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Fannie wants more of our tax dollars

This just proves they should not be passing any financial reform that does not include Fannie and Freddie.
Fannie had a 13 billion loss in the past quarter and they want more tax dollars. These companies will not survive without our tax dollar infusions continually. Why are we not furious that the government refuses to address the fact? What should be done with F and F?

Answer Question
 
itsmesteph11

Asked by itsmesteph11 at 9:14 AM on May. 10, 2010 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (7)
  • I am in total agreement with you OP. They should be included in any reform and I don't think they should get any more money.
    yourspecialkid

    Answer by yourspecialkid at 9:33 AM on May. 10, 2010

  • why shouldnt they get the money that they were owed?
    its not there fault that every loan officer in america went around handing out loans to any idiot who wanted one no matter what there income was.
    PURPULbutterfly

    Answer by PURPULbutterfly at 10:01 AM on May. 10, 2010

  • Yeah poor poor Fand F so innocent of course :eye roll: steph and special at least some of us aren't obliterated from the koolaid.
    tnmomofive

    Answer by tnmomofive at 10:09 AM on May. 10, 2010

  • Fannie is one of the biggest fraud and boondoggles out there. Reform Wall Street, but leave Fannie alone? Total political absurdity.... Afterall, according to liberals, "Fannie and Fredie were fine"... Total BS.
    grlygrlz2

    Answer by grlygrlz2 at 10:09 AM on May. 10, 2010

  • its not there fault that every loan officer in america went around handing out loans to any idiot who wanted one no matter what there income was.


    Someone needs to educate themselves on the CRA and how government intererence in many cases forced banks to make rsiky loans... Or that 'someone' can live blindly in their own liberal world of blinded utopia.... 

    grlygrlz2

    Answer by grlygrlz2 at 10:11 AM on May. 10, 2010

  • "why shouldnt they get the money that they were owed?
    its not there fault that every loan officer in america went around handing out loans to any idiot who wanted one no matter what there income was."

    You and people like you, my dear are the reason we have Obama :P
    itsmesteph11

    Answer by itsmesteph11 at 1:18 PM on May. 10, 2010

  • Um purple please do some research

    ~signed a loan brokerage owner~
    mamakirs

    Answer by mamakirs at 2:59 PM on May. 10, 2010

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