Replies to post #307314 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Yup
Lets blame it all on Dems

Those BANKS - nope --- it was all politicians and DEMS to boot

boy oh boy a canard dies hard -- or in a paper like the Washington Times - never dies

It all started with a push to help the poor

A multi trillion dollar collapse on all on the back of those pesky poor and their 1000 houses

[Donotunderstand]

So Mr Banker

Why did you sell improperly described mortgages by the trillions?

Why did you engage in trillion dollars of non negotiable SWAPS?

Why did you award Golden Parachutes to CEOs who bankrupted the company?



The government made me do it

And thus it continues

Anything goes wrong - there must be a GOV law that made these wonderful community oriented companies do things to maximize short term profit

We know as fact - the companies kept every penny of profit and took risks assuming a bailout

But lets put the blame on their needing to score a B on the SATs

Nope - this canard has had its air let out by the vast majority of those who have studied the issue

But - it will not die