Monday, July 14, 2008

Nothing to see here

I was watching Sen. Chris Dodd this morning on some news show saying that the two giant financial institutions, Fannie Mae and Freddie Mac, are financially sound even though the federal government is stepping in and guaranteeing investors money in those institutions. Reminds me of a cop standing in front of a burning fireworks factory telling the gathering crowd to 'please disperse, nothing to see here'.