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Good grief, we can't pay our own bills, Fannie Mae etc.
by Cotton2226

should have to get their own ass out of trouble..when I have gotten in trouble when I was younger, just had to tighten the belt and do the best I could...it was my fault...so, you act like man and get with the program..

Good grief, where do you draw the line. Wachovia is in trouble..or we going to bail them out...and on and on...Our government cannot even pay their own bills and they are borrowing money to pay someone's else 's bills...sure makes sense to me! Borrow from Peter to pay Paul....When people make bad decisions, they should have to live with those decisions and pay the price...next time, they will know better...strange World...

Re: Good grief, we can't pay our own bills, Fannie Mae etc.
by mark14

Yeah when I got in trouble when I was younger my parents did the same thing. They stopped feeding me and made me live on the street. One time when I was ten I lost twenty pounds having nothing to eat and sleeping in a cardboard box until some nice people from the Krishna mission took me in until I could get back in my family's good graces. But I feel exactly like you regarding NeoCons. They made bad decisions, they should have to live with those decisions and pay the price. Can't wait until that special war tax goes into effect on the morons...

Well here is a good link to a Bloomberg article on Freddie and Fannie <link> so people can actually see what they are doing.

Something to think about....
by DoctorTom

Ask yourself these three questions, and if you can't answer them immediately do a little research. I think you'll find it interesting.....

1. Who got rich from the sub-prime mortgage business?

2. How were they able to legally conduct business in such a dis-honest and deceptive manner?

3. Why were the changes in th law enacted, and by whom, that allowed these things to happen?

Re: Something to think about....
by candoxx

So, by your logic the only people (or countries or financial institutions) who should get a "bail out" (meaning HELP) are people who don't need one, people who never made mistakes?

Do you dispute and dispise the entire concept of "bail out" at all?

Aside from that, are you aware that the entire US economy is based on two things, housing and automobiles, they are the "pillars" of this economy...and if they go, we collapse, and if we collapse, so does the rest of the world.

You cons opposed CLinton bailing out Mexico in the 90s, too, with a $40 billion LOAN; Mexico recovered, and stopped a chain reaction of collapse, and paid us back with INTEREST.

Re: Good grief, we can't pay our own bills, Fannie Mae etc.
by firedog
It would probably be cheaper if they just paid off all the mortgages instead of giving money to those crooks.
Re: Good grief, we can't pay our own bills, Fannie Mae etc.
by Italia
Think about this. What affect will dozens and dozens of homes going into foreclosure or short sales in your neighborhood have on you? If you think it will have no affect you are wrong. Everybody suffers not just the people with the foreclosures.
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