Only 25 Billion of our money may go to Freddie Mac and Fanny Mae.

Or maybe only 100 Billion.

But don’t you worry- There’s only a 5% chance of that happening, and only a 50% chance of all tax payers having to fork over $192 each in order to ensure that the companies can continue profiting off of us. Maybe my math is wrong, and maybe there are more that would pay  (300 million Americans).

Don’t be so angry. This can only help us in the long term. Just remember, it’s only $83 from each of us. Consider it an investment for your kids. You don’t want your children having to pay UNDER inflated home mortgage rates do you?

http://money.cnn.com/2008/07/22/news/economy/cbo_gse_rescue_costestim/?postversion=2008072216

Update: It’s now “up to” 300 Billion. What is an extra zero really?

http://money.cnn.com/2008/07/23/news/economy/housing_bill/index.htm?postversion=2008072309&eref=rss_topstories