Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: BIOCHEMKY

Freddie and Fannie are technically private corporations. While they may be in receivership by the Feds at the moment, and own a federal charter, they are still ostensibly private.

While this is a nice tempest in a teapot to get worked up over, I prefer that a stand is taken to deny FOIA requests about private companies rather than the converse. Would you like any company which gets a dime from Uncle Sam or even a guarantee to be on the hook for FOIA requests? Don’t you see what damage the left would do with such a tool?

It’s always prudent to look for the unintended consequences when you try to push through radical changes like this request.

As for Fannie and Freddie being under the control of the Feds, that is a recent thing from them going broke. Before that they did more of the string pulling to be quite honest with their horde of bought congressmen.


25 posted on 02/20/2010 7:50:04 AM PST by drbuzzard (different league)
[ Post Reply | Private Reply | To 22 | View Replies ]


To: drbuzzard

I thought Freddie an dfannie were publically held entities, part of the government finance system.

Thanks for the information. No I most certainly would not want private companies subject to FOIA demands.


26 posted on 02/20/2010 7:57:12 AM PST by BIOCHEMKY (I love liberty more than I hate war.)
[ Post Reply | Private Reply | To 25 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson