Rat in the Hat
Gold Member
- Mar 31, 2010
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The Fed said Thursday it would buy $40 billion of mortgage securities a month until the economy improves. It also pledged to extend super-low interest rates into 2015.
Hey Truthiepoo, why are you cheering this when you yourself said mortgage securities are "shit"?
We are growing you fool.
THAT is a fact.
the reason the crash happened is that the bbanks could write the shit assed loans and then DUMP them on an unsuspecting Mortgage securities market.
That was DONE ON PURPOSE BY BUSH