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The Fundamentals of the economy are strong!!
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<blockquote data-quote="Babagounj" data-source="post: 443317" data-attributes="member: 12952"><p>Lets see who said that letting Freddie & Frannie run free was bad, Bush 17 or 18 times & before him some guy named Clinton.</p><p>And what has been the outcome of this " free run " why a worldwide</p><p> meltdown.</p><p>Letting everyone own their own home has price and today we are paying for that lack of commonsense.</p><p>Giving people who couldnot/wouldnot repay the mortgages that they were given has lead to this mess. And the financial houses that kept reselling all these bad loans , because Frannie & Freddie said that they would back these loans. Only shows that "our elected leaders " are have no linkage to their own taxpayers, especially since most elected persons are in fact lawyers.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 443317, member: 12952"] Lets see who said that letting Freddie & Frannie run free was bad, Bush 17 or 18 times & before him some guy named Clinton. And what has been the outcome of this " free run " why a worldwide meltdown. Letting everyone own their own home has price and today we are paying for that lack of commonsense. Giving people who couldnot/wouldnot repay the mortgages that they were given has lead to this mess. And the financial houses that kept reselling all these bad loans , because Frannie & Freddie said that they would back these loans. Only shows that "our elected leaders " are have no linkage to their own taxpayers, especially since most elected persons are in fact lawyers. [/QUOTE]
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