The Democrats created this mess and it is the direct cause of America’s failing at this moment and we may never get over it. Go on youtube and look at all the Democrat hype,coverup and see the true cause of America’s demise.
Ultimately wind down? Why do these things still exist?!?! What is the matter with government? End them now!
By the way, the matter with government in this case, no doubt, is that Fannie and Freddy are padding someone’s bank account, and that and that alone is why they still exist.
Where will washed up Dem politicans go to get multi-million dollar bonuses?
Unfortunately, that can't happen until Obama is removed, and a true kick-ass conservative President and Attorney General go after them. Like Barney Frank, and all the Clinton appointees...such as Rahm Emmanuel.. for example.
1) The democrats caused the financial mess.
2) Democrat support and protection of Fannie and Freddie has been continuous, overwhelming, and without question. Ever.
3) Any message from this administration that says “It’s time to pull the plug on F and F” is a lie.
It is a lie because it flies in face of both the legislative history and hiring practices of the democrat party and the Obama administration. It is a lie because it contradicts every public statement made by the democrat party with regards to fannie and Freddie. Finally, it is a lie because it is coming from the the lyingest bunch of liars in the history of American government, and that is really saying something.
“Irish cottage prices at an all time low - coupled with attractive Dem incentives from Freddie and Fannie and it's a real estate win-win, let ME show you how.”
On the bright side, ending Fannie and Freddie will be the first useful step by the government since the Financial Crisis began over 2 Years ago.
Everything else they’ve done has been an unmitigated disaster.
Way past time for the Government to get out of the mortgage business.
"The sheeple have finally wised up to this government wealth redistribution scheme.We have milked it all we can.
It's time to create a new scam."
I’m sure whatever Obama replaces them with will be so much better and not cost the taxpayers a dime. After all, Oprah says he has a good heart.
I will believe it when Dodd and Frank are on national TV in orange jump suits and leg irons doing the perp walk.
Oh PLEASE!! They will be asking for BILLIONS MORE for Fannie and Freddie!! The REGIME says BOTH SIDES of EVERY ISSUE!!
Haven’t the house republicans moved to stop funding/bailouts for Fannie and Freddie...
While we are at it let’s close up tight the Department of Education. How much money $$$$$$$ are we paying via salaries and perks that could go directly to educating the students.
The eduation cirruculium needs to be decided locally. Imagine the Jewish schools of NY wanting to have their education cirruculum decided by the LDS of UT. Let’s get it back to local and let them spend the money appropriately.
Fannie and Freddie were fine until the CRA and Barney Frank got involved. I’d be fine with just going back to that.
Oh, and privatizing what’s left of those two organizations.
I have another idea too but I just posted it on another thread.
The problem I have with this is that since Obama is supporting it, I shudder to think what he plans to replace them with.
Perhaps a “Housing Redistribution Agency” or something...