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Posted by: doppich 1 year, 3 months ago

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doppich1 year, 3 months ago

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Privatized in 1968, deprivatized in 2008. Forty years of looting culminating in the taxpayers holding the bag - again.

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  wtagg1 year, 3 months ago
  
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  Where is the conservatism in that?
  
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  nostalgia1 year, 3 months ago
  
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  Fannie and Freddie were never REALLY private
  Everyone knew that if they got into trouble the Feds would bail them out
  High time to stop having "quasi" private organizations
  You've been bailing out Amtrak for years
  And since it is election time, do you really think that homeowners who were such poor risks they didn't qualify for Federal help under the bailout legislation will actually be denied?
  
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    doppich1 year, 3 months ago
    
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    The profits were privatized. The losses...well, we're seeing what happens.
    
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