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Posted by: Justice4All 1 year, 3 months ago

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Justice4All1 year, 3 months ago

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How much will this cost the taxpayers? I'm tired of paying everyone else's bills.

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  nostalgia1 year, 3 months ago
  
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  Fannie and Freddie should be dismantled after the housing market is stabilized
  Interesting history on these 2 monstrocities:
  http://www.creativeinvest.com/fnma/fnmapr12.html
  
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  nostalgia1 year, 3 months ago
  
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  Hold on to your hat!
  Freddie and Fannie currently hold $5.2 trillion in mortgage loans and guarantees. The riskiest loans, known as the alt-A and subprime mortgages, constitute about 15 percent of that portfolio, worth about $780 billion
  http://tpmcafe.talkingpointsmemo.com/2008/07/25/fr...
  
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    Justice4All1 year, 3 months ago
    
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    So while I'm saving to buy a house my taxes will go up in order to pay the mortgage of someone who bought a home they couldn't afford.
    I think it's time for the government to buy me a house.....
    
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      nostalgia1 year, 3 months ago
      
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      YEP
      Read the bailout legislation
      You are going to end up buying many homes - just not one you can live in
      
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