"The second thing I like about the plan is that such action by Congress would take the form of a dollar limit-- here's how much we're willing to stake, and no more"
let's see....government representatives in the form of the head of treasury and the federal reserve have just stated unequivocally that they do not want to see these institutions fail and that they will stand behind their obligations. but you say the congress will adhere to the plan of limiting it's investment, if required. in other words if they need another infusion at some point down the road we'll just let em sink.
you should find a new drug. that crack you're smoking is ruining your mind.
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"The second thing I like about the plan is that such action by Congress would take the form of a dollar limit-- here's how much we're willing to stake, and no more"
Jul 14 18:11 pm
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All Comments by icandoitdon »Much to Like About the GSE Rescue [View article]
let's see....government representatives in the form of the head of treasury and the federal reserve have just stated unequivocally that they do not want to see these institutions fail and that they will stand behind their obligations. but you say the congress will adhere to the plan of limiting it's investment, if required. in other words if they need another infusion at some point down the road we'll just let em sink.
you should find a new drug. that crack you're smoking is ruining your mind.