You're mine now !!!

SteamWake · 04-06-09, 08:53 AM

Obama refuses repayment of Tarp funds, maintains control of the banks.

http://online.wsj.com/article/SB123879833094588163.html

Also when you werent paying attention.

"Fannie Mae & Freddie Mac employees get big bonuses, bigger than AIG's"

http://www.cnn.com/2009/POLITICS/03/19/fannie.bonuses/

GoldenRivet · 04-06-09, 01:03 PM

I am Jack's complete lack of surprise

UnderseaLcpl · 04-06-09, 02:21 PM

How depressingly typical. Change indeed.

So..... who wants to join my militia?

GoldenRivet · 04-06-09, 02:44 PM

Quote:

Originally Posted by UnderseaLcpl

How depressingly typical. Change indeed.

So..... who wants to join my militia?

Im in

AVGWarhawk · 04-06-09, 02:50 PM

Well, Freddie Mac and Fanny Mae...did we expect anything less

I'm sure Barney Frank will dig into their pants....ah ur...pockets and get it back.

Obama and keeping control. In a way, I'm ok with this. We see what happened when no one was looking. These institutions brought the world to a stop economically. I think this is good for a while. However, I would like my money back with interest after a while.

GoldenRivet · 04-06-09, 02:52 PM

Quote:

Originally Posted by AVGWarhawk

However, I would like my money back with interest after a while.

yeah right

UnderseaLcpl · 04-06-09, 03:02 PM

Quote:

Originally Posted by AVGWarhawk

Obama and keeping control. In a way, I'm ok with this. We see what happened when no one was looking. These institutions brought the world to a stop economically. I think this is good for a while. However, I would like my money back with interest after a while.

If you think there's even a remote responsibility that the Federal Government will do this for "a while" or that you'd ever get some kind of net profit out of your taxpayer dollars, I think you are in for a disappointment my friend.

What I fail to understand is how private banks are still seen as the causation of all this. Fannie and Freddy were by far the biggest subprime lenders, the state requires banks to give loans to subprime customers in some cases, and the Fed made subprimes the only reasonable approach to profitability by keeping the interest rates so low for so long.

04-06-09, 08:53 AM	#1
SteamWake Rear Admiral Join Date: Mar 2005 Posts: 13,224 Downloads: 5 Uploads: 0	You're mine now !!! Obama refuses repayment of Tarp funds, maintains control of the banks. http://online.wsj.com/article/SB123879833094588163.html Also when you werent paying attention. "Fannie Mae & Freddie Mac employees get big bonuses, bigger than AIG's" http://www.cnn.com/2009/POLITICS/03/19/fannie.bonuses/ __________________ Follow the progress of Mr. Mulligan : http://www.subsim.com/radioroom/showthread.php?t=147648

04-06-09, 01:03 PM	#2
GoldenRivet Subsim Aviator Join Date: Mar 2007 Location: Texas Posts: 8,726 Downloads: 146 Uploads: 0	I am Jack's complete lack of surprise __________________

04-06-09, 02:21 PM	#3
UnderseaLcpl Silent Hunter Join Date: May 2008 Location: Storming the beaches! Posts: 4,254 Downloads: 0 Uploads: 0	How depressingly typical. Change indeed. So..... who wants to join my militia? __________________ I stole this sig from Task Force

04-06-09, 02:50 PM	#5
AVGWarhawk Lucky Jack Join Date: Jun 2005 Location: In a 1954 Buick. Posts: 28,253 Downloads: 90 Uploads: 0	Well, Freddie Mac and Fanny Mae...did we expect anything less I'm sure Barney Frank will dig into their pants....ah ur...pockets and get it back. Obama and keeping control. In a way, I'm ok with this. We see what happened when no one was looking. These institutions brought the world to a stop economically. I think this is good for a while. However, I would like my money back with interest after a while. __________________ “You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road