Saturday, May 19, 2012

No August Surprise, Just a Modern Day Jubilee Debt Collapse

March 6, 2010 by  
Filed under bad breath prevention

No August Surprise, Just a Modern Day Jubilee Debt Collapse
Markets were briefly in a tizzy last week because of the rumor the Obama Administration was poised to announce an August Surprise, supposedly the forgiveness of at least a portion of millions of mortgages held by Fannie Mae and Freddie Mac for underwater homeowners.

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