Another new word and another way out! How, do our so-
called over-educated-elected officials get into these messes?
How, with some 60 helpers can they sit and ignore these crisises?
We have three more headed our way and they are ignoring them
as well - Public Sector Pensions, Social Security & Illegal Aliens!
Hypo Real Estate tripped by funding strategy
Analysts have lost confidence in management, worry bailout insufficient
By Aude Lagorce, MarketWatch
LONDON (MarketWatch) -- Hypo Real Estate, the troubled commercial property lender rescued by the German government Sunday, is paying a hefty price for a risky funding strategy in Depfa, its public finance unit. Hypo Real Estate came close to collapse at the weekend after a 35 billion euro ($47.5 billion) aid plan was withdrawn, forcing the German government to engineer a new 50 billion-euro rescue. The government said it deemed the bank too big to fail.
These are the same people that control our 401ks, credit cards and auto loans. These people
have their fingers in everything America does! We need change, big change and it all starts in
Washington DC. These people there have been in bed with Communist, Terrorist and who
knows who else and they use OUR money to gamble with! They send billions over-seas to
places we never heard of and we receive nothing in return! Yes America is the most giving
nation in the world BUT since it is our money.....let us chose!