While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Timothy “Turbo Tax” Geithner, secretary of the treasury, announces the extension of an unlimited credit line to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (a.k.a. “Fannie Mae” and “Freddie Mac”).  The two insolvent Federal sponsored enterprises previously had a 200,000,000,000 “dollar” credit line.

       NOTE: Just hours before both Fannie Mae and Freddie Mac announced that their chief executives would be paid over 5,000,000 “dollars” for the year now concluding–Merry Christmas!

       [added 2/22/2022] Thanks to Freedom’s Phoenix for this entry.

Subsequent Events:

2/5/2010                   2/17/2010                  2/26/2010

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Treasury uncaps credit line for Fannie, Freddie | Reuters
www.reuters.com/article/idUSTRE5BN2ZI20091224

Treasury removes cap for Fannie and Freddie aid – washingtonpost.com
www.washingtonpost.com/wp-dyn/content/article/2009/12/24/AR2009122400996/_2.html/?wprss=rss_business/localbusiness

Wikipedia says Obama born in Kenya
www.wnd.com/index.php?fa=PAGE.view&pageId=103810

“Uncle Sam’s Flag of 37 Stars,” by Tom Caldwell and Jim Lorenz
ccc-2point0.com/uncle-sams-flag-of-37-stars/

Current U.s. National Debt:

$36,167,124,467,492

Source