Quote:
Originally Posted by cre8flow
are you saying that fannie mae and the dems arent at fault here
are you saying fannie mae didnt pay obama 120k-2nd most amount of all politicians-and it only took him 3 years to get that amount
are you saying that fannie mae and freddie mac did not cause the sub prime mortagage crisis
the two companies owned or garunteed half the 12 trillion dollar mortgage market
and clinton urged these two to take on more subprime
Bush Proposed Fannie Mae / Freddie Mac Supervision In 2003 | Bucks Right |
Yes that's what i'm saying this fannie-mae crisis is not democrats or republican fault as you keep trying to throw the blame on. Several politicans got money from both groups, as they have done for years, getting 120 thousand over a three year period is not bad considering what other companies have gave politicans.
Fannie-mae and freddie mac, is the results of very poor management policy of taking on ore than they could cover, and the realtors over priced homes so there profits would be hugh.
Once again your dead set on trying to make this finance crisis a political movement which it's not. It's no more than companies making loans with tricky wording on the interest on these loans, and people not being to pay them.
It's very easy for you to set there and point fingers especially when it's right in the middle of an election year, but stop trying to point the finger at either Obama,McCain and now your throwing in Clinton. It's a greed problem by dumbass people thinking the money river wouldn't dry up.