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U.S. Move to Cover Fannie, Freddie Losses Stirs Controversy
Wall St. Journal ^ | JAMES R. HAGERTY and JESSICA HOLZER

Posted on 12/26/2009 5:30:51 PM PST by Stayfree

The Treasury announced Thursday it was removing the caps that limited the amount of available capital to the companies to $200 billion each.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Government
KEYWORDS: bailout; bernanke; coverup; fanniemae; fmac; fnma; freddiemac; geithner; losses; treasury
OBAMA COVERUP!
1 posted on 12/26/2009 5:30:51 PM PST by Stayfree
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To: Stayfree
If this doesn't frighten the pee out of you, you clearly don't understand the implications.
2 posted on 12/26/2009 5:34:29 PM PST by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: Stayfree

At the same time that NObama is limiting compensation for Corporations—he is giving the heads of these 2 companies free rein for bonuses!!!

There is absolutely NOTHING transparent about this administration.

Pelosi, Reid, Dodd, Schumer, Leiberman, and lots of others HAVE TO GO.


3 posted on 12/26/2009 5:39:40 PM PST by ridesthemiles
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To: Stayfree
U.S. Move to Cover Fannie

somehow that part of the title conjures up a whole different image on first reading.

4 posted on 12/26/2009 5:41:30 PM PST by SandRat (Duty, Honor, Country! What else needs said?)
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To: E. Pluribus Unum

No kidding.

Can you say, dollar devaluation? I knew you could.


5 posted on 12/26/2009 5:45:32 PM PST by TruthConquers (Delendae sunt publicae scholae)
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To: Stayfree

In order for the administration to redistribute US middle class property, it must get ahold of as much of it as it can. The plan to issue mortgages practically guaranteed to fail is the tool to achieve that end. The middle class is fully paying for the govts plan to distribute middle class property. It is a sophisticated American updating of the crude methods used by the Bolsheviks in the movie Dr. Zhivago (the complete version, not the one in tv reruns which have cut the redistributionist scenes).


6 posted on 12/26/2009 5:50:39 PM PST by givemELL (Does Taiwan Meet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
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To: E. Pluribus Unum

This is insanity.


7 posted on 12/26/2009 5:52:42 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: E. Pluribus Unum
Some Republicans are angry the administration is expanding the potential size of the bailout without having a plan for eventually ending the federal government's role in the companies.

Silly Republicans, that's because the Federal governments role is planned never to end.

L

8 posted on 12/26/2009 6:01:31 PM PST by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: givemELL

I have only seen Dr. Zhivago on tv.

How do you think this redistributionist scheme work here in the US?

I understand that the CDS holders are profiting at the expense of the tax payer; that the banks and states are essentially insolvent, and that foreign central banks will not be able to buy our treasuries that are coming due all next year. They can not do it for much longer. The financial implosion ball can not be held up in the air much longer.


9 posted on 12/26/2009 6:03:37 PM PST by TruthConquers (Delendae sunt publicae scholae)
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To: Stayfree

If the dumbass congresscritters would stay out of the banking business (and every other business for that matter), this story would never have been written because it never would have happened.


10 posted on 12/26/2009 6:05:29 PM PST by elkfersupper (Member of the Original Defiant Class)
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To: TruthConquers; Stayfree

YHGTBFKM (You hav got to be f——— kidding me.)

Any pix of these pigs?


11 posted on 12/26/2009 6:07:16 PM PST by John Galt's cousin (Palin - 2012: Our best hope! Repeal the 17th Amendment!)
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To: Lurker
Silly Republicans, that's because the Federal governments role is planned never to end.

Actually, I believe that Obama's assignment from George Soros is to annihilate the entire global economy, starting with the US.

What better way to create the human-free utopia envisioned by the eco-wackos?

They make no bones about the fact that they would like to reduce the population of the world down to about 100-million.

There is only one way to get there, and that's to starve the other six billion.

12 posted on 12/26/2009 6:08:10 PM PST by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: Stayfree

Democrats pray to their God. That being greed, power, and corruption.


13 posted on 12/26/2009 6:41:25 PM PST by ExTexasRedhead (Clean the RAT/RINO Sewer in 2010 and 2012)
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To: Stayfree

Obama feigns outrage over bonuses, then approves bigger bailout for bonus-givers Fannie and Freddie

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Obama-feigns-outrage-over-bonuses-then-approves-bailout-for-bonus-givers-Fannie-and-Freddie—80147272.html


14 posted on 12/26/2009 6:48:36 PM PST by FromLori (FromLori)
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To: Stayfree
We are sliding into the hell mouth every second, on so many fronts.
15 posted on 12/26/2009 7:02:18 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah."Our middle regiment, Gloria Patri, Filio et Spirito Sancto.)
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To: elkfersupper

Government is great at creating problems and then great at creating more problems by trying to fix the problems they created (does that make sense, I ask myself?).

http://pushbackuntil.com!

Be in D.C.!


16 posted on 12/26/2009 8:27:18 PM PST by DennisR (Look around - God gives countless, indisputable, and unambiguous clues that He does, indeed, exist.)
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To: Stayfree; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...

The list, ping


17 posted on 12/26/2009 10:55:48 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: DennisR
Be in D.C.!

Those people don't care.

They don't even want to hear about it or see protestors

18 posted on 12/27/2009 4:56:20 PM PST by elkfersupper (Member of the Original Defiant Class)
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To: elkfersupper

Understand. But our target is really the American people who have been asleep for the last several decades. If we make no noise and commotion, the status quo will continue indefinitely. And hopefully this will lead to a change in voting patterns. The point is that we have to try anything and everything to get our country back. I, for one, am willing to try and not stand by and stare, that’s all.


19 posted on 12/27/2009 9:57:29 PM PST by DennisR (Look around - God gives countless, indisputable, and unambiguous clues that He does, indeed, exist.)
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