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To: lwd
Russia proposed to China that the two nations should sell Fannie Mae and Freddie Mac bonds in 2008 to force the US government to bail out the giant mortgage-finance companies, former US Treasury secretary Hank Paulson has claimed.

Why? Because they recognized the instability of it and wanted us to straighten up before it damaged the economy of the whole world?

Those evil bastids! /s

6 posted on 01/29/2010 4:17:45 PM PST by TigersEye (It's the Marxism, stupid!)
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To: TigersEye

Well, Mr. Awesome Paulson also saved us from 25% unemployment by bailing out AIG.


13 posted on 01/29/2010 4:49:12 PM PST by Cheap_Hessian (I am the Grim FReeper.)
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