WIPEOUT: FANNIE AND FREDDIE

If the government bails out FANNIE and FREDDIE they MUST let the stock go to zero. We can't keep using government money and allowing shareholders to not lose everything. We have absolutely got to get back to allowing FREE MARKETS TO WORK. When you buy stock in a free market system---you know that you might lose all of your investment. If you don't you should not be investing. I think that Paulson made this bailout inevitable when he asked for the money---some such as PIMCO's Bill Gross wisely refused to invest their capital knowing that the government was most likely to step in shortly. I say lets hear the details so we can move forward---but BAILOUTS HAVE TO STOP AFTER THIS ONE.

I TAKE RISKS EVERY SINGLE DAY. I LOST A LOT OF MONEY MAKING RISKY INVESTMENTS THIS WEEK!!!! HEY HANK---COULD YOU SEND ME A CHECK? I REALLY DIDN'T MEAN TO LOSE THE MONEY. WHY ARE FANNIE AND FREDDIE SHAREHOLDERS ENTITLED TO MY TAX MONEY AND I AM NOT ENTITLED TO A CHECK????

So here is the deal. I must be stupid. I bought a car and a house I could afford. I only charge things on my credit cards that I have the money for. I pay off my cards every month and use them to get the cash back and for convenience. My family knows if we don't have the money---we don't make the purchase. We comparison shop and buy as many of the non-name brand products that we can find. And the sad thing is we pay our taxes and then go to the store and wait in line behind some lazy asses that are using their welfare card to buy NAME BRAND ITEMS. It is time for us to say ENOUGH IS ENOUGH. MORE LATER WHEN MY BLOOD PRESSURE GOES DOWN!!!