By the way, in case anyone here in the old USA wondered -- The Irish got truly SCREWED in this latest bailout. The banks are whole (sort of), the foreign bondholders are whole -- the average Irish citizen is totally SCREWED.
Imagine that, the general public, the average citizen, footing the bill for some bankers shenanigans.
Can you imagine that?
Why, that could NEVER happen in the USA -- could it?
The average citizen would NEVER be asked to foot the bill for a bunch of fraudsters -- would we?
We would never be asked to lose much of our social safety net -- like social security, medicare, medicaid, or unemployment insurance -- because a bunch of rich guys gambled away our economy -- would we?
Nah, never could happen -- especially with our "watchdog media" -- right?
Are you laughing yet?
Wednesday: GDP, Unemployment Claims, Durable Goods, Personal Income &
Outlays, Pending Home Sales
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Wednesday:
• At 7:00 AM ET, The Mortgage Banker...
13 hours ago
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