Obama Admin to End Fannie, Freddie

[Gothampc]

Posted: 2/11/11 at 1:28pm

The Obama Administration is ending Fannie Mae and Freddie Mac.

Didn't see that one coming.
Link

[tazber]

Posted: 2/11/11 at 1:35pm

Actually this has been discussed endlessly for months amongst investment and mortgage professionals.

Posted: 2/11/11 at 1:43pm

Goth, did you leave out the part where you praised Obama for this, seeing as how conservatives have been bitching about the FNMA since it's creation during the great depression?

[Mister Matt]

Posted: 2/11/11 at 1:44pm

I wonder how long it will take Fox News to find a way to express outrage over this in order to placate the mood of the Tea Party.

[madbrian]

Posted: 2/11/11 at 2:07pm

I think "Didn't see that one coming" is about as much praise as Goth/Fox/Beck/Hannity would ever give Obama.

[ErikJ972]

Posted: 2/11/11 at 2:14pm

He's also cutting funding for heating assistance to the poor after one of the harshest winter's ever. He's also cutting funding to community agencies that serve poor communities. I guess he had to pay for his tax cuts to the wealthy somehow. It's all part of that shared sacrifice that only poor people and the middle class have to make. And idiots like Goth still call him a socialist.
Obama's budget cuts target the poor.

[Gothampc]

Posted: 2/11/11 at 4:33pm

"And idiots like Goth still call him a socialist."

He is a socialist. People who create massive national healthcare plans are socialist.

He's not cutting to pay for tax cuts, because the cuts will generate revenue.

And if he were so concerned about heating assistance to the poor, he could cut out some of his trips on Air Force One. For a person who wanted to be in the White House, he certainly doesn't spend much time there. He still acts like he's campaigning.

[ErikJ972]

Posted: 2/11/11 at 4:36pm

"He's not cutting to pay for tax cuts, because the cuts will generate revenue."

Of course this has been proven wrong over and over and over again. The reality is the Bush tax cuts are a big part of what got us into this mess to begin with. But I guess if you repeat something so stupid over and over again you start to believe it.

What's amazing is you should be estatic about these cuts! It's exactly what the right has been calling for. But you still can't give the man credit even when he does exactly what you want. Why is that Goth? Because you're not capable of independent thinking? Because you think he's a Muslim? Updated On: 2/11/11 at 04:36 PM

[Gothampc]

Posted: 2/11/11 at 4:51pm

"But you still can't give the man credit even when he does exactly what you want."

He hasn't done exactly what I want. There's a catch in there that we haven't seen. Obama's not going to dissolve Fannie/Freddie without putting something worse in place.

And his leadership is terrible. His handling of events in Egypt are horrible. He says one thing, Biden says another, Hillary says something totally different, Panetta doesn't know what's going on. He's a joke on the world stage.

[ErikJ972]

Posted: 2/11/11 at 5:04pm

Because when it come to Egypt he was caught with his pants down. Just like any President since Reagan would have been. That's what you get when you're country supports a criminal like Mubarak.

[Gothampc]

Posted: 2/11/11 at 5:13pm

"Just like any President since Reagan would have been."

Well we'll see how good Obama's diplomatic skills are when the new regime blocks the Suez Canal and the US gets no oil.

[ErikJ972]

Posted: 2/11/11 at 5:23pm

"Well we'll see how good Obama's diplomatic skills are when the new regime blocks the Suez Canal and the US gets no oil."

Yes. Because only 2% of the oil supply for THE WHOLE WORLD flows through the Suez Canal. Sometimes it helps to have facts before you make statements Goth. Unless you work for Fox news.

[madbrian]

Posted: 2/11/11 at 5:27pm

"He is a socialist. People who create massive national healthcare plans are socialist."

Once again, facts and truth seem to be the enemy of Goth/Fox/fringe.

[Q]

Posted: 2/11/11 at 6:24pm

"He hasn't done exactly what I want. There's a catch in there that we haven't seen."

So, if you can't hate him for what he's done, you can hate him for what you imagine he might do?

Oy.

[Reginald Tresilian]

Posted: 2/11/11 at 6:39pm

Right. And whatever it is, it's going to be WORSE.

Whatever it is.

[ErikJ972]

Posted: 2/11/11 at 6:41pm

This reminds me of Goth. And Glen Beck.
Communism

[fingerlakessinger]

Posted: 2/11/11 at 9:02pm

Correct me if I am wrong, but aren't there a lot of countries around the world that have National Healthcare, including Great Britain, last time I checked they were not under Socialist rule.

And your blasting Obama for using Air Force One too much? Excuse me? Bush made the freaking mansion down in Texas his "I dont know how to handle things so I'm gonna run away" hide away.

Goth, you are digging yourself into a deeper grave.

Posted: 2/12/11 at 1:26pm

Goth could you please give me AN example of any of the time that "He says one thing, Biden says another, Hillary says something totally different"

And of course you can't because it never happened. NEVER. N-E-V-E-R. You are a flat out liar.

[AEA AGMA SM]

Posted: 2/12/11 at 1:38pm

I'm sure there are plenty of examples, Joe. Of course you'd have to ignore that they are saying different things because they are talking about different subjects, but I'm sure Fox News can find a way to do it so that certain people here can come brag about it.

[singtopher]

Posted: 2/12/11 at 2:26pm

Speaking of national health care, did anyone catch 30 Rock this week?

"NO! We WILL pay you money!" "We're going to find a hospital that will let us pay them!" /paraphrasing.

Posted: 2/12/11 at 2:50pm

GOOD POINT! I guess he didn't specify that they were all talking about the same thing so If Obama said good morning, Joe Biden said hello and Hillary Clinton said greetings, he'd have his example.