Comments on: Freddie and Fannie Bailout Doubles National Debt http://www.ernharth.com/vi/2008/07/22/freddie-and-fannie-bailout-doubles-national-debt/ Don't Be a Fall Guy Thu, 08 Jan 2009 11:59:05 +0000 http://wordpress.org/?v=2.6.2 By: Mike Landfair http://www.ernharth.com/vi/2008/07/22/freddie-and-fannie-bailout-doubles-national-debt/#comment-45268 Mike Landfair Thu, 24 Jul 2008 06:38:39 +0000 http://www.ernharth.com/vi/?p=1675#comment-45268 JE, excellent interview. Thanks for sharing this with us. Iam a little fuzzy on Rogers figures: 5 Trillion doubling to 10 Trillion. I thought we already owed almost 10 Trillion before the GSEs??? Rogersis exactly right to be exasperated with questions. The news people can't contemplate this kind of failure. We have an economic system where we have taken away the risk of failure for allbut the little guys. JE, excellent interview. Thanks for sharing this with us. Iam a little fuzzy on Rogers figures: 5 Trillion doubling to 10 Trillion. I thought we already owed almost 10 Trillion before the GSEs???

Rogersis exactly right to be exasperated with questions. The news people can’t contemplate this kind of failure. We have an economic system where we have taken away the risk of failure for allbut the little guys.

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