Replies to post #166228 on Fannie Mae-No Politics (FNMA)

[navycmdr]

Fannie & Freddie are essential to the U.S. economy ...

they functioned flawlessly for decades

until the GOVT stepped in and mucked

them up as they have with OBUMMER HealthCare

along with Bank greed & corruption ...

BANKS are paying for it now with $BILLIONS$

in settlement going to Fannie and Freddie !

they are performing flawlessly again

earning $BILLIONS$ each QTR with solid

30yr LOANS ... you are clueless

[jarenawer]

Eat my fire balls

[chessmaster315]

No. Abolishing FNMA "for the good of our country" is like detonating nuclear bombs in our cities so that we may rebuild. Abolishing fannie is a "worst case scenario" wrapped around a destruction of the constitituion on the USA.

[timster]

What a ridiculous comment. An institution with over 70 years of successfully making housing available to the masses "must be abolished"? Think again,... it must be maintained. It must be kept free from manipulation that caused it's major stumble due to greed and political insanity. It works,... it is the one saving grace that will bring stability to the economy. The thought of trying something "new" while our economy is barely starting to show signs of improvement, that is idiocy.

If you do care about AMERICA'S economy, you should want it built up,... not abolished.

IMHO

[not one red cent ~NORC~]

Your research lead you to that? Why dont you enlighten us on how you came to that conclusion.

[expediter13]

LOL, thats a joke, taking homes from the poor is what abolishing will do... But I am sure you are all about that and probably the TEA party too. They are playing u like a puppet and got you doing their dirty work. That is all the Tea party is.... under 90iq people being played by the rich to praise their agenda.

The Wall Street Journal has a great read from yesterday. Looks like the Regular Republicans are going to chase out the ultra conservatives. They are ruining the ticket... See ya