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Barney Fannie & Freddie Are Back

Discussion in 'Political Discussion' started by Harry Boy, Jun 24, 2009.

  1. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Barney's At It Again, he wants to hand out mortgages again, what an arrogant little bastard but the people deserve him, he says "tightend standards could slow the housing market recovery" what he really means is he wants Wino's who live in cardboard boxes and illegal aliens to be able to buy Condo's.

    News Today:
    (Reuters) - Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.
    Fannie, Freddie asked to relax condo loan rules: report | Reuters
  2. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    The housing market can't "recover" to prices that were too high. Any recovery, by definition, artifically prices houses again. Round and round we go with Barney.
  3. sdaniels7114

    sdaniels7114 Rookie

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    Why should three deckers all over Dorchester be excluded from these plans? If you have to have 70% occupied that cuts off all buildings that have less than 4 condos. I think they should tighten people's standards, not building's standards.
  4. PatriotsReign

    PatriotsReign Rookie

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    EXACTLY BF!!!

    Barney Frank and all our elected officials should attempt to never again allow an economic "Bubble" to exist. They are not good for the economy since all bubbles must burst.

    Recessions are good for economies. They restore balance and confidence in markets that were previously WAY out of balance. You'd think Frank would be smart enough to understand this.

    Relax lending standards??? Are you sh1tting me? One of the goals for a recovery to happen is to restore confidence in our financial institutions. To do that, these institutions MUST revert to the tried & true lending standards that will allow this to happen.

    The man is a fool of the first degree.

    P.S. The basic question our lawmakers should be asking is, "why on earth are ANY condo's being built right now?" HELLO?
    Last edited: Jun 24, 2009
  5. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    Get these god damn far left wing democrats out of power, they and that Cool MTV Poster Boy they've got in the White House are destroying this country, if that guy in No. Korea starts a war with us he just might win, Jug Ears will surrender.

    WHERE HAVE THE ANTI WAR PEOPLE GONE

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