http://www.freedomtalks.org/2008/03/19/risky-business/ The FreedomWorks blog dedicated to lower taxes and more freedom. Tue, 02 Dec 2008 04:15:54 +0000 http://wordpress.org/?v=2.6.3 http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78529 Sickle Wed, 19 Mar 2008 19:29:20 +0000 http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78529 As we well know, the taxpayer will likely be liable pretty soon. This is how taxpayer-funded bailouts start... As we well know, the taxpayer will likely be liable pretty soon. This is how taxpayer-funded bailouts start…

]]> http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78524 Chris Kinnan Wed, 19 Mar 2008 18:25:35 +0000 http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78524 The Bear Stearns case is a travesty, although the firm's equity was pretty much wiped out, so I'm not sure how much of a bailout there was. The problem is that the Federal Reserve is now taking toxic mortgage-backed junk on to its books. Right now its a 28 day loan but at some point the taxpayer may be liable. The Bear Stearns case is a travesty, although the firm’s equity was pretty much wiped out, so I’m not sure how much of a bailout there was. The problem is that the Federal Reserve is now taking toxic mortgage-backed junk on to its books. Right now its a 28 day loan but at some point the taxpayer may be liable.

]]> http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78517 Sickle Wed, 19 Mar 2008 17:22:32 +0000 http://www.freedomtalks.org/2008/03/19/risky-business/#comment-78517 Why don't you do a post about Bear Stearns? Look, once again we're pretty much in agreement on how bad the Fed's plan is. But, once again, you guys only scream bloody murder when the Government's trying to help out everyday homeowners. When millionaires are being saved with a government bailout such as in the case of Bear Stearns, you guys are silent, despite that being no worse a waste of taxpayer money. Why? Why don’t you do a post about Bear Stearns? Look, once again we’re pretty much in agreement on how bad the Fed’s plan is. But, once again, you guys only scream bloody murder when the Government’s trying to help out everyday homeowners. When millionaires are being saved with a government bailout such as in the case of Bear Stearns, you guys are silent, despite that being no worse a waste of taxpayer money. Why?

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