So it's Fannie & Freddie today, what company will need a bailout tomorrow?

Question

I keep hearing this excuse that if these companies fail they will likely crash the economy, so what's the answer here... we keep giving them tax payer money everytime they fck up! This isn't capitalism and what a lousy excuse that is. Just months ago it was Bear Sterns, now it's Freddie Mac, who's the next screwed up company, that WE JUST CAN'T ALLOW to fail? You people are heading down a dangerous path by continuing to make excuses for this corrupt and dangerous economic system. How stable of an economy is it if every 5-6 months one company can take down the entire economic system?

Answer 1

Probably GM and/or Ford.

It always seems to be the case that dire economic failures occur on the Republican Administration's watch. Why do you think that is?

Answer 2

Ask Democrat Senator from New York, Chuck Schumer who he will target next.

Feds cite Schumer in collapse of IndyMac.

http://latimesblogs.latimes.com/laland/2...