Liberty Reborn

Rejoice taxpayers! You are getting hosed again! All for the good of the Fatherland of course …

WASHINGTON (AP) — A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said Tuesday, as lawmakers put finishing touches on legislation that would tap the troubled mortgage giants’ profits to help save homeowners from foreclosure.

Any news about when we will be getting a card in the mail thanking us for keeping all the deadbeats and reprobates afloat?

This entry was posted on Monday, July 28th, 2008 at 2:35 pm and is filed under J.J. Jackson's Daily Opinion. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.