Obama promises unlimited financial assistance to Fannie Mae, Freddie Mac

Dec 25, 2009 Full story: www.washingtonpost.com 327

The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary Congress.

The Christmas Eve announcement by the Treasury Department means that it can continue to run the companies, which were seized last year, as arms of the government for the rest of President Obama's current term.

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Hairy Mistress _D_

United States

#1 Dec 25, 2009
Geee this hitler movement seems to certainly be catching on huh?
Tom

Claremont, MN

#2 Dec 25, 2009
Hey look money fell down a deep dark evil hole.. I know lets throw more money after it.

“Global Warming is a Fraud”

Since: Dec 09

Sao Paulo

#3 Dec 25, 2009
Translation: Obamy promises unlimited redistribution of money confiscated from the middle class to insure loans to people who cannot repay them continue to be made.
Lance Winslow

San Francisco, CA

#4 Dec 25, 2009
Welcome back, GAPpy. Just meet the terms of your probation and the judge will let you stay with us again. Merry Christmas!

Since: Aug 08

Location hidden

#5 Dec 25, 2009
Amazing isn't it? They crap all over Wall Street and the banks paying the money back, but they do exactly the opposite with the companies they took over.

Since: Aug 08

Location hidden

#6 Dec 25, 2009
Lance Winslow wrote:
Welcome back, GAPpy. Just meet the terms of your probation and the judge will let you stay with us again. Merry Christmas!
Typical liberal idiot. Glad to see some things never change.

Thanks to the holidays, I have some spare time from my busy campaign running for Congress here in Georgia. My opponent, the incumbent and liberal, fake Blue Dog democrat, Congressman David Scott, keeps making my job easy by following lock step to Pelosi and Obama's orders.

The people of the 13th District are fed up with his inability to represent them, to respond to their demands to not support this administration's folly.
bank on it

Peebles, OH

#7 Dec 25, 2009
pay up
Lance Winslow

San Francisco, CA

#8 Dec 25, 2009
GAPatriot65 wrote:
Amazing isn't it? They crap all over Wall Street and the banks paying the money back, but they do exactly the opposite with the companies they took over.
Does the judge allow you to whine?

“Global Warming is a Fraud”

Since: Dec 09

Sao Paulo

#9 Dec 25, 2009
GAPatriot65 wrote:
<quoted text>
Thanks to the holidays, I have some spare time from my busy campaign running for Congress here in Georgia. My opponent, the incumbent and liberal, fake Blue Dog democrat, Congressman David Scott, keeps making my job easy by following lock step to Pelosi and Obama's orders.

The people of the 13th District are fed up with his inability to represent them, to respond to their demands to not support this administration's folly.
I hope your campaign platform includes working to repeal redistributionist scams passed by the outgoing liberal legislature such as Obamy's deathcare for the elderly scam and the crap and tax scam should either reach Obamy's desk for a siggy.
hopeandfaith

Memphis, TN

#10 Dec 25, 2009
Same song....second verse. Fannie and Freddie need not worry.....Obama has their backs covered. The new mantra of this era is......TOO BIG TO FAIL.
BHOsux

Denver, CO

#11 Dec 25, 2009
These Gov't programs are what got us in the financial situation we are in now. Talk about about throwing good money after bad. Typical Obama move. He is NO leader and calling him a bad manager would give him credit for some kind of skill.
BHOsux

Denver, CO

#12 Dec 25, 2009
Lance Winslow wrote:
Welcome back, GAPpy. Just meet the terms of your probation and the judge will let you stay with us again. Merry Christmas!
Not a very original post, Larry. Read a similar post that GAP made months ago, sans the Merry Christmas. Imitations IS the sincerest form of flattery.
lizbeth

Atlantic, VA

#13 Dec 25, 2009
Have you finely found out you have no control
over anything anymore. He has set his mind on
the "change" he talked so much about. Did any
of you believe this smooth talker would take
you down a path you had never seen before? And
there is no turning back from the trillons we
owe.

“i hope we can change this!”

Since: Aug 08

usa

#14 Dec 25, 2009
Lance Winslow wrote:
<quoted text>Does the judge allow you to whine?
jeez...
does it hurt being THAT friggin stupid?
Merry Christmas

Hollywood, FL

#15 Dec 25, 2009
George Bush, Queen Elizabeth, and Vladimir Putin all die and go to hell. While there, they spy a red phone and ask what the phone is for. The devil tells them it is for calling back to Earth.



Putin asks to call Russia and talks for 5 minutes. When he was finished the devil informs him that the cost is a million dollars, so Putin writes him a check.



Next Queen Elizabeth calls England and talks for 30 minutes. When she was finished the devil informs her that cost is 6 million dollars, so Queen Elizabeth writes him a check.



Finally George Bush gets his turn and talks for 4 hours. When he was finished the devil informed him that there would be no charge for the call and feel free to call the USA anytime.

When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA free. The devil replied,



"Since Obama became president of the USA , the country has gone to hell, so naturally it's a local call."



"The limits of tyrants are perscribed by the endurance of those whom they oppress." Frederick Douglass 1857
Leo

Tulsa, OK

#16 Dec 25, 2009
Merry Christmas wrote:
George Bush, Queen Elizabeth, and Vladimir Putin all die and go to hell. While there, they spy a red phone and ask what the phone is for. The devil tells them it is for calling back to Earth.
Putin asks to call Russia and talks for 5 minutes. When he was finished the devil informs him that the cost is a million dollars, so Putin writes him a check.
Next Queen Elizabeth calls England and talks for 30 minutes. When she was finished the devil informs her that cost is 6 million dollars, so Queen Elizabeth writes him a check.
Finally George Bush gets his turn and talks for 4 hours. When he was finished the devil informed him that there would be no charge for the call and feel free to call the USA anytime.
When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA free. The devil replied,
"Since Obama became president of the USA , the country has gone to hell, so naturally it's a local call."
"The limits of tyrants are perscribed by the endurance of those whom they oppress." Frederick Douglass 1857
Wow, you worked hard on that very poor joke just to insult Obama? Surely there is a more direct way for you to do that. The only accurate part of the joke is that Bush will spend his eternity in Hell.
Koren Orr

Beverly, MA

#17 Dec 25, 2009
Leo wrote:
<quoted text>The only accurate part of the joke is that Bush will spend his eternity in Hell.
Fact - tens of millions of Americans feel the same way about Obama as you do about Bush.

Since: Jan 07

Mifflinville, PA

#18 Dec 25, 2009
I know this is old but I've been told that the definition of insanity is doing the same thing over and over again and expecting different results.
Hopefully, the men in the white coats with the butterfly nets will be arriving en masse after the Christmas break.

“Dow hit 18,000 first time ever”

Since: Jun 07

Obama economics at work.

#19 Dec 25, 2009
I trust that President Obama is doing what is in the best interest of the nation. I am very happy with the job that he has done thus far; his brilliant and strong leadership prevented the collapse of our financial system. He has a proven streak of one success after another as we are seeing the beginning of the United States returning to peace and prosperity.
Tom

Claremont, MN

#20 Dec 25, 2009
Marine Corp Pat wrote:
I trust that President Obama is doing what is in the best interest of the nation. I am very happy with the job that he has done thus far; his brilliant and strong leadership prevented the collapse of our financial system. He has a proven streak of one success after another as we are seeing the beginning of the United States returning to peace and prosperity.
Said with glazed over eyes in a rehearsed way. Obama has continued destroying America right where Bush left off. What we need is soem conservatives in washington to give back this nation to the people. All we have now is commies and nazi,s running the show.

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