Pull your pants down and grease up..F&F cost to taxpayer.

Discussion in 'Economy' started by iamwhatiseem, Oct 21, 2010.

  1. iamwhatiseem
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    iamwhatiseem Gold Member

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  2. B. Kidd
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    B. Kidd Gold Member

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    $363 billion, huh?
    Let me help put that into perspective. This number is twice what we have already spent to bail them out.
    Wow.
    Massive gov't spending will continue.
    Please resume your normal activities.
    That is all.
     
  3. Revere
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    Revere BANNED

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    Fannie and Freddie are GSEs. Mortgage exchanges. Think "health insurance exchange."
     
    Last edited: Oct 21, 2010
  4. Old Rocks
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    Old Rocks Diamond Member

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    Hmmm..... We are #37 in heath care, and spend more per citizen than any other nation. In fact, many other nations spend only half of what we do, and have far better results.

    [ame]http://www.youtube.com/watch?v=yVgOl3cETb4[/ame]
     
  5. daveman
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    daveman Diamond Member

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    Hey, Statists: This is how government does things.

    You're embracing an idea that's failing right before your eyes.
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Fannie and Freddie caused the bubble.

    F & F, Goldman Sachs, Chase, Wells Fargo, Bear Stearns, Lehmann Bros Merrill Lynch all got caught in the down draft.

    Some private Co's got bail outs and paid it back, others got liquidated, but the companies that caused it are still sucking capital.

    Does any of this make sense?
     
  7. iamwhatiseem
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    iamwhatiseem Gold Member

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    If you are a liberal, not only does it make sense - but it is still the right way to do things
     
  8. finebead
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    finebead VIP Member

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    Well it was on the repub watch where this all went out of control. The big explosion is subprime debt was in 2004-2006, and it was the repubs who had control of the house, senate and white house, and stood around contemplating their navels while the nation was going in the crapper. The repubs should have controlled F&F, but they failed to do so. The dems were not helpful, but the repubs had the controls.
     
  9. LiberalNut
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    LiberalNut Member

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    What is with right wingers and anal sex imagery? Do y'all get turned on by that kind of talk and/or do you like sticking things in the old hersey hole?
     
  10. Zander
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    Zander Platinum Member

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    But, but, but, the gubmint made a profit from the bailouts!! right?? :cuckoo:
     

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