You pick up a set of keys at the Post Office.
You wonder about the country until you find the house that fits your keys.
You live happily ever after, until it takes your keys next year!
Posted on 02/08/2011 7:38:28 PM PST by Nachum
President Obama will offer three plans to phase out the troubled home lending agencies Fannie Mae and Freddie Mac, an administration official said Tuesday night.
The plans range from a full government guarantee of the housing market to removing nearly all federal backstops for housing loans, said the official, who spoke on condition of anonymity.
The plans were first reported Tuesday night by The Wall Street Journal.
The list, ping
Let me know if you would like to be on or off the ping list
How about stop giving them money and declare them private businesses??
When companies don't feel the pain of their risk taking, they will take lots of foolish risks.
When companies don't feel the pain of their risk taking, they will take lots of foolish risks.
LOL
He’s gonna replace them with a Freddie Czar and a Franny Czar
If its not their money, their paycheck, their bonus, their pension... they don’t care about taking risks.
But the friends of Obama certainly are for a single national bank....
When individuals do have the pain of saving and being responsible day-in, day-out for their adult lifetimes, they might cease behaving foolishly.
But what is he planning to put in their place?
You pick up a set of keys at the Post Office.
You wonder about the country until you find the house that fits your keys.
You live happily ever after, until it takes your keys next year!
Well, he's damn near dismantled an entire country, so...
true that.
Lets try it with government.
My husband and I purposefully chose a modest house because we didn't want the other to struggle if something happened to one of us.
The "I've got to have it now" attitude is too much for me to take lately, especially when my tax dollars are footing the bill!
hopefully nothing
The Articles of Confederation look good to me right now.
Too many jackrabbits these days- the turtle used to win the race. At least that’s the story my mom read to me when I was a little kid.
That’s a pretty radical concept. Everyone but the fed has to live by it.
What hacks me off is that I can see printing money if the entire Western Hemisphere or more is in danger, like in WWII. These clowns have lived like this in the best of times...
“How about stop giving them money and declare them private businesses??”
They were private until Dubya decided that taxpayers should save them from going bankrupt.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.