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jackticker

06/23/14 11:45 PM

#228182 RE: rocco2 #228169

I have said this all along and thank you for reiterating and stating so clearly.

Obama and the liberal Dems don't want to see FnF shuttered. Libs are known champions of the middle class and government subsidies to help the less advantaged, and we who invested in FnF know that w/out the GSE's the middle class is hisory.

Obama had to come out publicly against FnF in order to get the Reps and mainstream media to go the other direction and now they release because a court mandate and no one is to 'blame' for releasing the labeled TBTF GSE's.

The important thing now is to get it done beofre the Cons gain anymore power because we know they would want to do away with the socialist GSE's. However, to me the timeline and the way things are progressing seem perfect.

GLTA
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jeddiemack

06/24/14 12:13 AM

#228189 RE: rocco2 #228169

I would agree.

This nonsense about interest rates spiking is stupid speak.

Because if fannie and freddie were released - the opposite from what has been discussed and opposite from them needing 2000000000000000000000000000000000000000000000000000 from government (because non of the money they make go to capital) All of which has already been "discussed" and released by tresury. i mean the fhfjahra. Then,... interest rates may stay low... but seriously, the only real direction for interest rates to go is up anyway.

Its actually an idiotic stance. But, just shows they aren't thinking - but stating things hoping people will repeat them enought and believe them.
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JJ8

06/24/14 12:21 AM

#228191 RE: rocco2 #228169

"Perhaps the government is losing its own case even before evidence has been introduced. It may be that they plan to lose, while giving the appearance of fighting to win, for political reasons."

It is my impression also that the Dems, in general, would like to retain FnF with some reform. Whereas Republicans would like to see the Gov to be out of the housing & mortgage business.