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1 posted on 09/05/2008 6:22:40 PM PDT by John W
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To: John W

Socialism, pure and simple.

These institutions were run poorly, the managers taking risks knowing that the citizens would be forced to pay the bill for their recklessness.

GOP: party of fiscal responsibility? Dear God, when will this end? Time for conservatives to rise up. This is crazy. I’m tired of paying and paying for the greed and mistakes of others.


45 posted on 09/06/2008 10:54:44 AM PDT by VictoryGal (Never give up, never surrender!)
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To: John W

Very much like the present Federal government. Taking action to correct the problem it created.

Why is it the government never gets blamed for these failures?


47 posted on 09/06/2008 10:58:00 AM PDT by popdonnelly (Obama was not properly vetted.)
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To: John W

I have an idea. Why doesn’t the government stop forcing lenders to make risky loans? Why doesn’t the government encourage people to stop getting into debt over their heads? I guess it wouldn’t be “fair”.


49 posted on 09/06/2008 10:59:55 AM PDT by popdonnelly (Obama was not properly vetted.)
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To: John W

Right out of Hugo’s playbook?


52 posted on 09/06/2008 11:22:38 AM PDT by Third Order
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To: John W

Huh.

Ain’t that funny?

It was about a year ago we had all sorts of people on FR yelling about how the sub-prime debt problem was contained and wouldn’t spread. How it was being “overblown” and was a MSM fabrication to take down this wonderful Bush economy...

This must be a figment of the MSM’s imagination!


53 posted on 09/06/2008 11:23:51 AM PDT by NVDave
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To: John W

disgusting.


59 posted on 09/06/2008 3:21:20 PM PDT by Tempest (The devil and the media have sided with Obama)
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To: John W

A Clintonista fiasco ...


63 posted on 09/06/2008 4:17:05 PM PDT by dodger
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To: John W

And when all these bad mortagages and loans were being made the regulators were......where??

Pffft!


65 posted on 09/06/2008 5:29:00 PM PDT by prairiebreeze ( Our troops DESERVE BETTER than Barack Hussein Obama!!)
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To: John W

Great. Federal control means taxpayer bailout. Once again the taxpayer will fund the govt’s total incompetence.


66 posted on 09/06/2008 5:38:50 PM PDT by saganite (Obama is a political STD)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

Oh no, we’re doomed. (yawn)


71 posted on 09/06/2008 11:03:39 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/_______Profile hasn't been updated since Friday, May 30, 2008)
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To: nw_arizona_granny

PING


72 posted on 09/06/2008 11:12:07 PM PDT by DAVEY CROCKETT
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To: John W

compassionate conservatism strikes again!


73 posted on 09/06/2008 11:44:37 PM PDT by ari-freedom (We never hide from history. We make history!)
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To: John W

The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, and Freddie Mac are government sponsored enterprise of the United States. It is a stockholder-owned corporation authorized to make loans and loan guarantees. It props up the secondary mortgage loans. These two enterprises guarantee half of the 12 Trillion dollar mortgages. With out these two lenders there would be no loans for houses. The government can’t afford for these 2 mortgage lenders to go under.


75 posted on 09/07/2008 1:06:21 AM PDT by tallyhoe
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To: John W

Here’s the short version of where I stand on this thing.

http://www.youtube.com/watch?v=kJfUNWthglI


78 posted on 09/07/2008 9:38:18 AM PDT by Attention Surplus Disorder (Congrasites = Congressional parasites.)
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To: John W
Lest we forget, Fannie was under the "leadership" of Clinton cronie and incompetent/corrupt affirmative-action-appointed CEO Franklin Raines. Of course, the drive-bys aren't talking about that.
80 posted on 09/07/2008 3:17:39 PM PDT by clintonh8r (Fire mission!)
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To: John W

“...and use government funds to prop them up...”

GOVERNMENT FUNDS? That’s MY money! The GOVERNMENT doesn’t HAVE any money! It’s MY money they’re using to bail out these incompetent morons!!

Jeeze, Louise! WHEN are Americans going to WAKE UP to this cr@p? Enough!


82 posted on 09/07/2008 3:28:29 PM PDT by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: John W; Toddsterpatriot
This isn't the Armageddon that many on this thread are shouting. The Japanese stock market is up almost 300 points and US stock index futures are surging along with US bank stocks.
84 posted on 09/07/2008 6:29:37 PM PDT by groanup (The hypocrisy of feminism is out in the open now - thanks to Sarah Palin.)
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