Freddie Mac: "Hello Congress, we’re upside down and need money."
Congress: "Hello Securities Market, we’re going to need two trillion dollars."
Securities Market: "Hello Congress, we’re going to need 15% interest."
Congress: "Hello Freddie Mac, we don’t have the money."
Freddie Mac: "Hello Congress, we warned you about this, you should have raised our lending limits."
Wal Mart is still selling ammunition. Let the blame game begin:
"Freddie Mac Chief Warns of Recession"