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Thread: Geithner:No Going Back for Fannie and Freddie

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  1. #1
    Havakasha is offline

    Geithner:No Going Back for Fannie and Freddie

    Another in a long list of things the Obama administration is trying to tackle
    while Republicans continue to do nothing.

    http://www.cnbc.com/id/38734611

  2. #2
    SiriuslyLong is offline
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    SiriuslyLong's Avatar
    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    Hello McFly..... What political party has been bitching about Fannie and Freddie? Now the real question is whether or not Democrats will allow Republicans an opportunity to work together in committee, or will they shut them out for political reasons.

  3. #3
    Havakasha is offline
    Talk about old tired whining. Jeez.

    Just listened to an expert say last night that actually fannie and freddie were very successful for much of their existance. So you see some of your lack of knowledge leads to plain talking point material.

    According to Bill Gross (who run PiMCO) and is no lefty, the govt needs to remain in the mortgage business in some capacity.

    As long as Republicans are willing to show a sense of compromise (so far they havent) im sure legislative compromise can be worked out.
    Since the Republican party is moving further and further to the right (away from the center) it makes it harder and harder for both parties to come together to solve problems.
    Last edited by Havakasha; 08-17-2010 at 01:01 PM.

  4. #4
    Havakasha is offline
    "Without govt backing, some large investors have said they would stop buying mortgage bonds, a development that would be catastrophic both for the housing market and the broader economy."

    "The treasury has been canvassing a wide array of private sector bankers and public policy experts." I usually think of that as meaning they are seeking out alternative points of view. That is the sense of bipartisanship i was referring to
    You want Obama to do what Mitch McConnell wants. Silly.

  5. #5
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    The above reply is "demoease" for "yes, republicans will be shut out." It's the golden rule - he who has the gold makes the rules.

  6. #6
    Havakasha is offline
    It seems you prefer to call anything that the Republican leadership wants as compromise. Lol.


    And i know whenever Republicans ever regain power of the Presidency and Congress you will be crying about the Republicans lack of bipartisanship if the Democrats vote no (almost unanimously)
    on every piece of legislation. LMFAO. Of course the Democrats never quite did that even under Bush
    now did they? Remember when Bush had power along with Republican control of Congress for 6 years.
    Last edited by Havakasha; 08-17-2010 at 01:09 PM.

  7. #7
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    I fully understand the concept of visa versa. And I won't be complianing, but if I do, it will be orders of magnitude less than you LMFAO.

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