Fannie, Freddie & IndyMac

Click on the Title...will take you to the list of failing banks.

The Fed has taken over IndyMac and now they are bailing out Fannie Mae and Freddie Mac.

We, as a country, are already in debt up to our eyeballs, so where is the money going to come from to bail out these lenders? Hmmm....the taxpayers. FDIC, Paulson, and Bernanke assure us our money is safe. After all, FDIC insures your money UP TO $100,000.00. But will they really have the funds to cover you and me?

If you believe the mainstream media, then the answer is 'yes'. If you believe your politicians, and the Federal Reserve, again, 'yes'. But, what if they are not telling you the whole story? What if the financial stability of our country is far worse than they lead you to believe?

Due Diligence! Start with the link above, go from there. The warning signs have been staring us in the face for a long time. Unfortunately, the masses have continued with their head in the clouds. Time to wake up?

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