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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: James Hutton who wrote (136849)7/27/2008 11:11:59 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"CRITICS of the Congressional housing package complain that we are now committing taxpayers to huge new outlays to rescue Fannie Mae and Freddie Mac."

When asked about the Sen. Chris D0od said the taxpayer bailout was better because it would support the price of your home since you would have less foreclosures in your neighborhood.
He didn't mention he was an integral part in the bust.

Why is this guy still in office? He's been a total disaster.



To: James Hutton who wrote (136849)7/27/2008 11:48:58 AM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Surprisingly good, forceful editorial. FNM and FRE are a financial cancer. Terminate the GSE's (with extreme prejudice).....