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Old 09-22-2008, 09:54 PM
 
5,340 posts, read 13,950,197 times
Reputation: 1189

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Some of these posts are just rediculous - I'm surprised Tahiti has not scolded yet.

I have to say, if the government is going to give a HUGE bailout to all these fat cats on our dime they had BETTER make sure they have strings attached so the rich b@stards that got us into this mess don't get their bonuses on MY taxes. Because I swear, I'll go postal if they do... I'm sooooo sick of this crap.
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Old 09-23-2008, 09:42 AM
 
Location: High Bridge
2,736 posts, read 9,669,512 times
Reputation: 673
OH.

MY.

GOD.

People, please. There is a rather distinct difference between Fannie Mae/Freddie Mac and private companies. FFS, read the difference, know the difference. If you want to complain about PRIVATE company support, go for it.

If you want to complain about government involvement in a GOVERNMENT ENTERPRISE, you have no clue wtf you're talking about. Seriously.

Let me try and phrase this differently.

The government has always been involved in the government programs commonly called Fannie Mae and Freddie Mac because they were created by the government and not a private entity.
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Old 09-23-2008, 10:40 AM
 
5,340 posts, read 13,950,197 times
Reputation: 1189
I agree CuCu... but I'm talking about AIG etc....
Did I mention I'm sick. I'm delerious. LOL
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Old 09-23-2008, 11:25 AM
 
Location: High Bridge
2,736 posts, read 9,669,512 times
Reputation: 673
Quote:
Originally Posted by EEEPNJ View Post
I agree CuCu... but I'm talking about AIG etc....
Did I mention I'm sick. I'm delerious. LOL
I wasn't commenting on you - theres several pages of thread here where people keep talking about Fannie Mae/Freddie Mac without an understanding of what they are; block and Delphi for example.

Private company bailouts are a separate issue, and no matter what people want to do with their silly, useless, nonsensical references to socialism, they have no concept of whats actually going on here. I should mention part of the blame belongs in the media, for also being full of nonsensical moronic gibberish about a market they don't understand; if they did, they would have already profited and wouldn't be working as a reporter.
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