Monday, January 23, 2012

Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?

after Obama wrote them a blank check to cover any losses, even if it exceeds $400 billion?Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?Because the guys who screwed the pooch with Fannie and Freddie are the same guys who wrote the propose financial reform legislation.



Democrats need to grow a clue and figure out (or admit to themselves) that the people who screwed it up are a bad choice of people to fix it.Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?
The role housing plays in the economy; mainly.Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?Because Democrats don't really want to fix the economy.Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?
There have already been reports that the bill could be up to a trillion for taxpayers. And they won't even add Fannie and Freddie debt to the National debt either so I'm not surprised.Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?I'm sure we'll hear a lot of noise about how these aren't really in the financial industry. But the truth is that these organizations are run by the democrats and their sympathizers. And we can't do anything to torque off our base. Why, that would be making the "tough decision" and actually showing leadership. No chance we will ever see that out of BO.Why is there nothing in the proposed financial reform legislation to address Fannie Mae and Freddie Mac?
So that when Fannie Mae and Freddie Mac fail--again--then the banks who have bought into those programs will also fail and everyone will whine for another bailout.

No comments:

Post a Comment