Freddie Mac Draws 30 Billion

by James & Miel on March 11, 2009 · 0 comments

Freddie Mac is asking Uncle Sam for more federal money. This time to the tune of over 30 billion dollars. Here.

Ho hum.

Unless there is more than a trillion dollars involved, its hard to get excited about bailouts these days.

On a side note, why do companies not have to live within their means and practice frugality (in order to attain profitability) while average Americans DO have to live within their means or face bankruptcy?

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