Bunning Questions Wisdom of Fannie-Freddie Buyout

July 3rd, 2009

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Sen. Jim Bunning (R-Ky.) questions the wisdom of a government buyout of Fannie Mae and Freddie Mac during a Senate Banking Committee hearing (July 15, 2008).

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Comments to “Bunning Questions Wisdom of Fannie-Freddie Buyout”

  1. GARR Says:
    January 9th, 2009 at 16:16:32 i think the whole housing bubble was planned including this aftermath grilling in washington. It's been a concerted effort by the global banks to devalue currency all throughout the world. Give everyone money to spend through home equity lines of credit, then when the credit stops, blame someone in government for the slowdown in spending/borrowing. It's all a Truman show economy.
  2. LLEW Says:
    January 9th, 2009 at 16:39:31 Jim Bunning is my senator. I don't always agree with him, but I was extremely pleased with the way he stood up to these weasels, looked them in the eye and called them socialists. Paulson = traitor Bernanke = traitor Why are we bailing out Wall Street firms at the rate of 3X their value? Gamble on derivatives and you lose, not the taxpayer, or our children when they try to repay these bad debts... not that it'll make it that far. The Fed is intentionally killing the US economy. End The Fed!
  3. Richere Says:
    January 9th, 2009 at 17:02:30 Corruption ALWAYS shows its ugly head. Where is the money going to come from? YES THE TAX PAYERS....and we sit back as a Nation and will continue to allow social corporatism.......AMAZING The two dummies up for election are BOTH screw balls, the only difference I see is one is bi-racial and one is white. So go vote, and if your smart you will upset this election and write in your mother in law. But giving one of them your vote, is like giving the kids candy!! Disgusted!!
  4. ANATOLA Says:
    January 9th, 2009 at 17:25:29 The 1992 Presidential Debates with Ross Perot were not dull. His warnings have now come true. Replace John McCain with Ron Paul. Add Ralph Nader and Cynthia McKinney. Barack Obama must earn his victory, not win by default.
  5. SHAKER Says:
    January 9th, 2009 at 17:48:28 Part 2 of 2: For the people to actual pass even and come out greater than 0.1% above their overseers is a stupid lame brain statement I will not make nor is capable of being thought of with all the brain cells of planet earth combined. Imagen the magnitude of this.
  6. SALMONEUS Says:
    January 9th, 2009 at 18:11:27 Part 1 of 2: Damn right. I agree. Lets tip the sea saw. Money can only be made if the other party looses money or is "unaware" of their lose. Fan, Fred, In, and all other similar sounding similar spelling but actual subsidiaries of the Fed reserve big companies have been stealing from the people forever. Its about the the people at least brake even.
  7. Gypsy Says:
    January 9th, 2009 at 18:34:26 I agree.
  8. AREND Says:
    January 9th, 2009 at 18:57:25 Wow its 11:21 CST on 9/17 and the Dow is down 350 points. This mess is the result of all the career politicians in our congress. Keep voting for Glamour politicians America. Why would you want more Ron Pauls Jim Bunnings and Ralph Naders in office? Relax we have Barney Frank Nancy, Pelosi. and Hank Paulson running the Treasury
  9. Jorge Says:
    January 9th, 2009 at 19:20:24 France? More like the USSR
  10. Rogelio Says:
    January 9th, 2009 at 19:43:23 Pass the vaseline! We need to RAPE the US taxpayer for another $200 Billion. Not too mention the $5 TRILLION that Fannie & Freddie are liable for. Paulson should be thrown in Federal prison along with SEC Chairman Cox who is absolutely worthless. Let's reward bad behavior by bailing out the investment & commerical banks! American Taxpayers are such fools. This senator from KY is awesome though! I'm glad he stuck it to Paulson.
  11. Colquhoun Says:
    January 9th, 2009 at 20:06:22 sue the government
  12. Onyebuchi Says:
    January 9th, 2009 at 20:29:21 I would like to see Fannie and Freddy go down. I would also like to see housing prices crash by another 50% so people in bubble markets like LA could actually afford housing... I am not fond of the idea of using my taxpayer money to help out these idiot companies. They should make me the CEO, I could do a better job...
  13. Peyton Says:
    January 9th, 2009 at 20:52:20 Mo' money mo' money! nader paul kucinich gravel mckinney ventura perot charts rage Got honesty?
  14. NORWARD Says:
    January 9th, 2009 at 21:15:19 Let Freddie and Fannie sink, and let's take their worthless management down with them. As for shareholders, well, you assumed the risk, now pay for it. I don't have an ounce of sympathy for any of you.
  15. Brennan Says:
    January 9th, 2009 at 21:38:18 who needs to worry about osama bin laden when mainstreet has wash d.c govt. out to destroy ordinary people, may they all go up in smoke!
  16. CAMELIA Says:
    January 9th, 2009 at 22:01:17 Only Ron Paul wants to go back to the gold standard. A silver quarter weights .2 of an oz. and silver is $17 per oz. A SILVER quarter would buy almost a gallon of gas. So who has Americans gold and silver? Where has CONGRESS let it go?
  17. CHRYSEIS Says:
    January 9th, 2009 at 22:24:16 Why is it the people DEMAND that these "business" NOT be baled out but CONGRESS does anyway? HOw can that be? Why can't the people go to the "discount window" and get OUR own money for 2%? We keep electing Reps and Dems expecting different results and don't get them. Write in Ron Paul the only CONSITUTIONALIST.
  18. MUKHWANA Says:
    January 9th, 2009 at 22:47:15 why lies? he said clearly (And who is the government?) THE TAXPAYER that's not very nice :) but its the thruth.
  19. SHAKER Says:
    January 9th, 2009 at 23:10:14 Hahaha, pour Hank. Your and Heli-Ben's time is over.
  20. Wadanhyll Says:
    January 10th, 2009 at 23:33:13 The lies of Hank Paulson.
  21. Rinna Says:
    January 10th, 2009 at 23:56:12 "..But it doesnt answer the question. Where is the money going to come from if you have to put it up ? Well obviously it will come from the government. And who is the government ? THE TAXPAYER."
  22. Finn Says:
    January 10th, 2009 at 00:19:11 belive belive belive
  23. IDA Says:
    January 10th, 2009 at 00:42:10 Bunning's right on this one. Why should we bail out irresponsible people?
  24. Meldon Says:
    January 10th, 2009 at 01:05:09 Every single country in the world has a central bank (aka the federal reserve), the Swiss central bank is very strict on monetary policy and is probably the most conservative. But almost every single currency in the world is a fiat one, so your best bet is gold and silver and commodities. Make sure you get the PHYSICAL stuff too, not some BS shares or paper. Store it in a fireproof safe somewhere invisible... it may be your plane ticket out of this soon to be hell hole...
  25. Orvin Says:
    January 10th, 2009 at 01:28:08 That was vicious. I like. :))

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