Recap of Q4 U.S. Government Investments this past week

Yes Amercia, our best and brightest representatives and government officials continue to display their MENSA like qualities with respect to fiancial matters.

This week produced the following results from the U.S. Government investment (a.k.a. takeover) in 3 entities. The fact that Geithner has a job, Bernanke is reappointed for another 4 years and the fact we do not yet have a draft of financial reform is simply astonishing. ROME IS BURNING!

$8.87 billion LOSS AIG
$6.47 billion LOSS Freddie Mac
$16.32 billion LOSSFannie Mae

$31.66 BILLION LOSS total (accounting gimmicks not yet revealed)