Who Would Have Thought…

…that we would have to prop up Fannie, Freddie and AIG at the same time?  There are so many interesting discussions going on around these actions.  Where do we draw the line?  What interest is really being protected by putting these scores of billions of Treasury dollars into these companies?  What would have been the result if we let one (or more) of them actually fail?  Where does the money come from to do this? Could we afford to not do it?

I haven’t even begun to think of all the questions.

Written by Bernstein- Burkley, P.C. on September 17, 2008

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