What do you think of the Fannie Mae/Freddie Mac bailout?

Question

Opinions please?

Answer 1

I think further intervention by the Administration is harmful. This is another case the market should solve. Uncle Milton would be shouting now.

Answer 2

They Should Not Get Not One Dime of Taxpayer Money in A Bailout and Suffer Like the rest of America with High Oil, Gas and Food they can't Afford and Congress Does Nothing to help Them.

Answer 3

Bad idea. Any time the government bails a company out, the US taxpayers have to foot the bill. America has become a society which allows people to make stupid business decisions without consequences because the government will bail them out which includes people like me who pay taxes and make sound financial decisions. The US government is too big now and unless they rein in spending, it will go bankrupt or we will be bowing to Mao in 25 years.

Answer 4

There is no bail out.

Answer 5

This is a good example of why people identified as special interests, join the CFR.  The special interests in the CFR, use taxpayers money to advance themselves, to formulate government policy to enrich themselves, and to reimburse them for bad loans, or when the market forces work against them.

When you are in bed with the CFR, you can't lose.  You always have the US taxpayer to bail you out.

Yes, this is criminal.  It's called stealing.