Galleon insider trading case widens, 14 people charged ---

How will this help the common man?

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ANOTHER SIGN THE ECONOMY IS GROWING.....(SMILE)

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Another shining example of government oversight led by Barney Frank, who orchastrated the concept of requiring banks to lend money to people who could not verify their income or employment (thereby becoming the progenerator of "Liar Loans"), and who wants to be bringing you the "public option" for health care. Fasten your financial seatbelts because the damage Barney and friends can do to healthcare and financial overruns associated therewith will make this look like a drop in the bucket!!

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As long as you have Barney Frank, Chirs Dodd, and Chuch Schummer involved with Fannie & Freddie they will loose money - These (3) individuals had more to do to with this recession that nything else. They are all looers and should be voted out of office as soon as possible . Take some time and investigate for yourself . Don't give these incompetetant politicians any more $$$$$$$$$$$$$.

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How much salary does the mangement team get at Fannie
Mae? Is Obamas banking czar putting the lid on? Democratic insiders were running it before and took out huge salaries and bonuses.

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ALL THEY ARE DOING IS EATING THE SEED CORN FOR THE NEXT GENERATION . THE REAL ESTATE HAS CRASHED THIS WHY THEY HAVE THEIR HAND OUT EVERY WEEK LOOKING FOR MONEY . ONLY WHEN THE GOVERNMENT LETS THE VALUES CRASH WILL WE GET BACK TO REALITY . STOP TRYING TO SHORE UP HOME OWNERS WHO GAMBLED AND LOST.

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It sure is queer how Barney(Elmer Fudd) Frank gets away with his bull. Could a straight, honest person in that position survive? Could a straight get away with raping a Page? Could astraight get away the way Barney has amassed wealth as a Representitive?

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And wqe have a president who is sooo ???? (use your own analogy :) that he will be sure and write the check .......

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This should go to a public national vote..... Im tired of senators, reresentatives, and the executive branch making $hitty decisions for our country. Let the people decide, a direct popular vote. Yes or No.

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This should go to a public national vote..... Im tired of senators, reresentatives, and the executive branch making $hitty decisions for our country. Let the people decide, a direct popular vote. Yes or No.

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Another fine example of how our Government can not run anything to make a profit. I have to agree,as long as Dodd and Frank have their slimmy crooked hands in something it will not evolve into anything good. No more money for any business. Give it to the people, that is the right way to stimulate the economy. OH by the people I mean those that actually work for a living, not those that sit on their backs side on my dime.

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15 BILLION=ONE MONTH IN IRAQ...WHAT IS WRONG WITH HELPING AMERICANS FIND SHELTER??????

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thanks to barney frank and his idots

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This entire mess was first created by the socialist CRA legislation under Jimmy Carter and enforced under Clinton all in the name of "afordable housing" for the "Common Man" B.S. It's only going to get worse under the Obama administration. When is the human race ever going to learn from history? Socialism in the USSR, East Germany, North Korea, Cuba, and many other nations lack the incentive in the sociaist model to keep the economy going. China has three stck markets and has embraced capitalism. They are moving along quite nicely now. While the US enjoys a 10.2% and rising unemployment, the SEIU, ACORN, and other socialist special interests just keep pushing us in a deeper hole.

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Let's give billions and billions more to help people that can't (and never could) afford those 4 bedroom homes with pools stay in them. That is what is happening in California.
Fannie Mae is buying them (with our money) and renting them back to them at a small fraction of the cost of their mortgage. You had to really dig to find that story yesterday.
You only qualify if you haven't been paying your mortgage. Seriously. Who knew we could have all owned big, beautiful homes that were out of our price range.
Barnie Frank, Chris Dodd, and TaxCheat Geithner need to be in jail, not Washington!

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HEADLINE: "Fannie Mae reports $19 billion loss and asks feds for another $15 billion loan"
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AUDIT Fannie Mae to find out if Fannie actually lost $19-Billions and if they did, find out where and to what gambling casino of Wall Street they lost it to... And then, gather all of their CEO's, confiscate every million dollars homes, jets, yachts, billion dollar bank accounts, every possessions they have and put every single one of them in the meat grinder!!!!

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The politicians have to realize that they are not helping less privileged citizens by getting them into houses they can't afford. These poor folks end up in foreclosure, put out on the street or substandard public housing and with a ruined credit score. When they go for credit later, they end up paying 15 to 20 percent more in interest, further diminishing their purchase power. Get them into rational programs, educate them on how building good credit and savings will increase what they may afford in the future by, sometimes, 50 percent or more.

Putting them in bad positions is not helping them. It is further ruining their lives and self esteem. Give them a hand up but don't catapult them into oblivion.

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screw fannie and fredie they bought into the bundled morgages as well as the other crooks .... they bought my mortgage which is current. I tryed to do the modicifaction started in june. now after 5 months and $8500 more I'm told it has taken too long to process my mod. and i must resubmit all my paper work again.... lmao.... they killed me... I came to the realisation i must put my house on the market.... well you know what that means... competing agaisnt forcloseures.... yep sure enough so now priced at forcloser price i walk away with nothing after 6 years... $77,000 in interest paid and $16,000 down and a price $10,000 less than i paid in 2004..... oh i had to give the buyer $7,000 at closing and about $12,000 to the realitor and state fees.... ouch....NO double ouch! I wanted to do forclosure, short sale, bankruptcy, but the wifey is worried we would lose our exelent credit rating... hahahahahahaha. Well she may be right we worked our entire lifes building it to the 0% interest we enjoy now with 0% offers coming almost daily. BUT without a job and the chances being pretty slim of getting one i will be homeless shortly with excelent credit WTF let em go down i could give a f*** less!

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Listen up people, DO NOT sign over your deed to Fannie Mae or Freddie Mac just so you can stay in your home for a couple more months! This is the GREEDIEST thing I have ever heard! You sign over your deed to them, in turn they let you RENT your home on a month to month basis only till they feel the market is doing better and then tell you to HIT THE ROAD because now they can sell your house and make a profit! If the Government lets this happen, SHAME ON THEM! This is totally OUTRAGEOUS! Just another way to slap the American people in the face! The government should make them MODIFY loans thats the answer, NOT sign over your deed so later they can kick you out and make a profit on your lose!

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