'Stealth' Housing Bailout: It's Bigger Than You Think

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LauraB




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http://www.cnbc.com/id/25851253
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This is a MUST READ! Steve Santelli at CNBC analyzed the potential costs to taxpayers of the housing bill. His conclusion:

"The numbers are staggering and likely to get much larger. What we have here is, through a variety of programs, a stealth bailout where more than a trillion dollars of taxpayer guarantees have been extended to the housing market, both to keep it going and to clean up the mess from the past. "

http://www.cnbc.com/id/25851253

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Created 18 weeks 3 days ago
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Sorry, I meant Steve

Sorry, I meant Steve Liesman. Since he's always arguing with Rick Santelli (my favorite).

Posted by LauraB on Fri, 07/25/2008 - 21:18
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