How would Obama’s tax and spend far left liberalism help our economy now?
March 29th, 2009 | 
Author: 
bob asked:
After all, wasn’t overspending on giveaway homes with pay later mortgages for everyone what led to Fannie Mae and Freddie Mac luring in greedy financial middle men to make that liberal goal happen? Didn’t Fannie and Freddie end up being on the taxpayers’ back while the fee takers in the middle were enriched?
AUTUMN
After all, wasn’t overspending on giveaway homes with pay later mortgages for everyone what led to Fannie Mae and Freddie Mac luring in greedy financial middle men to make that liberal goal happen? Didn’t Fannie and Freddie end up being on the taxpayers’ back while the fee takers in the middle were enriched?
AUTUMN
Posted in Elections
no, relaxation of rules and regulations (mostly a republican idea) lead to passing off of bad paper as good ,in the past such behavior was squashed by regulatory sanction.
It won’t! Obama’s bizarre math of freebies and give aways, aka welfare, will break the backs of the taxpayers. His spending on universal healthcare will be heaped on that, then he wants a new “stimulus” check check to everybody.
Maybe Obama’s going to get more Fannie and Freddie money, or spread his personal wealth around from Muslim and other anti-American sympathizers.
Obama’s plans will turn this recession into a full blown deep depression.
Even Obama had to back down from his assumption of a windfall profit tax on oil companies now that the price of oil has fallen 40% off it’s highs and may go lower.l
Obama is not what we need now and is not fiscally responsible.