The Fed gone Wild

[Guest]

Bear Stearns
Freddie Mac
Fannie Mae
AIG

and now this...

http://abcnews.go.com/Business/MarketTalk/wireStory?id=5829747

I thought the Republicans were all about free markets, ownership society, small government and no entitlements.

But that only applies to the little guy....

This is corporate socialism...Wall Steet got themselves into this but now they have their hands out and we are giving them more cash.
:22yikes::rant-rave::swear::cus:

[Guest]

We went to our financial adviser today an although he made us personally feel better, he did say he believes about 1000 institutions will go under. He has been conferencing all across the country for the last 4 days. Also mentioned this, and Citigroup. :shrug: