58 online
 
Most Popular Choices
Share on Facebook 2 Printer Friendly Page More Sharing
Best Web OpEds   

A $140 Billion I.O.U. - JOSHUA ROSNER

Quicklink Submitted By   No comments
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)
Fannie Mae and Freddie Mac owe the American taxpayer a huge debt. Why won't anybody in Washington demand our money back?

"Consider the elephant in the room: Fannie Mae and Freddie Mac owe American taxpayers nearly $140 billion -- and there seems to be no plan on any front to pay it back."
"Today, five years after the housing crisis began and well over a decade since lawmakers were made aware of the economic turmoil a failing Fannie and Freddie could wreak, it's time for the public to demand some answers.
"Maybe we won't get all of them. But we can start, at least, by posing two simple questions to every lawmaker within earshot: What are the plans to recover the $140 billion the American taxpayer is owed -- and when will we be paid back?"
Read the rest of the story HERE:

At www.nytimes.com
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Related Topic(s): Debt; Economic; Money; Questions, Add Tags
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend