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05-15-2010, 03:17 PM
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Why does Govt controlled Fannie and Freddie Mac Own 96%
of the USA Mortgages? Can you say SOCIALISM or maybe even COMMUNISM?Did you guys hear HILLARY CLINTON? She bashed Obama the other day!!! Said when she talks with other countries they tell her America is bringing them down! WHAT THE?I think the Hil is starting to Campaign for 2012.THATS SO WEIRD! It was FANNIE and FREDDIE! That DESTROYED THE ECONOMY! RAN BY LIBERALS! HAH? World Govt anyone?Obama gave them a BLANK CHECK- It was just a republican that told us they need that 8 Billion- Im sure they already got it. Obama wants that bank to own all our homes.!
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05-15-2010, 07:40 PM
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And they are asking for another $8.4 BILLION dollars for bailout on top of what they have recieved already! They don't come under the same rules as corporations or companies! LET THEM FAIL!
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05-15-2010, 10:41 PM
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The same reason we are in the mess we are in. Government agencies that can operate outside the law of supply and demand and are not regulated by natural competition in a free market are doomed not only to fail, but to wreak far flung havoc on the rest of the economy.And why have financial 'reforms' in the senate ignored FMFM?? They have done nothing to confront the entity that was the root cause of all our economic woes. We are moving at break neck speed towards rampant, unregulated socialism.
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