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In reply to the discussion: Obama to Propose Eliminating Fannie Mae, Freddie Mac [View all]cstanleytech
(26,284 posts)24. Still I wish he could work on breaking up the banks themselves into smaller ones but I
understand why he wont because lets be honest here the truth is such a proposal stands a snowballs chance in hell of getting passed congress or the senate as to many of them (and by them I mean all of congress and the senate) tend to get money either from the banks themselves and or from the people from the banks.
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Thanks for the link. Looks like the point is to prevent future bank bailouts.
SunSeeker
Aug 2013
#14
I wonder how incredibly ignorant people still are about this? The right-wing spin machine worked
jtuck004
Aug 2013
#2
I'm expect some chewing, but I no longer care. Fannie and Freddie weren't blameless, especially when
jtuck004
Aug 2013
#4
Not to mention the inconsistency of this compared to what he proposed for student loans. The
jwirr
Aug 2013
#20
Once again Obama proposes stealing from poor and middle class to give to the rich
bowens43
Aug 2013
#8
Still I wish he could work on breaking up the banks themselves into smaller ones but I
cstanleytech
Aug 2013
#24
Chelsea didn't need no stinkin Fannie Mae to buy her $10.5 million Manhattan "apartment".
Divernan
Aug 2013
#10
I honestly dont mind them buying such a house, I would do it if I could afford it.
cstanleytech
Aug 2013
#25
Why on earth would 2 adults need 6 and 1/2 bathrooms in a one story apartment?
Divernan
Aug 2013
#40
Just how typical is it for a 30-something couple to spend $10 mil on a Manhattan apt?
Divernan
Aug 2013
#56
No, for-profits previously originated AND serviced student loans. Now only nonprofits service loans.
SunSeeker
Aug 2013
#49
" new Glass-Steagall act breaks up the "too big to fail" banks." I really wish they would do that.
cstanleytech
Aug 2013
#26
What makes me maddest though is the government bailed them out but the government
cstanleytech
Aug 2013
#58
Are there any party favors from the big collapse party? Oh, here, look what's left!
Safetykitten
Aug 2013
#34
I imagine the assets (homes) owned by those two would go to Wall Street.
Fire Walk With Me
Aug 2013
#64