Posted: February 20, 2011 Filed under: Uncategorized | Tags: bailouts, debt, economy, fannie mae, freddie mac, government run business, housing
As documented on zreport, the bailout of these companies will cost taxpayers from $153 billion to $1 trillion.
Do you, the taxpayer, think it is right for you to have to subsidize their horrendous business practices?
You, who may only be paying rent or perhaps struggling to pay your own mortgage, are having to pay for other peoples’ mortgages and for the incompetent executive salaries and bonuses at these companies!
click to read why Fannie and Freddie should be shut down forever
click to read another analysis leading to the same result
Posted: February 17, 2011 Filed under: Uncategorized | Tags: economy, housing
Home ownership is now at its lowest level since 1998, and an amazing 11% of all US homes are now vacant!
click here for full story