S&P said a scenario whereby Fannie & Freddie are insolvent is unlikely, but that the mere possibility of failure at either is a greater threat to the economy than the actual collapse of any investment bank. The report went so far as to say that a govt bailout of either could force the agency to lower its rating on the creditworthiness of U.S. (!!)
read more | digg story
In this blog I will document America's decent into Fascism as it happens.
Subscribe to:
Post Comments (Atom)
6-21-2026
Trump threatens to charge U.S. tolls in Strait of Hormuz if final Iran deal not reached in 60 days Delaying clean energy is what really make...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm...
-
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment