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Old 09-18-2008, 10:25 PM   #11 (permalink)
[MERIT]
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Join Date: Nov 2004
Location: Missouri, USA
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Quote:
Originally Posted by sleepy jack View Post
Hey hey, it wasn't a bail out. President Bush already said they don't bail out private enterprises...and later when when the government announced its looking for congressional authority for an undisclosed financial portion to guarantee Frannie May and Freddie Mac's liquidity Bush later told us, despite that sounding like a bail out it's not a bail out. It's a line of credit for these institutions if needed. So shut up oojay, it's under control and is not a bail out.
Of course it's not a "bail out", nor is it a "buy out." Receiving goods or services (like shares of stock for exapmple) for money that you give a company in no way constitues a purchase.
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