Taxpayer funded bailouts continue

JPMorgan to buy Bear Stearns for $2/Share, with help from the Feds. Folks on top thought it would be ok to give out mortgages and credit/loans to people who couldn’t afford it. Now, we’re paying for the cockiness, greed, and stupidity of the elite.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s