Archive for September 7th, 2008

I told you so

September 7, 2008

Fed takes over Fannie and Freddie

NEW YORK (CNNMoney.com) — Federal officials on Sunday unveiled an extraordinary takeover of Fannie Mae and Freddie Mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.

I TOLD YOU SO. Meet the failure of the dollar in a spectacular and scary way.

Buy hookers.