Dear Santa: Fannie would like unlimited funds, Freddie wants a biiiig bonus

[kayjayuu]

From the Washington Post:

The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary CongressThe Christmas Eve announcement

Comments

GOP meme-pimping out.

[squidb0i]

I love how every single exaggerated disappointment somehow signals the death of 'zomg hope and change'.

Re: GOP meme-pimping out.

[kayjayuu]

Nice. Sorry, I guess I linked a news story.

I'm not GOP. This isn't a meme.

I read the story, and thought it was apropos to this community.

It involves unlimited financial assistance from tax payers to mortgage companies who will not be paying back their gain in the foreseeable future.

Bonuses in the millions to executives.

Skirting congress.

Does it matter?

Every self propagating idea is a meme.

[squidb0i]

That's what the word means.

And in this instance, both the gullible left and the right entire are working this particular meme for all it's worth.

Re: Every self propagating idea is a meme.

[kayjayuu]

Which meme is that, then? What's the substance of it?

[theheretic]

Gee, I'm sure GLAD we have this particular President. Can't wait till his term is over.

[underlankers]

Wow. So this is a Democrat, eh? One wonders how President McCain would have handled this....