The media are starting to catch on

The San Francisco Chronic:

STIMULUS PLAN A SCAM TO BENEFIT THE RICH

Congress is about to sell us the biggest fraud in American history. [...]

As part of the [stimulus] bill, Congress is set to rush through an increase in the mortgage loan limits for Fannie Mae and Freddie Mac (and Federal Housing Administration insurance, too) - from $417,000 to $729,750 - the first step toward a massive financial disaster in which taxpayers will end up paying through the nose.


Something is happening here but you don't know what it is... or do you, Mr. Jones?

The usually clueless mainstream media is waking up to the fact that the government is about to start guaranteeing jumbo mortgages for fraudsters, bailing out Wall Street and setting itself up for a bailout that will make the S&L crisis look like a picnic.

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