Fannie Mae (FNMA)

[Robert from yahoo bd]

There are definitely problems, especially when corporations act badly (how much should a corporation charge you for a life saving pill?). I think that ideally the USA would be better off taking the best from both philosophies, but easier said than done!

You know, the gses were created by FDR and the D's and turned into private corporations by the LBJ Administration. I don't think that the gses COULD have originated from a R philosophy!

But the reality is that the gses may have saved us from the Great Financial Crisis turning into a Great Depression! Not bad, yet it was the OBama administration that came up with the nws, which has really turned them into governmental wards, go figure!

This is my last post of the day, so I will give you any response tomorrow, nice chatting with you!