September 8, 2008
The Facts
In an interview with CNBC of Europe today Jim Rogers said “America is more communist than China is right now. You can see that this is welfare of the rich, it is socialism for the rich; it’s just bailing out financial institutions”. Rogers went on to say “this is madness, this is [...]
Entries Tagged as 'Socialist Government'
After Fannie And Freddie, Some Think US Has Become A Socialist Nation For The Rich
September 8th, 2008 · No Comments · Wall Street
Tags: Banks & Bank Failures·Fannie Mae & Freddie Mac·Financial Bailout·Socialist Government
Fannie & Freddie A Shared Monopoly Backed By The Government
August 4th, 2008 · No Comments · The President
August 4, 2008
The Facts
Former National Economic Council Director and President George W. Bush’s former Assistant on Economic Policy Lawrence Lindsey, was interviewed on CNBC today. He talked about the recent bailout of Fannie Mae and Freddie Mac. He said the bill that Congress recently passed pretty much left Fannie and Freddie untouched, meaning they did [...]
Tags: Fannie Mae & Freddie Mac·Government·Socialist Government
