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The taxpayer will be gouged to provide unlimited handouts to delinquent borrowers. The woman at the Obama campaign rally who said Obama was going to pay her mortgage may be right.

Republicans need to talk about winding down the bailouts, including this one.

1 posted on 12/30/2009 7:09:37 AM PST by reaganaut1
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To: reaganaut1

‘Bondzilla’ must have been bound by chains, weighted by concrete, and cast into the depths of the Mariana Trench.


2 posted on 12/30/2009 7:22:24 AM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: reaganaut1

Yup.

My proposal would be to “clean up” both entities as much as possible, and then completely privatize them with only as much regulation and oversight as any other (pre-bailout) financial institution.


3 posted on 12/30/2009 7:46:12 AM PST by RockinRight (The sleeping giant has been awoken, and he's PISSED.)
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To: reaganaut1

Institutionalized corruption.


4 posted on 12/30/2009 7:48:38 AM PST by Hoodat (For the weapons of our warfare are mighty in God for pulling down strongholds.)
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To: reaganaut1

You don’t seem to get it.

After the mortgage induced financial crises almost caused the collapse of the entire US Financial system, it was clearly shown that the Demo Party encouraged Fanie and Freedie handouts of mortgages was the root cause.

Obama wants to continue. At ACORN Obama sued CITI to make sure there was no racial discrimination in handing out mortgages to people who couldn’t pay them, as PRESIDENT Obama continues to want to do the same thing.

The big picture is becoming obvious to the most casual observer, the radical liberals want to destroy the US by destroying the economy, what better way than poisoining the US Economy with rotten loans? It is a conspiracy.


5 posted on 12/30/2009 7:49:19 AM PST by politicianslie
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To: reaganaut1
Questions Surround Fannie, Freddie

The answer is:

Barney Frank.

What do I win? ; )

7 posted on 12/30/2009 10:16:59 AM PST by ravingnutter
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