Current score:
- Our mortgage is now owned by the government (Freddie Mac)
- Our life insurance is now owned by the government (AIG)
- Our bank has been seized by federal regulators (Washington Mutual)
Also, our local US Congressman, Darryl Issa, is one of the dinosaurs preventing passage of any form of Rescue Plan. No, not just nit-picking the Paulson Plan. He doesn’t want government money going to Wall Street at all.
Please note: for normal day-to-day life, these changes don’t effect us at all.