XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: dead@gone.com   
      
   On Sat, 18 May 2013 06:31:43 -0600, deep wrote:   
      
   > On Sat, 18 May 2013 03:51:33 +0000 (UTC), Zepp  wrote:   
   >   
   >>On Fri, 17 May 2013 20:19:13 -0800, linuxgal wrote:   
   >>   
   >>> Scout wrote:   
   >>>> Perhaps, but why did they give Freddy and Fanny a clean bill of   
   >>>> health just months before the collapse?   
   >>>   
   >>> Probably the same reason Jim Cramer said buy Bear Stearns the day   
   >>> before it went tits up...incompetence.   
   >>   
   >>Fannie and Freddie got hit by the derivatives meltdown and subsequent   
   >>housing bust, but didn't cause it the way right wingers like to pretend.   
   >   
   > They like to make it out to be all Fannie and Freddie to blame.  That   
   > way they can blame it all on Frank and Dodd   
      
   And of course, that vicious enemy to all things American, the working   
   family.   
   >   
   >   
   >>Mortgages they wrote amounted to 3% of the cash loss, and nearly all of   
   >>it came as a result of the securities meltdown, rather than   
   >>precipitating it.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)