Fannie, Freddie Rescue Pushes Housing Aid

[accemekun]

Our once great nation has been overthrown by communists right in front of our eyes.

[darktrayu2]

John McCain's Keating Five Problem In 97 Seconds

[bpknapp63]

Let Freddie and Fannie sink, and let's take their worthless management down with them. As for shareholders, well, you assumed the risk, now pay for it. I don't have an ounce of sympathy for any of you.

[glup2glup]

Alert crash!!

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[Yourdeadmeat69]

Fannie & Freddie have 1/2 US's mortgage paper. US and foreign investor confidence must be preserved even if some losers, who don't deserve bailout, are saved with the system. The good of the many outweighs the few losers that might skate.

It will take 18 months to work through bad paper, and housing sale gluts that fill the marketplace. For many, what you have to sell, will sink in proportion to where you're buying, so it's all moot. Those foreclosed, will work thru the system in 18 mos.

[itsShortieDude]

♥

wtf.

[CAJUNNSC]

Who told these people that being insured means it's not still at risk.

[1samothrace77]

paulson looking up to see if god will strike him down

[BLESSEDone333]

LOL

[vison2create]

US Govt Policy: Privatize the gains and socialize the loss.  Only Ron Paul will stop this BS.

[videoaccess001]

Badass observation. You couldn't be any more accurate. Try using grassfire to help make a difference in the meantime. GL

[JUKIO01]

prety soon theres going to be riots, then marital law will come, then america will attack iran. its cool though, i understand

[ubuibiok]

*-***-* thx

[videoaccess001]

There seems to be an abuse of money by the rich and the people given credit. When someone wants a house for their family they are likely to put themselves in a possible tight spot to do so(this is only 1 of many different types of negligent spending through credit). The only people who will ever be lending money will be people with money. These top 5% with the money are main players by investing in this market but cannot be held liable because it is not their company. Aggressive lending, greed!

[crazycatfguy]

It is too large to let the market take it's course but would these banks have acted this irrationally if they did not know we would bail them out? The fed will always bail out wall street. I have 10 cats in a 27 foot travel trailer. I don't call myself crazycatfguy for nothing. Just a matter of time till I end up on news of the weird.

[crazycatfguy]

There was litigation brought by the states and the Supreme court ruled states do not have the right regulate national banks. This was foreseeable and ignored. What motivation do the bankers have to act responsibly if we keep bailing them out just like we did in the 80's?

[videoaccess001]

This is a real bad idea. Extending credit to failing companies in a terrible market. I really didn't want my taxes to go to this. And on top of that, congress wants to buy up shares with more of our money. I don't want these companies to fail either but you cannot sling money at it. Inflation is out of control!

[crazycatfguy]

Same exact thing happened in the 80's with the savings and loan scandals. Why should banks act responsibly if they know they will be bailed out?