Baby boomers the real ‘Me’ generation
Oct. 8, 2008It only took hours to work out the bailouts of Fannie Mae and Freddie Mac - a deal that increased the national debt by $5 trillion. You, me and our unborn children now owe the world's lenders our own little piece of a $14 trillion debt, give or take a couple hundred billion. Here is the kicker: We didn't borrow a dime.