Thursday, August 21, 2008

Chicken Feed!

The Chinese Sovereign Investment Fund (their Government) is said to have $2.7 Billion dollars invested in Fannie & Freddie and to them the exposure to potential loss is a concern.
The Portland areas control group (Governments & friends) want to build a $6.5 Billion dollar bridge and taxpayers shrug it off.
Hope they don't plan on borrowing that $6.5 Billion from the Chinese Government.

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