Fucking Fannie

Does anyone else love this alliteration as much as I do? FUCKING FANNIE! It just rolls off the tongue. Equally as fun is Fucking Freddie but unfortunately it's not in the news today.

Fannie Mae is using some of the credit line the treasury offered it (i mean, why not it's there right?). I mean don't worry, the fact that they lost 14.8 billion in Q2 ' 09shouldn't come as much of a surprise to anyone. In the last 2 years they have lost over 100 BILLION dollars. And since billion is the new million it doesn't seem like that big of a number. I mean, it's just a couple extra zero's.

14,800,000,000 is 14.8 billion and 14,800,000 is 14.8 million. (I guess when it's written out it really is bigger ~ literally bigger.

So the next time someone tries telling you that the financial problems are behind us question them. Is it really over or do we just have the credit lines and tools in place to deal with the mind blowing losses. When the government no longer needs to hand out billion dollar checks then, maybe then will I consider this mess over.