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Ada, MI

Should American Tax payers bail out Fannie and Fre

created by: momamarie | Jul 16, 2008

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12

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  • Posted in the Ada Forum
  • Hot Polls | Recent Polls
  • Yes
  • absolutely not
  • Maybe
  • I don't know

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momamarie
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#1
Jul 16, 2008
 
I just read a story that Congress is considering using our tax dollars to Bail out Freddie and Fanny Mae. I think they should consider tighting the laws that allowed unscupulious lenders to give underfinanced people loans, before they think of using my tax dollars to bail them out.

“Come, heed the wisdom”

Joined: Sep 26, 2007
Comments: 220
ISP Location: Waterford, MI
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#2
Jul 18, 2008
 

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It's idiotic to bail them out. As far as I'm concerned, if you loan people money and then can't make ends meet yourself then TOO BAD. I guess all those people you loaned money to are getting free mortgages now.

You want to stimulate the economy? Let everyone who owed money to those two off the hook.
momamarie
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#3
Jul 18, 2008
 
It seems to me everytime someone gets into trouble financially farmer, auto industry, or what ever the feds think it is ok to bail them out. What ever happened to responsible management. Did it ever exist and what about free interprise dose it exist today? Hmm
Alex Jones
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#4
Jul 19, 2008
 
It's no surprise that this question attracts little attention. The morons are more concerned about Britney Spears than how much their government is screwing them via the Fed. They will figure it out soon. Too bad it's too late.

“My Hero - Muttley ”

Joined: Nov 13, 2007
Comments: 2117
Grand Rapids MI
ISP Location: Grand Rapids, MI
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#5
Jul 20, 2008
 

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Sorry, I was going to post but can't right now - I just get the giggles everytime I see or hear the word Fannie!

“My Head Hurts”

Joined: Oct 1, 2007
Comments: 2298
Big Rapids
ISP Location: Middleville, MI
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#6
Jul 20, 2008
 

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Trouser Cough wrote:
Sorry, I was going to post but can't right now - I just get the giggles everytime I see or hear the word Fannie!
TeeHee, makes you wonder who came up with that name and why. Wonder if it was on the "Bottom" of the list!
Alex Jones
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#7
Jul 20, 2008
 
See what I mean.

“My Head Hurts”

Joined: Oct 1, 2007
Comments: 2298
Big Rapids
ISP Location: Middleville, MI
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#8
Jul 20, 2008
 
Alex Jones wrote:
See what I mean.
Maybe we were just Blown Away by your first great post that gave a clear and concise response to the topic.

“Be Happy Don't Worry!”

Joined: Apr 15, 2008
Comments: 557
Wyoming
ISP Location: Hartville, OH
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#9
Jul 20, 2008
 

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Why should our Government bail out companies that can't uphold their own and be responsible with their money and lending. it's like with the airlines when the government bailed them out. Just assine.
Alex Jones
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#10
Jul 20, 2008
 
It's called fascism. It's called corporatism. They're called the New World Order.
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