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re: OT-: Let's Talk Socialism

Posted on 4/2/20 at 11:03 pm to
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14260 posts
Posted on 4/2/20 at 11:03 pm to
quote:

The market makes clearinghouses. Not politicians


Fanny Mae and Freddie Mac are govt entities and they were buying these loans.

I agree with the rest though and we’d been better of for it.
This post was edited on 4/2/20 at 11:04 pm
Posted by meansonny
ATL
Member since Sep 2012
25753 posts
Posted on 4/2/20 at 11:10 pm to
quote:

Fanny Mae and Freddie Mac are govt entities and they were buying these loans.


They arent government entities. Lol

They have government oversight. But so does bank of america. So does state farm. So does the NYSE.

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