Where does the money come from for the Goverment buying of bad mortgages?
Half a trillion dollars is a considerable amount of money. Will taxes go up? What will be cut? Who are we borrowing from? Why are we investing in the bad loans that caused the mess?
yahoo/ap article did not follow the money trail.
Tags: Buying, Come, From, Goverment, Money, Mortgages
They print it out of thin air, thus continuing to dilute the value of the dollar.
The money comes from your Govt. going deeper into debt and devaluing your currency. U.S. should stop trying to run the world and start trying to put it’s own house in order !
The money comes from TAXPAYERS!