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Topic: Fannie Mae and Freddie Mac, back again< Next Oldest | Next Newest >
 Post Number: 11
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Albert Lea
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PostIcon Posted on: Aug. 12 2010,11:01 am  Skip to the next post in this topic. Ignore posts   QUOTE


(jimhanson @ Aug. 12 2010,10:23 am)
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Today, we have an administration that insists on passing bills that the American people don't want--but they pass them anyway.

Don't worry Shimmy Jimmy, we'll get things straightened out at about the same time Republicans will step in and screw it all up again. Some people don't seem to learn from their past..


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PostIcon Posted on: Aug. 12 2010,11:37 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Some things never change, and Alki is one of them--never address an issue when you can attack a PERSON unrelated to the issue. :dunce:

But then, if you had any ISSUES to run on, you wouldn't be a Donk, would you? :p

Your "card" says "Spend Like there is no Tomorrow"--and you attribute it to Bush.  No matter HOW many times people try to educate you Donks, you never seem to figure out that it is CONGRESS--not the President, who controls spending--and the Donks have had Congress for the last 4 years.

You also conveniently ignore the fact that the Obamunists have nearly Quadrupled the national debt in less than 2 years.  When it comes to SPENDING, even the Repubs were PIKERS compared to the Pelosi/Reid/Obamunists! :oops:

And libbies wonder why we laugh at them? :p

How about sticking to the very issue you quoted
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Today, we have an administration that insists on passing bills that the American people don't want--but they pass them anyway.


I gave examples of many of the issues that the Obamunist administration passed DESPITE THE FACT THAT MOST AMERICANS OPPOSED THEM.  That is hardly "doing the work of the people"--that is your ELITIST RULERS acting in their OWN SELF-INTEREST!


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 Post Number: 13
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Albert Lea
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PostIcon Posted on: Aug. 12 2010,1:23 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

LIE #1 Quadrupuled National Debt.. :dunce:

Obama took over at the Blue line on the chart below.
http://zfacts.com/p/318.html

LIE #2 Legislation Obamunist administration passed DESPITE THE FACT THAT MOST AMERICANS OPPOSED THEM. :dunce:

In the same week the U.S. Senate passed a major financial reform bill touted as reining in Wall Street, Democrats pulled ahead of Republicans, 49% to 43%, in voters' generic ballot preferences for the 2010 congressional elections.
http://www.gallup.com/poll...ot.aspx

LIE # 3 ELITIST RULERS acting in their OWN SELF-INTEREST! :dunce:

Bush the Elitist made $300 Million during his 8 years as President..


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PostIcon Posted on: Aug. 12 2010,3:16 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I mis spoke.  I said national debt instead of deficits.  I should have compared the reckless spending of the Obamunists to the Bush administration.  Perhaps the graph below will help you out.

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PostIcon Posted on: Aug. 12 2010,3:40 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Alki
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LIE #2 Legislation Obamunist administration passed DESPITE THE FACT THAT MOST AMERICANS OPPOSED THEM.  

In the same week the U.S. Senate passed a major financial reform bill touted as reining in Wall Street, Democrats pulled ahead of Republicans, 49% to 43%, in voters' generic ballot preferences for the 2010 congressional elections.
 See you and RAISE you.  Here's Rassmussen for the same period.  nullMy Webpage  UNLIKE Gallup, Rassmussen surveys LIKELY voters--accounting for Rasmussen's increased accuracy.  From Rasmussen
QUOTE
Monday, July 19, 2010 Republican candidates now hold a nine-point lead over Democrats on the Generic Congressional Ballot for the week ending Sunday, July 18, the widest gap between the two parties in several weeks.  

A new Rasmussen Reports national telephone survey finds that 45% of Likely Voters would vote for their district's Republican congressional candidate, while 36% would opt for his or her Democratic opponent.  Support for Republicans inched up a point from last week, while support for the Democrat fell two points.

While solid majorities of Democrats and Republicans support the candidates of their respective party, voters not affiliated with either party prefer the Republican candidate by a 47% to 21% margin.

Republicans have led on the Generic Ballot since mid-June 2009, and their lead hasn’t dipped below five points since the beginning of December.  Twice this year, they've posted a 10-point lead. However, the results were much different during the last two election cycles when Democrats regularly had large advantages.

 I know this is a foreign concept, Alki, but THINK about it--if the Donks WERE ahead on the generic Congressional ballot, they wouldn't be looking at LOSING the house, would they? :rofl:

Now, are you REALLY going to tell us that the American public really DOES want Obamacare?  That they DON'T want the Arizona law?  That they FAVORED the bailouts?  That they thought Cash for Clunkers was a good idea?  That they WANTED the government to take over the car companies? :dunce:

QUOTE
Bush the Elitist made $300 Million during his 8 years as President..
 What's your source?  I tried looking it up--I see the Presidential library will cost $300 million, I saw that he advocated spending $300 million for AIDS, I saw that he advocated spending $300 million for a mentoring program for disadvantaged children, and I saw that he advocated spending $300 million for aid to Pakistan--but not that he MADE $300 million.  Were you thinking of the $300 million that OwlGore wanted spent on "Climate Change"? :rofl:


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PostIcon Posted on: Aug. 12 2010,4:03 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

FANNY MAE  IS THE BANK THAT OWNED THE HOUSE I BOUGHT , AND I KNOW FOR A FACT WE PAID 70'000.00
LESS THEN WHAT WAS OWED ON IT


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PostIcon Posted on: Aug. 12 2010,5:20 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

For the viewing entertainment of liberals.  For the "cartoon generation", maybe they'll pay as much attention to this as they do to Spongebob! :D  :lalala:

null[URL=]My Webpage[/URL]


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 Post Number: 18
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PostIcon Posted on: Aug. 12 2010,5:49 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Bush: Bail Out Economy, or Face 'Long and Painful Recession'

Congressional negotiators emerged today and announced they had reached a deal in principal on President Bush's $700 billion proposal to buy up a mountain of Wall Street debt that has threatened to torpedo the U.S. economy.
http://a.abcnews.com/Politics/Vote2008/story?id=5879591&page=1




The Nightmare created by the Bush Administration and 6 years of a Republican Controlled Congress continues..

Never Forget..
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PostIcon Posted on: Aug. 12 2010,7:00 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Did you miss the part about "The economy is not functioning properly"?  That's because of government interference--FANNIE AND FREDDIE--the subject of this thread.  If you bothered to look, you would see that SEVERAL TIMES Bush took the unusual step of asking Congress to look into Fannie and Freddie--but since the Donks controlled Congress, they appointed their own as Chairmen of the House and Senate Finance Committees--the very same committees with oversight on Fannie and Freddie.  

The heads of those committees were none other than Barney Frank and Chris Dodd.  Barney was the guy that was "unaware" that his boyfriend was running an escort service out of the single-bedroom apartment--and Dodd was the guy that got a "Friend of the President" sweetheart loan from Countrywide Finance.  Both not only refused to investigate, but DEFENDED the perfomance of Fannie and Freddie! :oops:

Bush spent half of the TARP money before he left office--leaving the rest for the incoming administration.  TARP--Troubled Asset Relief Program--was originally set up to buy up the foolish loans mandated by government policy and backed by Fannie and Freddie.  Instead, the money was funneled directly to banks as warrants--even when the banks didn't want the money.

Had the money been used to shore up "Troubled Assets" in the housing industry as originally intended, the home building industry would have been better off today.  Instead, it was used as a lever on financial institutions by the Obamunists.  

Federal involvement in the housing industry?  I don't think there is any question that had the government kept its nose OUT of the home loan industry, this "crisis" would not have happened.  Banks would not have made the foolish loans mandated by the government--Fannie and Freddie wouldn't have bought up those loans--the loans would not have been bundled into "derivatives" and sold as junk bonds.  It is the usual UNINTENDED CONSEQUENCES of government interference--hurting the very people they purport to help.

The Fannie and Freddie Fiasco is still going on (much to the chagrin of the Donks)--they are looking for ANOTHER $4 Billion dollars.  Dodd had the sense to not run again--Slobbering Barney lacked that good sense.

The question was whether Americans thought the bailouts were a good idea.  Overwhelmingly, they say no--but the Obamunists think it is a good idea.  From Rasmusssen Polling
QUOTE

Most Americans Say Bailouts Were Bad Idea, Political Class Disagrees
Tuesday, April 21, 2009 Looking back, 59% of voters nationwide believe the federal bailouts for banks and other financial institutions were a bad idea. The latest Rasmussen Reports national telephone survey found that just 26% think they were a good idea.

The numbers are similar for the bailout loans given to General Motors and Chrysler: 60% say they were a bad idea, and just 26% hold the opposite view.

Public opposition to the bailouts has been strong right from the start. In September, right after Lehman Brothers collapsed, just seven percent (7%) of voters thought the federal government should use taxpayer funds to keep a large financial institution solvent. Sixty-five percent (65%) said the companies should file for bankruptcy. A week later, following Treasury Secretary Henry Paulson’s appeal for a $700 billion bailout, support increased a bit but only to 28%. The more voters learned about the plans, the more opposition grew.

But, in the end, the opinions of the Political Class mattered more than the opinions of voters. Today, by a 61% to 23% margin, the Political Class still believes the bailouts for the financial industry were a good idea. By a 64% to 23%, they say the same about the auto bailouts.


What ARROGANCE on the part of the Obamunists!

Would you care to defend Obamacare, Arizona, or any of the OTHER things passed against the will of the majority?  Is it any wonder that the Donks are running away from this guy?


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 Post Number: 20
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Albert Lea
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PostIcon Posted on: Aug. 12 2010,7:40 pm Skip to the previous post in this topic.  Ignore posts   QUOTE

I sure wouldn't want you running the City of Albert Lea in a crisis if all you could do is blame everyone around you for your mistakes.. :crazy:

Whatever you do, don't take any blame..
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