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liberal_at_heart

(12,081 posts)

5. ah, I was wonding what would be privatized next.

Reply to cali (Original post)

Tue Aug 6, 2013, 08:54 PM

Aug 2013

Last edited Tue Aug 6, 2013, 11:23 PM - Edit history (1)

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Obama says it is time to wind down Fannie and Freddie- let private investors have bigger role [View all] cali Aug 2013 OP

Privatizing used to be a GOP thing leftstreet Aug 2013 #1

Obama LWolf Aug 2013 #38

In this case, private lending took the profits and left government (taxpayers) with losses. SharonAnn Aug 2013 #52

How much did the banks get in their bailout? Autumn Aug 2013 #2

enough to continue gaming the market large PowerToThePeople Aug 2013 #6

That's about it. Autumn Aug 2013 #7

NGOs are fraught with moral hazard Bunnahabhain Aug 2013 #3

So only the very rich should have private homes GiaGiovanni Aug 2013 #4

Is that what I said? Bunnahabhain Aug 2013 #11

That seemed to be the implication if you follow the argument to its logical conclusion GiaGiovanni Aug 2013 #20

No, but it is the ultimate outcome. nt kelliekat44 Aug 2013 #29

So you think Bunnahabhain Aug 2013 #33

Is that the type of housing you live in? MotherPetrie Aug 2013 #26

I live in the US Bunnahabhain Aug 2013 #34

ROFL. Didn't think so. MotherPetrie Aug 2013 #36

ROFL. So this negates what I'm saying? Bunnahabhain Aug 2013 #37

Your telling avoidance of the simple word "no" in response to my simple question amused me. MotherPetrie Aug 2013 #41

Your dwelling on non-relevant to the conversation things amuses me Bunnahabhain Aug 2013 #42

Uh-huh. MotherPetrie Aug 2013 #45

Yup Bunnahabhain Aug 2013 #46

ah, I was wonding what would be privatized next. liberal_at_heart Aug 2013 #5

These are ProSense Aug 2013 #8

Sort of. And you know it tkmorris Aug 2013 #19

He was talking about in terms of what these private organizations already engage in. ProSense Aug 2013 #21

The President didn't say... kentuck Aug 2013 #22

They fucked Freddy in our Fannie jberryhill Aug 2013 #27

What a shock. Another bad republican idea being sold by a nominal Democrat. n/t Egalitarian Thug Aug 2013 #9

Our "limited government role" appears to be to bail out the Capitalists after they screw us. Tierra_y_Libertad Aug 2013 #10

Yes and reward them for the great screw job with great Rex Aug 2013 #25

I heard Jared Bernstein,a spokesperson for the administration I believe, senseandsensibility Aug 2013 #12

Fannie and Freddie certainly contributed to the mortgage crisis Trekologer Aug 2013 #13

Actually, they created the moral hazard Bunnahabhain Aug 2013 #14

Whoops, you're right Trekologer Aug 2013 #15

Cheers, mate! Bunnahabhain Aug 2013 #17

Right on! kentuck Aug 2013 #23

He just wants to remove the guarantee of a federal bailout if investors fuck up again. millennialmax Aug 2013 #16

The conservatives must be partying tonight. nm rhett o rick Aug 2013 #24

" limited government role" until they need cash. The President gave us a gift on his birthday. Safetykitten Aug 2013 #18

Obama's speech on home ownership (Tues, Aug 6, 2013) PoliticAverse Aug 2013 #28

like THATS going to help DiverDave Aug 2013 #30

Fannie and Freddie are already private Trekologer Aug 2013 #31

Fannie Mae, at least, isn't a "private" company in the strictest sense HoneychildMooseMoss Aug 2013 #44

That's because the government had to bail them out Trekologer Aug 2013 #56

Excellent, another Republican approved plan Obama is jumping on board with LondonReign2 Aug 2013 #32

The Obama Adminstration has gone off the rails Harmony Blue Aug 2013 #35

As if they ever had rails. Safetykitten Aug 2013 #48

There's a new one every day. woo me with science Aug 2013 #39

Is that a Trojan Horse? n/t ProSense Aug 2013 #40

No, its a trojan bunny. darkangel218 Aug 2013 #54

Good. Fannie and Freddie's risks are borne by the taxpayer, Nye Bevan Aug 2013 #43

Not good. they are not strictly private and the UK is a terrible example to use cali Aug 2013 #49

It's private. Government entities do not trade on the stock market. n/t ProSense Aug 2013 #50

not wholly private. sorry cali Aug 2013 #51

The first link is about the bailout arrangement. ProSense Aug 2013 #53

"U.S. Homeownership Rate Falls to Lowest Since 1995" Nye Bevan Aug 2013 #55

Oh FFS. Maybe I need to burn my Dem registration card cause what I got for my vote isn't a Dem. L0oniX Aug 2013 #47