Fannie Mae (FNMA)

[cummingga]

https://rismedia.com/2021/09/08/what-next-fannie-freddie/comment-page-1/?unapproved=214558&moderation-hash=a292fcb81b8a9bd180232faf8a111556#comment-214558
I responded to the stupidity, but I doubt they'll accept the truth.
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Hey Ken, why don’t you tell the whole story? Bill Clinton made Fannie and Freddie take on the subprime loans that you mentioned. That’s a pretty important point. The Gov’t screwed it up and then acted like they were the saviors. Here we are 13 years later and the Gov’t took the bailout money back plus over $100 Billion. Pretty good deal for the Gov’t.
Fannie and Freddie were Nationalized and we as Americans would be upset if China did this to private companies, but we let our own Gov’t do it and then media hacks tell half truths so that the theft can continue.
I know that you know these things, but like most in the media you keep facts out. Just know that when you do that you are in fact lying.