Bush signs bill to socialize losses of Freddie & Fannie

ap.google.com — WASHINGTON ? Acting President George W. Bush on Wednesday signed a massive housing bill purported to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets.Included in the bill are provisions to increase the national debt limit by $800 Billion and to require all credit card transactions be reported to the IRS. Jul 30, 2008 View in Crawl 4