Thread: Your tax dollars at work

So the present administration (Obama) chops 33% off the losses reflected last year (Bush), and you think that's bad? Wow! Jim2B - Me thinks you're not including all of the bail out capital sunk into the company too. After you take that money into account, then the losses are much worse. And me thinks you forgot the "bail out capital" was from Bush - - making the Bush losses much worse.

And me thinks you forgot the "bail out capital" was from Bush - - making the Bush losses much worse. When was that capital dispersed?

http://online.wsj.com/article/SB1000142405274870440240457452... Last week, Fannie Mae posted a quarterly loss of $19.8 billion--which believe it or not was an improvement on the $29.4 billion that it lost a year earlier. Last quarter's results came with yet another request for government aid--$15 billion worth. That brings the total tab for Fannie and Freddie to $111 billion since they were put into conservatorship in September 2008. It...

And me thinks you forgot the "bail out capital" was from Bush - - making the Bush losses much worse. _______________________________ LMAO - that has been addressed so many times, you are either open to lying OR unable to process information that makes Obama look like Obama