kallend 2,184 #51 March 29, 2010 Have you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #52 March 29, 2010 Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
kallend 2,184 #53 March 29, 2010 Quote Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Government sponsorship is not the same as government control. The Feds sponsor lots of university research but they don't control it. Fannie and Freddie have their own BODs and until they were placed in receivership were independent entities. You made the same error concerning the meaning of "control" with your confusion over independent medical advisory boards. Did you know there are now online dictionaries so you don't even have to buy one?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #54 March 29, 2010 Quote Quote Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Government sponsorship is not the same as government control. The Feds sponsor lots of university research but they don't control it. Fannie and Freddie have their own BODs and until they were placed in receivership were independent entities. You made the same error concerning the meaning of "control" with your confusion over independent medical advisory boards. Did you know there are now online dictionaries so you don't even have to buy one? Wanna buy a bridge?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,184 #55 March 29, 2010 Quote Quote Quote Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Government sponsorship is not the same as government control. The Feds sponsor lots of university research but they don't control it. Fannie and Freddie have their own BODs and until they were placed in receivership were independent entities. You made the same error concerning the meaning of "control" with your confusion over independent medical advisory boards. Did you know there are now online dictionaries so you don't even have to buy one? Wanna buy a bridge? Why, do you need to get rid of the one you bought?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #56 March 29, 2010 Quote Quote Quote Quote Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Government sponsorship is not the same as government control. The Feds sponsor lots of university research but they don't control it. Fannie and Freddie have their own BODs and until they were placed in receivership were independent entities. You made the same error concerning the meaning of "control" with your confusion over independent medical advisory boards. Did you know there are now online dictionaries so you don't even have to buy one? Wanna buy a bridge? Why, do you need to get rid of the one you bought? You might think so Wanna buy a bridge?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,184 #57 March 29, 2010 Have you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #58 March 29, 2010 QuoteHave you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself. You indicate that the gov has no or little influence over this Given that thought pattern I ask You wanna buy a bridge?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,184 #59 March 29, 2010 QuoteQuoteHave you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself. You indicate that the gov has no or little influence over this Given that thought pattern I ask You wanna buy a bridge? You still won't answer because you know the answer proves you wrong.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
mnealtx 0 #60 March 29, 2010 Quote Quote Quote Fannie was made an independent stockholder owned corp. in 1968. It's still a government-sponsored enterprise, as is Freddie Mac. Quote Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Government sponsorship is not the same as government control. The Feds sponsor lots of university research but they don't control it. Fannie and Freddie have their own BODs and until they were placed in receivership were independent entities. Perhaps you can show where I claimed that, perfesser - or you could just beat that strawman a bit more. Quote You made the same error concerning the meaning of "control" with your confusion over independent medical advisory boards. Did you know there are now online dictionaries so you don't even have to buy one? And you should avail yourself of one so you can look up 'existing' and 'law'.Mike I love you, Shannon and Jim. POPS 9708 , SCR 14706 Quote Share this post Link to post Share on other sites
rushmc 23 #61 March 29, 2010 QuoteQuoteQuoteHave you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself. You indicate that the gov has no or little influence over this Given that thought pattern I ask You wanna buy a bridge? You still won't answer because you know the answer proves you wrong. You have known all along that which I talk about CRA!! Interesting link and of course what or what it did not cause is a point of debate However this portion of the link gets to the point http://www.conservapedia.com/Community_Reinvestment_Act QuoteCriticism Critics claim that government policy encouraged the development of the subprime debacle through legislation like the CRA, which in effect forces banks to lend to the same otherwise uncreditworthy consumers they are now being criticized for accepting.[8] [9] Defenders of CRA disagree, pointing out that half of all subprime loans were made by institutions that are not subject to CRA and another substantial share of subprime loans were made by subsidiaries of banks that do not fully come under CRA. They estimate that the substantial number of riskier loans banks were forced to accept by CRA were not enough to be a problem.[10] "America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,184 #62 March 29, 2010 So even the unbiased source Conservapedia*** doesn't come right out and agree with you. And the FDIC and the Federal Reserve both disagree with you. As does common sense when the default rates are examined. *** Have you read Conservapedia's entries on evolution and creationism? It gives you an insight into the impartiality of the site. PS, Have you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself. ... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #63 March 29, 2010 Quote So even the unbiased source Conservapedia*** doesn't come right out and agree with you. And the FDIC and the Federal Reserve both disagree with you. As does common sense when the default rates are examined. *** Have you read Conservapedia's entries on evolution and creationism? It gives you an insight into the impartiality of the site. PS, Have you found out yet which government official ordered the big banks to invest in mortgage backed securities and told Moodys to give them "AAA" ratings despite being junk? And which federal law mandated Credit Default Swaps? Please don't keep this important information to yourself. Keep kicking your straw man out there Wanna buy a bridge?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,184 #64 March 29, 2010 Quote Wanna buy a bridge? I'm sorry you have one to sell. Who suckered you into buying it?... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #65 March 29, 2010 QuoteQuote Wanna buy a bridge? I'm sorry you have one to sell. Who suckered you into buying it? Maybe the same person who told you the gov has no influenc over private companies or Fannie and Freddie............"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
