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The Infamous Bail-out Of Fannie and Freddie

This entry was posted on Tuesday, March 9th, 2010 at 2:31 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

25 Responses to “The Infamous Bail-out Of Fannie and Freddie”

  1. McCainThedivider on March 9th, 2010 at 3:08 am

    VoteBushfriendsoutof office. They are all doing what Jefferson Davis tried along time ago!

  2. CAN SOMEONE PLEASE TALK TO ME

    why cant i see the video VY

  3. you will c me soon!

    I miss you! yp

  4. BTW, I would not go and see the movie “W” if you payed me. The biggest fuck up in the world gets to have a movie made about him?

  5. freedomthinker > How about Phil Gramm and John McCain who brokered the removal of all regulations and oversight from the banks and mortgage lenders. You talk about redistribution; what about Bush and mcCain giving 5 trillion of OUR TAXPAYER DOLLARS to the 4% wealthy who does not need it or ask for it? BS, this is wealth redistribution to get the rich richer and poor poorer. Bring on the revolution, fuck these assholes that think they are God and fuck you!

  6. “Bail out bonds” Instead of the gov. using our tax money to mop up the wall street mess, the gov. should issue bonds that will allow American/foreign individuals&companies to participate in the bail-out BY CHOICE and see a return on their investment. Regulation! The gov should post-regulate, that is force predatory lenders to refinance the foreclosed mortgages at the initial interest rates the borrowers were able to pay in the 1st place and let them back into they’re homes. It’s only PAPERWORK!!

  7. Just because McCain says they are Obama’s “own people” doesn’t make it so. . .

    The GOP is against regulation, and that’s where the trouble started. I’m not blaming the GOP, I’m just saying they wouldn’t have avoided this.

    This has been a long time coming. Without proper regulation and oversight, people were bound to push it, see how far they could go. Well, we are all getting screwed over it.

  8. freedomthinker7 on March 9th, 2010 at 5:56 am

    Fannie and Freddie were looted by the Democrats. Obama’s own people Johnson and Raines took millions of money that should have been for the poor. The Dems consistently blocked any CHANGE the GOP offered. How ironic, so much for Marxist redistribution. No Eichmann/Bolshevicks, NObama08.

  9. The new world order is being imposed on you, weather or not you want it to. Governed by Rockfeller, Rothchild, CFR, Bilderberg.

    Its so currupt and minipulated that “THERE IS NO LAW THAT REQUIRES YOU TO PAY TAX IN USA!”
    Search google for ZEITGEIST THE MOVIE

    It’s unfair business, unfair stories, unfair explanations. Playing God, knowing their plans for us
    . Knowing where we are going, while we dont. It isnt nessesary, we dont need a new world
    order. WAKE THE **** UP and spread the word!

  10. Give the bailout money to those whose ‘subprime ‘debts are ‘the origin of the problem’ by paying off their mortgages;
    the banks get the money, get rid of their bad debts, many of the poorest families in the land get a foot-uo ,realty prices stablize , the extra disposable income of those families flows into the economy as savings or expenditures; this could be administered by teh feds; a conddition of the payments is the creditind of the same money to the above homebyers;
    COME ON GEORGE !!

  11. 1) this is bush taking advantage of a crisis (again) to push his fascist agenda. 700 billion at the complete discretion of 1 man. This makes our congress irrelevent. Watch congress will go along with it because they are weak and scared.
    2) as soon as the short ban is lifted in october, the money the government put into the market will be GONE! Never in history has government been able to manipulate the markets. Their cash goes straight to the hands of the shorters.

  12. But Clinton had us with a multi-billion dollar surplus, whereas the Republicans left us with a multi-trillion dollar debt.

  13. The problem is caused by democrats, republicans, alike. We have all lived beyond our means. Reagan, Bush, Clinton, Bush and whoever comes after. And all members of congress.

  14. The Democrats only had a majority of Congress during the last 1-3/4 out of 7-3/4 years. Why don’t you blame the Republicans who had a majority and controlled Congress for 6 out of last 7-3/4 years and THEY removed all the regulations and oversight to create fraud and subprime shoddy loans so they could get richer while 96% of Americans got poorer. GOP caused greed and gouging against majority of Americans and now we have to bail them out. Let the bastards fail & collapse then jump off bldgs

  15. zupf all of the deregulation acts were done in 200-2002 when the Gov’t was controlled by Republicans. Remember Phil Gramm? He brokered all these and McCain had his name on two of them. They were passes by the repub controlled congress then and signed into law by Bush. So how the hell do the Dems have any blame in this?
    Bail out: NOT THE TAXPAYERS! The fat cats like Bush’s gold ole boy Exxon Mobil CEO who got 400 mil last year should bail them out. They didn’t share when makin big profits

  16. The “blue states” gave us barney frank, dodd and schumer. I didn’t see those socialists speak out against the bailout. The dems run the Congress and marched lock-step with Bush’s plans, bailouts, Homeland Security, etc.

  17. It’s sad when corruption is expected in any government.

  18. LaRoucheisright on March 9th, 2010 at 10:08 am

    If LaRouche wins they will go to jail.

  19. I don’t even know why they’re bothering with all this bailout bullshit. The only thing that can help our economy is lowering gas prices. That’s the root cause of this whole mess in the first place; gas prices. When the price of gas goes up, the price of EVERYTHING goes up. That means the dollar has less buying power and then everybody is fucked.

  20. You can go back in history to see what got us here. What let it happen is NO REGULATION. Nope, our GOP friends don’t like that word. So to middle class America, it is your tax dollars at work here bailing out the rich. I hope everyone reading this has FINALLY had enough of this republican administration. Just watch c-span for 2 days and you will realize that bush and cheney should be in prison for the rest of their lives. General population/No regulation!

  21. This country is already in the midst of financial collaspe. Personally I have never seen anything like it in my 54 years on earth. The party is over and now we wake up with this tremendous hangover. Unemployment is spiking like never before alongside this mortgage meltdown. The next casualty will be the virtual collapse of Wall Street. All the while our political leaders tell us financial markets are on solid ground. . . I am not impressed!!

  22. dankeewolnir4042 on March 9th, 2010 at 10:58 am

    mostly true. . . but it is really the result of approx. 100yrs of our monetary system and the take over of world banks who run our leadership. the Bush admin. is just the perfect puppet system to gradually gain more control.

  23. moneymagnetelizabeth on March 9th, 2010 at 11:41 am

    It is the biggest ponzi mafia scam ever. They should all pay BIG TIME!

  24. how can we still be talking about “irresponsible leadership”? what we have in place is outright corruption at every level. it’s time to wake up people.

  25. Democrats and Republicans worked together on this bill. It was bipartisan, with more democrats than republicans voting for it.

    The economic problems are not the result of Bush’s 8 years. They are the result of 30+ years of irresponsible leadership from both parties.

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