You tell me what private business would have allowed $3,000,000,000 in losses over 6 years AND NOT DO ANYTHING ABOUT IT???????
Not only did Fannie not do anything about it - they did not inform authorities either. Probably because they didn't want to upset the fantastic corrupt arrangement they have with the government.
Man - this is an outstanding example of why government does NOT belong in private enterprise and the results of what happens when they do.
$3,000,000,000 that we will pay for since Fannie is 100% backed by you and me thanks to our government.
How Fannie >>> LINK
Not only did Fannie not do anything about it - they did not inform authorities either. Probably because they didn't want to upset the fantastic corrupt arrangement they have with the government.
Man - this is an outstanding example of why government does NOT belong in private enterprise and the results of what happens when they do.
$3,000,000,000 that we will pay for since Fannie is 100% backed by you and me thanks to our government.
How Fannie >>> LINK
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