September 8, 200818 yr http://www.mcclatchydc.com/227/story/51940.html " I think Freddie & Fanny have gotten too big and too expensive for the taxpayers" Does she know that they are owned by shareholders and not taxpayers? After negotiations are complete they may be government owned but that is far from decided.
September 9, 200818 yr http://www.mcclatchydc.com/227/story/51940.html " I think Freddie & Fanny have gotten too big and too expensive for the taxpayers" Does she know that they are owned by shareholders and not taxpayers? After negotiations are complete they may be government owned but that is far from decided. I'm not sure she intended her comments this way (and likewise you can not be sure she didn't), but the U.S. Govt guarantees the bonds issued by Freddie and Fanny (which they issue to have funds to purchase mortgaged secured promissory notes); thus her concerns are actually correct. The bigger Freddie and Fanny are, the greater exposure they burden the federal govt with (which means you and I, i.e. the taxpayers). Did YOU know that?
September 9, 200818 yr The fact that the takeover may result in a taxpayer bailout during reorganization probably wouldn't have anything to do with Palin's comments... Keep digging DD... :lol:
September 9, 200818 yr The fact that the takeover may result in a taxpayer bailout during reorganization probably wouldn't have anything to do with Palin's comments... Keep digging DD... :lol: :lol: :lol: :lol: :lol:
September 9, 200818 yr I thought the same thing Leatherneck. The bonds are packaged and sold off to shareholders, however the taxpayer will now be behind the bonds because of the take over from the Government.
September 9, 200818 yr I take her literally word for word after the E Bay statement.Funny you don't hold Obama to the same standard with his Muslim faith and other faux pas.
September 9, 200818 yr Author Funny you don't hold Obama to the same standard with his Muslim faith and other faux pas. What.....Obama is a Muslim ???????? That's it, I'm voting for McOld Guy.
September 9, 200818 yr Author It does concern me that Palin thinks that we are in Iraq as a mission from God. Did W get a promotion or was it self appointed ?
September 9, 200818 yr It does concern me that Palin thinks that we are in Iraq as a mission from God. Did W get a promotion or was it self appointed ? And I suppose it also bothered you that the Blues Brothers were on a mission from God?
September 9, 200818 yr It does concern me that Palin thinks that we are in Iraq as a mission from God. Did W get a promotion or was it self appointed ? You sure are fixated on a guy that can't be elected president again.
September 9, 200818 yr Author And I suppose it also bothered you that the Blues Brothers were on a mission from God? LOL...It would if they wanted to run the country.
September 9, 200818 yr I thought the same thing Leatherneck. The bonds are packaged and sold off to shareholders, however the taxpayer will now be behind the bonds because of the take over from the Government. The taxpayers won't now be behind the bonds because of the take over, the taxpayers were already behind the bonds before the takeover. Bonds have been guaranteed by the fed govt since Freddie and Fanny were created. Its the reason for the takeover. The fed govt got very concerned that it was guaranteeing all these bonds that could go in default, so it decided that since the fed govt was already on the hook, it might as well run the show. Which is what Palin was referring to and her statement valid. Seems she knows more about the issue than DD. DD, now that your first pot shot at Palinin this thread has pretty much ricocheted off of her and hit you, I noticed that you've now conveniently moved onto the mission from God potshot. Pretty sad. I hope that any undecided voter reading this forum recognizes your posts for exactly what they are.
September 9, 200818 yr The taxpayers won't now be behind the bonds because of the take over, the taxpayers were already behind the bonds before the takeover. Bonds have been guaranteed by the fed govt since Freddie and Fanny were created. Its the reason for the takeover. The fed govt got very concerned that it was guaranteeing all these bonds that could go in default, so it decided that since the fed govt was already on the hook, it might as well run the show. Which is what Palin was referring to and her statement valid. Seems she knows more about the issue than DD. DD, now that your first pot shot at Palinin this thread has pretty much ricocheted off of her and hit you, I noticed that you've now conveniently moved onto the mission from God potshot. Pretty sad. I hope that any undecided voter reading this forum recognizes your posts for exactly what they are. We do. Just like we recognize many of the "Obama is secretly a Muslim" threads and the "Obama is a socialist" threads and the "Barrack Hussein Obama is scary" threads and the the "if you are a true American you will vote for McCain" threads. We know what it is all about.
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