Re: Thanks Democrats - U.S. to Lose $400 Billion on Fannie, Freddie, Wallison Says

W Spilman

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Dec 31, 2009, 9:44:13 PM12/31/09

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"Leroy N. Soetoro" <leroys...@usurper.org> wrote in message
news:Xns9CF29DD4D3...@202.177.16.121...
> http://www.businessweek.com/news/2009-12-31/u-s-to-lose-400-billion-on-
> fannie-freddie-wallison-says.html
>
> Dec. 31 (Bloomberg) -- Taxpayer losses from supporting Fannie Mae and
> Freddie Mac will top $400 billion, according to Peter Wallison, a former
> general counsel at the Treasury who is now a fellow at the American
> Enterprise Institute.

Gosh, we could've driven tractor-trailers full of cash around
Iraq, handing it out indiscriminately, with that kind of money.
That's what the last administration did with our money, and now
these guys want to help Americans, in America? How dare they.
WS

John Galt

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Jan 1, 2010, 10:14:34 AM1/1/10

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While Fannie and Freddie are "helping Americans", they are also
contributing to the next real estate bubble. The condition we are
currently in would be far less severe had they been sunset after WW2.

So, do you feel "helped" because they got a new truckload of money? You
shouldn't. You should be asking why the government is trying to
re-inflate the credit bubble that caused todays' economic trainwreck.

JG

John Q Public

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Jan 1, 2010, 10:48:34 AM1/1/10

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See, if its creating a bubble i fail to see how its helping Americans,
what it is doing is stealing
from some Americans to buy votes of others while putting them all at
risk with a volatile
economy where each could lose their livliehoods!
So I do not buy into PC/Fairness crap which helpedput us where wwe are today!
I say get rid of them both, no new loans... let them wither on the vine!

W Spilman

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Jan 1, 2010, 1:40:43 PM1/1/10

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"John Q Public" <my2c...@me.com> wrote in message
news:2010010110483475249-my2cents@mecom...

I agree, Bush's "Ownership Society" bullshit really screwed us all. But
all that money stays in America, and eventually ends up in the hands of
American retailers.
WS

kim

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Jan 3, 2010, 8:15:30 PM1/3/10

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You forgot the trillions Bush blew in the sandpit. Which Americans
ended up with that?

John Q Public

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Jan 3, 2010, 8:48:20 PM1/3/10

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Hate to burst your bubble trillions for Iraq is BS, some cites from cbo please!
2010 Military spending 4.6% GDP (An increase BTW) BO the peaceful HAHAHAHAHAHA
1960-1964 9.3% to 8.5% (Your hero Kennedy)
1992 -2000 4.8%-3.0% (Your hero Clinton)
2000-2003 3-3.7% Bush (What were in a war and he's spendin less %GDP
than Kennedy/Clinton OMG)
From this graph http://www.truthandpolitics.org/military-relative-size.php

So little pea brain both Kennedy and Clinton blew more on military %GDP
than GWB
during his wars!

Yep the dems are thinkin, think o the votes we could buy with that!
Little marxist fuckwits

Clave

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Jan 3, 2010, 8:56:41 PM1/3/10

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"John Q Public" <my2c...@me.com> wrote in message

news:2010010320482099097-my2cents@mecom...

A better look at that data:

http://www.google.com/publicdata?ds=wb-wdi&met=ms_mil_xpnd_gd_zs&idim=country:USA&q=military+spending+gdp

HTH,
Jim

kim

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Jan 4, 2010, 7:01:15 PM1/4/10

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On Sun, 3 Jan 2010 20:48:20 -0500, John Q Public <my2c...@me.com>
wrote:

Smart guy - How do you explain the deficit increasing by 5 trillion
when there was hardly any domestic spending - plus the trillions in
collected taxes?