First they ignore you,
then they laugh at you,
then they fight you,
then you win.
P.S. Hey, America, ya got another trillion or so to bail out the lobbyist-and-executive-bonus-fueled, corruption-enabled, mortgage-fraud-powered debacle at Fannie and Freddie? I mean, who needed kids to be educated? Who needed new bridges and roads? Who needed food for the poor? Who needed health care? Who needed jobs? Who needed retirements?
WAKE UP AMERICA!!! Vote 'em all out. Every REIC corrupted pig in DC who let this happen. Democrat. Republican. It doesn't matter.
And think about what the trillion-plus for Fannie and Freddie, and the trillion-plus for the Iraq Debacle could have done for America.
Fannie and Freddie shares hit 18-year low
NEW YORK (Reuters) - Shares of Fannie Mae (NYSE:FNM - News) and Freddie Mac (NYSE:FRE - News) dove to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out shareholders of the two U.S. housing finance giants.
The two federally chartered companies own or guarantee almost half of all outstanding U.S. mortgages. The government is relying heavily on them to step up mortgage purchases and help stabilize the worst U.S. housing market since the Great Depression.