America Still Has Its Housing/Mortgage Disaster!

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This is the outcome of taxpayer bailout of banks

AND MCAIN VOWS TO MAKE IT WORSE

Those lousy Greeks/Europeans, how can they spend so much money propping up their failed economy and jobless cretins and mountains of bad debt? Don’t they have capitalist scruples or whatever?

Oh yeah, and America’s government-run mortgage hander-outer, Fannie Mae, needs another $8.4 billion to get through next week maybe, things have been sort of tough, what with the $11.5 billion loss just in the first quarter of this year.

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