Friday, July 11, 2008

Michael Shedlock: Paulson's Strong Fannie Policy, Fannie and Freddie Waterfalls Are Too Big to Bail

Chan Akya: And now, for Fannie and Freddie

Crunchy Con: Freddie Mac and Fannie Mae: Deadbeats

MG: An eternalMinsky moment, To hell in a currency basket

Paid-up card-carriers feel the pain US consumers are discovering that even fully paid-up card-carrying capitalists are no longer entitled to literally unlimited spending as the enfeebling tendrils of the subprime mortgage crisis spiral ever deeper into the country's economic structure. - Julian Delasantellis

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