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Old 02-22-2015, 04:55 AM   #10
Mgoldman
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Quote:
Originally Posted by hoydie17 View Post
Fannie Mae was seized by the Gov't a couple years ago, and ever since has turned a profit.
Wasn't it in fact the Government that allowed Fannie Mae to fail by guaranteeing loans that could never be paid? If Fannie Mae was truly private, you can bet a huge portion of those bad loans would NEVER have been lent. Another example of the Government meddling and screwing things up. Granted, we all likely need some moral guidance but for God sakes, don't hand over the keys to the shop!

/Mitch
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