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Why are Fanny and Freddy not included in financial reform bill?

Shouldn't they be?
I'm not for much of anything in this bill. It's just more blah blah to take control. I am smart enough to know it was congress and their pets Fanny and Freddy that started this whole financial and housing mess with their ignorance and insistence on giving loans to people they knew should not have them. Of course wallstreet had a hand in bundling and betting on these but thats what Wallstreet does. Thats how you who have 401ks and other investments make money. We have regulations, it was the SEC and congress who chose to ignore the problem.
The fact that Fanny and Freddy whom we have continued to prop up since their bailout are not included in any regulation stinks of favoritism.
I see the White House taking advantage of the uneducated(about wallstreet) by demonizing companies on wallstreet. Are you so gullible?

Answer Question

Asked by itsmesteph11 at 9:22 AM on Apr. 19, 2010 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (8)
  • Didn't Fanny & Freddy do something illegal?

    Answer by Anonymous at 9:39 AM on Apr. 19, 2010

  • Fannie and Freddie are tools of the progressive party.

    Answer by Carpy at 9:49 AM on Apr. 19, 2010

  • Freddy and Fanny were a huge part of the problem so they should be heavily regulated. I bet Barney Frank and other Dems are still saying they are sound and

    Answer by momtolucas2002 at 9:51 AM on Apr. 19, 2010

  • Swound and stwable and you are dwispwicable for fwalsifwying infwomatwion :p

    Answer by Anonymous at 9:54 AM on Apr. 19, 2010


    from 2004....all is well...........



    Answer by yourspecialkid at 10:23 AM on Apr. 19, 2010

  • They have been given a blank check to do whatever they want. They can't turn around and try to "reform" them. They are also the pet project of Barney Fife (oops I mean Franks) and Chris Dodd.

    Answer by sopranomommy at 11:09 AM on Apr. 19, 2010

  • That would be a GREAT question for Bwaney Fwank!!

    Answer by grlygrlz2 at 11:20 AM on Apr. 19, 2010

  • Because they are already govt. run.

    Answer by Anonymous at 2:08 PM on Apr. 19, 2010

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