AND HOW MANY of the CEOs of these companies are DUES PAYING[i.e.bribe payers/takers]members of “THE BULLSH*T BUNCH”?As in...I’ll stroke yours if you stroke mine…

Eric L. - speaking of Treasury Secretary Henry Paulson Jr.  A John Paulson, Paulson not a long list in the telephone book, former employee of Bear Stearns made $3 billion in ‘07 and early ‘08 by shorting subprime mortgages.  Dots to follow?  I’ve no idea.

That said, there’s really only one solution to ‘too big to fail’ and it is no entity should be allowed to get that big.  What happened to trust busting?

Currency backed by bonds
Bonds backed by currency

What is it that all fiat currencies through out the history of the world have in common??

They all have failed.

And even now, The WaPo can not see it coming…

Many people hang on to the dollar’s value as some kind of religious belief…

Every moment the dollar is worth less,
soon it will be completely worthless

Fannie & Freddie are just another nail in the coffin.

Economically, y’all are riding the roller coaster from hell and the safety bar is broken.  The betrayal is nearly complete.  Welcome to the wasteland!

That sickening ‘body hitting the floor’ sound emanating from Babylon-on-the-Potomac, is the great Amerikan economy. Propped up, shaded red, over-extended, lied about, and bankrupt. Without “sound fiscal policy” and government regulation nonexistent, the system has been under assault by the profiteers for quite some time. Bye bye Ms. American Pie, you’ve been driven to the levee and raped brutally by Bush and Company and they’ve tossed you out their door and fanny first in the mud. Get it? “Fanny first”! The Amerikan taxpayer will of course, be expected to bail out yet another fine mess that George ‘boy king’ Bush has gotten us all into. Oh yeah, and Congress. Congress does hold the purse strings. Yeah, that is the theory.

Most macroeconomists that work with housing noted the shift into housing that took off after the collapse of the tech bubble. Housing, at least as far as the countries with longest mortgage records evidence (Denmark and the Netherlands), is an inflation-neutral investment. One feature of earlier housing construction was that people tried to build in the best locations. The latest building boom often involved poor or irrational locations far from jobs, requiring long commutes. Thus, the market-clearing that is talked about now is complicated by the fact that about half of America’s housing stock is wrongly-built in terms of energy intensity

“In Washington, Fannie and Freddie’s sprawling lobbying machine hired family and friends of politicians in their efforts to quickly sideline any regulations that might slow their growth or invite greater oversight of their business practices. Indeed, their rapid expansion was, at least in part, the result of such artful lobbying over the years.”
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People! If you want to identify your real enemies, just read the above paragraph from the original article, and give it a real thought!