Fannie Freddie regulation or free market regulation

Discussion in 'Economy' started by Brutus, Sep 1, 2011.

  1. Brutus
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    Brutus Senior Member

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    Liberals thought they could create Fanny/Freddy, FHA, CRA,etc to regulate the free market to suit superior liberal goals It was a minor version of what Hitler, Stalin( liberals spied for him), and Mao did. Little did they all know that the free market was better regulated by 300 million people and 1000's of lenders working together freely, than a few meglomanical liberal bureaucrats in Washington.

    Our country may be doomed because the liberal lacks the IQ to understand this and many other similar lessons.
     
    Last edited: Sep 1, 2011
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says, "Dat's right - make `em pay back dat bailout money - with interest...
    :clap2:
    Fannie Mae to pay $59.4bn back to US after record profit
    9 May 2013 - US federal mortgage agency Fannie Mae has said it will pay $59.4bn (£38.5bn) in dividends to the US Treasury, after posting a record profit in the first quarter.
     
  3. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    actually the bail out money was paid back with interest. Do you want the trillions in personal welfare bailouts paid back too? Please explain.
     

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