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On Tue, 26 Apr 2011 19:31:59 -0600, Canuck57
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. |
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