US taxpayers bailing out Fanny Mae / Freddie Mac?

[jumperplight]

How can USA be so full of " S "
What a country, eh?
I am so done with this country and government.
SEWER COUNTRY!
please advise?

[mark s]

I Feel Your Anger

[fleshtone]

you should probably clarify why you think the bailout makes this a "sewer country". Otherwise, you'd run the risk of sounding like an idiot.

[Vince]

You do realize that not helping them would be a disasterous blow to the ecnonomy? Correct? That, just like in the Bear Sterns, near financially fatal incident...it would have been a catastrophe if the Fed had not helped them. Don't get so over board...the Fed isn't just handing out free meal tickets to any business that gets in trouble...they are doing what they are supposed to do and that is protect the economy.

[Melissa L]

What advice do you need here?
The government chose to offer additional credit or to buy shares from either company to keep them from folding. I, like millions of college grads (and drop-outs) have several student loans, so I greatly appreciate the governments assurances that these companies will not fold.

If you don't like the way the government is spending the money, move to Belize. No point in whining about it if you're not going to do anything to fight it.