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  • GM, AIG, Fannie and Freddie: Bailouts in Common? [View article]
    Gen. Change,

    I like your spirit. But the young imaginative leaders you speak of are busy booking trips on expedia to visit Ireland before relocating their business
    Oct 28 18:22 pm |Rating: 0 0 |Link to Comment
  • GM, AIG, Fannie and Freddie: Bailouts in Common? [View article]
    oh yeah...

    where are those 'evil' oil speculators????

    have we already burned them at the stake? Guess we'll just have to wait to enact outrageous legislation NEXT SUMMER with OBAMA and his 300+ liberal cronies
    Oct 28 00:45 am |Rating: 0 0 |Link to Comment
  • GM, AIG, Fannie and Freddie: Bailouts in Common? [View article]
    madasiwannabe,

    GM is now a GSE... along with the financials of our country

    as a matter of fact, I think most businesses are GSE's... except my business of course.

    curbs- where ya been?
    have you started 'the forgotten man' yet?

    it will make your eyes bleed!
    Oct 28 00:41 am |Rating: 0 0 |Link to Comment
  • GM, AIG, Fannie and Freddie: Bailouts in Common? [View article]
    Mr. author,

    Gm already received a 25 billion dollar loan from the government earlier this month!

    your article should have been written then as a question...

    It was done the week before the 'bailout' was passed....

    Question, where did the gov. get that 25B loan to give in the first place?!
    that is an article worth writing
    Oct 27 16:31 pm |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    muley,

    sounds good, but I don't know how many of these 'high-risk' borrowers or simply someone that no longer can afford their mortgage... do they really have 401k's?

    I do like the thinking outside the box though. There were and are several measures that wouldn't castrate and demonize capitalism
    Oct 06 23:25 pm |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    Bryan B...

    I voted for Bush 2x... but I explicitly remember him touting "record homeowner ship" countless times during his tenure.

    It goes both ways, if he claims it, I give it to him...

    As for Obama, he is up in the polls because the average American is an uniformed, dumb and lazy too busy looking for a hand out.

    Fret not, I have a prescription for the above problem for us Americans... it will be here soon. We NEED some hard times to check ourselves, get off our butts and arm the people with knowledge.

    With the financial meltdown en route, its time for an attitude adjustment
    Oct 06 09:05 am |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    Oh yeah, and BOTH parties have blame even if the Dems are primarily responsible... the Reps didn't change anything.

    I don't pay congress to suggest or warn of potential danger... FIX IT


    I want a politician with a SPINE!
    and a PAIR
    Oct 06 00:33 am |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    furthermore Bryan B:

    explaining the ACTUAL cause to Dr. Thoma is a waste of time... someone that doesn't listen rarely hears you
    Oct 06 00:30 am |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    Bryan B,
    you could have summarized your statement of who caused the problem as the GOVERNMENT... the conduit, fannie and freddie

    co-conspirators as Alan 'low rate' greenspan... charge -negligence.

    wall-street acted as capitalist seizing the moment and various accountants doubling as chefs while in the kitchen.

    you can perform an autopsy to determine 'actual' cause of death... I choose to categorize the event as a single gunshot to the head
    Oct 06 00:27 am |Rating: 0 0 |Link to Comment
  • Fannie and Freddie Did Not Cause This Crisis [View article]
    Mark Thoma,

    1. you're right, fannie & freddie didn't cause the crisis. THE GOV. did by guaranteeing the loans!

    there was no 'inability' to measure risk... THERE WAS NO RISK!
    uncle sam picks up the tab! on what level do you NOT understand?

    then Clinton informed Fannie & Freddie to increase its portfolio of sub-prime and alt-a debt... as a written ORDER

    Risk was in play until the CRA loosened lending STANDARDS, not PRACTICES.
    When you loosen lending standards on for a loan co-signed by the government you further exploit the LACK of risk.

    things were fine and dandy on GSE's until the lending standards were FORCED to lend to RISKY borrowers PER ACORN and your apparent bosses in the democratic party!

    How much did Barney Frank pay you to write this garbage?

    Your misunderstanding about the current situation DESPITE your YEARS of education in the field of economics is easy to believe given the fact that you obviously sat through years of left wing economic propaganda without having the faintest idea the 'education' you were receiving was garbage!

    Somewhere along the way to your PHD you obviously forgot your 101 course of economics!

    But I guess if you really had a grasp on the situation, you would be in the private sector making money instead of on your BLOG
    Oct 06 00:06 am |Rating: 0 0 |Link to Comment
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