With news that the U.S. Treasury is getting the go-ahead to use billions of federal dollars to guarantee the debts held by Freddie Mac and Fannie Mae, many Americans can't help but wonder, "What's so damn special about those two companies? I have debt too. How can I get the government to shore up my debt?"
It's not that hard. The problem with most Americans is that no matter how hard they try with their credit cards, student loans, and mortgages it can be hard to rack up more than $60,000 or $70,000 in debt, which the government thinks is small potatoes. If you want to make sure the government uses tax dollars to pay off your debt, you gotta spend big!
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