After 5 1/2 years, I finally have something that I agree with the President.
If the government is going to force lenders to write bad loans they are still in
the game and still on the hook...unless rates rise to cover the bad loans.
Wait, let me get this straight, if the government gets out of the loan business,
then the cost of loans will go up? I thought that the government can't do
anything right so we have to leave it up to business, because they will make it
lower cost and better. Hmmmmm
This is now the 3rd time I agree with the President.Sequestration -
It was his idea, he shouldn't run away from it. It has already brought the
deficit down.Osama Bin Laden - It took courage to order that strike
when Biden and Gates and many others were opposed.Fannie Mae and
Freddy Mac winding down - YES!!Now if it isn't too much to ask.
Please open up more drilling on Federal Lands. I really liked the $1.84 gas
price when you entered office.
"Now if it isn't too much to ask. Please open up more drilling on
Federal Lands. I really liked the $1.84 gas price when you entered
office."did you also like the $4.00 gas 6 months BEFORE he
people forget fannie and freddie did NOT have a government guarantee until
barney frank and congress bailed them out. All BO is trying to do is revcerse
some of the damage barney frank caused. They were semi-privatized a long time
ago, but congress still held enough sway over them that barney could force them
to buy bad loans to make it so more people could "afford" to buy a
house. All that did was create a bubble. the housing market may be too weak to
totally remove the support fannie and freddie provide; any withdrawal of that
support should be gradual. Of course, as long as they are
profitable, they can repay the treasury for some of the bailout. Of course the
BO misadministration sold some of the bank stocks treasury held from the bailout
for pennies on the dollar, when they could have received much more and recouped
even more from the commercial banks. BO and his cabal know nothing about
Agree with the president? To bad it wasn't his idea, "Obama supported a
bill sponsored by Senators Bob Corker, R-Tenn., and Mark Warner, D-Va.,".
I thought he was a socialist commie. He is really a RHTP. A "republican
hated by the tea party".