has made clear that it has no intent in reigning in Big Government. Accordingly, the preponderance of "a trillion here, a trillion there" has the people only marginally concerned. If nothing else, this is a reason to celebrate the ideals of the Tea Party. At least they're able to keep some semblence of a discussion on Big Spending in the headlines.
The lack of attention to this thread seems to bear witness to what i've been saying all along: American's are becoming desensitized to big government spending and the word "trillion." This term alone should spark a rebellion, but unfortunately Washington has made clear that it has no intent in reigning in Big Government, and the people are only marginally concerned due to the preponderance of "a trillion here, a trillion there" that we here all too often these days.
It's disturbing and dangerous.
Agreed. Some don't even care where the money came from...
In a time when Americans need to curb spending, our President, Congress, and the White House keep on spending like it's going out of style. That's a real nice example they're setting.
Well trillion got my attention, obviously. I mean it really did. I knew Fannie and Freddie were in trouble but not to this extent. Even the low end estimate of $200 billion is mind blowing. And since trillion was not included in the budget, what then?
What would happen if we let them fail? Since they are not the main mortgage holders so what? I am sure someone on here could answer that.
I am just a simple peon in this country who got very excited when she got a $50.00 bonus at Christmas. Went right out and helped the economy by spending it on myself.
There liability USED to be only 200 billion... and then Obama told them to buy every bad debt from private companies at extremely high prices... guess what happened... it ballooned to 1 trillion... if Obama said stop buying bad debt at bad prices, it would of stayed at 200 billion... but then the people who don't pay their bills wouldn't be able to keep their house an extra few months... too bad it cost almost a trillion to do so...
I bought a foreclosed Freddie Mac . The US government ate 65 grand ( small house ) thank you everyone who pays taxes .
BTY- The people left the house in great condition . Not all people wreck the place on the way out . I'm sorry they lost the house , they had been gone over a year when I bought it .
They bought a brand new house , if not for Freddie they would have had to settle for a house the could afford.
Wow. This just makes me sick. And there aren't too many options with this.
Hey but let's make sure we spend all our energies on Fin reg for Wall street!
Politicians simply cannot get anything right!
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