Fannie Mae
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What is this all about? Doesn't the government already run this thing? Now they're taking it over, does that mean it will receive the same good financial guidance as every other federal project?
If you can't make money on mortgages what can you make money at????
But what difference does it make. Just print more money to cover the losses. They say the tax payer will have to foot the bill, HOW? From the US treasury which already runs a huge deficit? When my personal "treasury" runs a "deficit" it means I'm broke and my checks bounce. But I guess the US treasury has an account where the checks never bounce so they keep writing them no matter what the balance.
But what difference does it make. Just print more money to cover the losses. They say the tax payer will have to foot the bill, HOW? From the US treasury which already runs a huge deficit? When my personal "treasury" runs a "deficit" it means I'm broke and my checks bounce. But I guess the US treasury has an account where the checks never bounce so they keep writing them no matter what the balance.