Freddie Mac Fannie May...They Are Back!  

Welcome to Politics 2009 in America!!
I hope this is not going to keep going!! Money is just being tossed around like crazy, but I have yet to see one actual, regular American benefit. According to the Congressional Budget Office, workers for FM/FM are getting $210 Billion in bonuses. It was announced last week...very very quietly. That is pretty funny, in a sad sort of way. I wonder if the government is really going to take over banks...it is kind of scary, considering Congress' rather poor track record of handling money. Wasn't there somewhere around $82 Billion dollars in bounced/bad checks? Apparently they were loan payments or something? Geesh...if I did that I would be in serious trouble!! I think it was 1991.
But seriously...Fannie and Freddie have cooked the books worse than Enron did, and they are somehow safe. And now they are getting BONUSES. They are being rewarded. Although, Franklin Raines did manage to get a nifty early retirement right when the SEC came in. Ken Lay should have thought of that tactic.Ken lay got punished...2 million bucks worth of punishment. Well not really, since WE paid for the INSURANCE that covered his behind. So, he didn't even lose the 2 mil.
A little more current would be: hmmm, let's see: stimulus cash for Bill Gates. Microsoft wants a bridge to connect two buildings, so, I guess that is somehow important. For them.
I think I'll go back to star gazing!