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Republicans want mortgage giants Fannie Mae, Freddie Mac to be private companies again

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The housing giants were put under government control during the global financial crisis in 2008. A proposal by Sen. Mike Crapo could be a turning point in a long-ranging debate about whether Fannie Mae and Freddie Mac should be abolished.

 

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As a taxpayer NO! NO!! NO!!! We don't need to have to bail them out again because they are private. The greedy rich want to get all the money. US taxpayers deserve to get the money after we had to bail them out. If those greedy people want, start their own finance companies.

What a freakin' disaster

And 'privatization' has benefited consumers when exactly? (awkward silence.)

Of course. They want most of government to be privitized. That's why we have healthcare for profit. That's why so many are supporting charter schools. They seem to think that the private sector can do everything better than government. Not.

Of course they do.

GOP=Get Our Piece

Do they really think they can be trusted with any finance decisions?

As opposed to having their profits sucked dry by treasury and eventually wound down? I’m sure the large private banks had my best interests in mind while they were lobbying to keep the status quo

Because that went so well....🤦‍♀️

They never were private.

Replace mortgages with 20-year leases

Cause we all saw how well THAT worked!

You can't leave off the part where the BarackObama admin restructured the deal in a way not even the mob could get away with. Not only has the Gov received $90B in profit but FNMA & FMCC still technically owe the gov the full amount of the bailout.

The republican motto is; If it works, break it.

Amazing. Anything to figure out a way to high risk and self-serve.

RUSSIAN MOBS & MAFIA MOBS CASH CHEQUES WHEN vets DEMAND BUT SUPPLIES ARE REDUCED (A WALL ON THE BORDER WITH MEXICO) DOES RISE INCENTIVES FOR SELLING PAIN RELIEF MEDICATIONS on LOCAL STREETS. In LOWELL, MA Average street price for Street PAIN RELIEF MEDICATION is $60 per pill

Yes

Sure they do. They are so greedy. Disgusting.

Democrats want to murder babies...post-delivery. I think you might be focusing on the wrong thing.

Nope.

Yesssss

No.

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