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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (49346)9/29/2008 1:13:29 PM
From: TideGlider3 Recommendations  Read Replies (1) | Respond to of 224749
 
Here it is simple for ya Kenneth!

Watch and see how it actually worked.

youtube.com



To: Kenneth E. Phillipps who wrote (49346)9/29/2008 1:15:26 PM
From: TimF1 Recommendation  Read Replies (1) | Respond to of 224749
 
All the bad loans where made by other institutions. Fannie Mae and Freddie Mac didn't make the loans, they bought them from those who did make the loans, and undertook other activities to drive the market for mortgages.

Absent their participation, at worst we would have a much smaller problem now.



To: Kenneth E. Phillipps who wrote (49346)9/29/2008 1:41:49 PM
From: JakeStraw1 Recommendation  Respond to of 224749
 



To: Kenneth E. Phillipps who wrote (49346)9/29/2008 1:53:13 PM
From: Thomas A Watson3 Recommendations  Respond to of 224749
 
Who was the lawyer working as a community organinzer who sued bans for not making enough bad loans?

Who in just 4 years, the most recent 4 years.
The 4 years when criminal Conduct of Fannie Mae was being revealed
was bought with.
........................

Who else but the Kenneth E. Phillipps messiah.
....................................

youtube.com
youtube.com
The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books.



To: Kenneth E. Phillipps who wrote (49346)9/29/2008 1:54:13 PM
From: jlallen4 Recommendations  Respond to of 224749
 
You dope....

FNMA and FHLMC guarantee loans, they don't originate loans....you are a perfect demolib....completely ignorant.

J.