On 26/04/2011 8:33 PM, wf3h wrote:
On Tue, 26 Apr 2011 19:31:59 -0600,
wrote:
On 26/04/2011 6:18 PM, wf3h wrote:
On Tue, 26 Apr 2011 19:53:41 -0400, I_am_Tosk
wrote:
BUT let's crunch the numbers, shall we?
http://en.wikipedia.org/wiki/Fannie_...from_late_2007
fannie may and freddie mac cost taxpayers 150 BILLION
BUT the total DECREASE in net worth of the US is about TEN TRILLION
so YOUR view accounts for about 2% of the decrease
let's look at another factor, shall we?
wall street derivatives...specifically COLLATERALIZED DEBT OBLIGATIONS
THEY went from
320 BILLION
to SIXTY TWO TRILLION in 10 years
sixty two trillion is MORE than the ENTIRE NET WORTH of the united
states. and THAT was cause by WALL STREET GREED.
so when the housing market went south, WALL STREET GREED BLEW UP the
economy. and THAT was caused by RIGHT WING DEREGULATION OF WALL
STREET.
but you're right wng. so you'll continue to lie. it's what you do
Ya, and wonder f--k, who do you think owns and runs Fannie Mae and
Freddie Mac? Obama, that is who. Chief idiot Obama is in charge of
Fannie and Freddie. Congress too.
?? obama OWNS freddie mac?
christ you really ARE delusional arent you?
and you STILL havent accounted for the fact bush 'owned it' before
obama did AND that bush let fannie mae wreck the economy while bush
owned it
but bush is white...
Get over it, screwed by your own government. The one YOU voted for.
YOU voted right wing
YOU voted deregulation
YOU voted wall street greed
thiis is YOUR screw up, right wing boy
Grab both cheeks and take responsibility darwin.
Taxpayers own it -- whew, have to hand hold out every step of the way?
And if taxpayers own it, who is their administration? Don't say Bush, e
left some time ago. This years record bad mortgages and paper fraud
belong to the current administrator...and that is???
--
I can assure you that the road to prosperity is not paved with
fleabagger debt.