Comments on: Morning Bell: Big Government Fails Again http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/ Tue, 14 Feb 2012 19:53:39 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Real Estate Blog - Housing Recovery - Fannie and Freddie Reorganization http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-6855 Real Estate Blog - Housing Recovery - Fannie and Freddie Reorganization Sat, 11 Oct 2008 14:57:50 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-6855 [...] "This weekend Treasury Secretary Henry Paulson announced that mortgage giants Freddie Mac and Fannie Mae will be placed in a government conservatorship that closely resembles a bankruptcy reorganization. The move puts U.S. taxpayers on the hook for $5.4 trillion in outstanding mortgage debt and commits the government to provide as much as $100 billion to each company in capital commitments. Two months ago, the Congressional Budget Office estimated that the ultimate cost to taxpayers of such a move would be $25 billion. But bankers hired by the Treasury Department now estimate that $50 billion of taxpayer money might be needed to offset the Freddie and Fannie’s combined losses."  From Morning Bell - Big Government Fails Again [...] [...] “This weekend Treasury Secretary Henry Paulson announced that mortgage giants Freddie Mac and Fannie Mae will be placed in a government conservatorship that closely resembles a bankruptcy reorganization. The move puts U.S. taxpayers on the hook for $5.4 trillion in outstanding mortgage debt and commits the government to provide as much as $100 billion to each company in capital commitments. Two months ago, the Congressional Budget Office estimated that the ultimate cost to taxpayers of such a move would be $25 billion. But bankers hired by the Treasury Department now estimate that $50 billion of taxpayer money might be needed to offset the Freddie and Fannie’s combined losses.”  From Morning Bell – Big Government Fails Again [...]

]]> By: Morning Bell: Big Government Fails Again http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5133 Morning Bell: Big Government Fails Again Wed, 10 Sep 2008 17:09:21 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5133 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

]]> By: Dean Morgan. Phoenix http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5055 Dean Morgan. Phoenix Mon, 08 Sep 2008 21:42:21 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5055 Taxpayers of this country are being raped, yet again. This is worse than Enron and people (friends of Bill)should go to jail for a very long time. The finances of this country is becoming a house of cards. Just look at medi-care, social security and how many other government programs. Arizona just canceled 8 highway projects, 200 million in federal transportation funds dried up, this is just the beginning. Lets raise taxes on corporations and small businesses and send more jobs overseas. Then blame the president for the loss of jobs. Fannie and Freddie exist to launder tax payer dollars so money can be funneled to the right organizations (acorn) and friends of certain politicians. Of course congressional democrats want to keep them intact, duh!! It is time that responsible journalists started reporting the truth and inform the voters of the facts and dirty money deals in Washington. The republicans are complacent with the democrats in this and should be punished. Don't fool yourself thinking that the republicans didn't know what was going on. Every incumbent politician should be removed from office this November. With the fairness doctrine being held over their heads, no one in talk radio dares call for a voter revolt and the removal of incumbent politicians. But they could "report" on, Dean Morgan, some guy in Phoenix, Arizona calls for a voter revolt and the removal of of all incumbent politicians. Not mad enough yet, well consider this. 1987 a stock market scare and politicians rush to pass laws that would shut down Wall Street if it happens again. Can't have rich donors loosing money in the stock market. 2008 a possible trillion dollar bail out of Fannie and Freddie to protect rich investors. 2008, middle class America loosing their homes and paying $4.00 a gallon for gasoline, food and transportation costs soaring, families savings accounts being drained, what do the politicians do, why of course take a five week vacation instead of voting on an energy bill. Politicians are hoping to sandbag and create as many smoke screens between now and November to sidetrack the voters. That is why I tell everyone I speak too, vote every incumbent out of office, regardless of party. The future of this great country is at stake. Taxpayers of this country are being raped, yet again. This is worse than Enron and people (friends of Bill)should go to jail for a very long time. The finances of this country is becoming a house of cards. Just look at medi-care, social security and how many other government programs. Arizona just canceled 8 highway projects, 200 million in federal transportation funds dried up, this is just the beginning. Lets raise taxes on corporations and small businesses and send more jobs overseas. Then blame the president for the loss of jobs. Fannie and Freddie exist to launder tax payer dollars so money can be funneled to the right organizations (acorn) and friends of certain politicians. Of course congressional democrats want to keep them intact, duh!! It is time that responsible journalists started reporting the truth and inform the voters of the facts and dirty money deals in Washington. The republicans are complacent with the democrats in this and should be punished. Don't fool yourself thinking that the republicans didn't know what was going on. Every incumbent politician should be removed from office this November. With the fairness doctrine being held over their heads, no one in talk radio dares call for a voter revolt and the removal of incumbent politicians. But they could "report" on, Dean Morgan, some guy in Phoenix, Arizona calls for a voter revolt and the removal of of all incumbent politicians. Not mad enough yet, well consider this. 1987 a stock market scare and politicians rush to pass laws that would shut down Wall Street if it happens again. Can't have rich donors loosing money in the stock market. 2008 a possible trillion dollar bail out of Fannie and Freddie to protect rich investors. 2008, middle class America loosing their homes and paying $4.00 a gallon for gasoline, food and transportation costs soaring, families savings accounts being drained, what do the politicians do, why of course take a five week vacation instead of voting on an energy bill. Politicians are hoping to sandbag and create as many smoke screens between now and November to sidetrack the voters. That is why I tell everyone I speak too, vote every incumbent out of office, regardless of party. The future of this great country is at stake.

]]> By: Beaner, Alabama http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5053 Beaner, Alabama Mon, 08 Sep 2008 18:18:07 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5053 Frank Grundman writes: Where is the accountability in government for the Fannie Mae - Freddie Mac debacle? Where was Congress? It is high time for the taxpayers to end the terms of all Senators and Representatives with any responsibility for Congressional oversight.>>> They were too busy trying to find ways to impeach President Bush and Vice President Dick Cheney. Congresses focus has been on getting Obama elected, to stop oil from being drilled and watching Nancy Pelosi prance around getting her time to promote her new book. The democratic Senate and House have an agenda, to do nothing until the November elections. They believe they’ll have more seats in Congress and the Senate. And they will have a democratic in the White House. They will rule the world and everyone in it. They forget one thing, they have done nothing for the last two years, so why would we want to keep them there? I personally believe that Nancy Pelosi will loose her seat in Congress. Instead of voting for an Oil Bill, Drill here, drill now, she decided it was more important to promote her new book. It’s all about me! Oops! Know Your Power. The idea of keeping this women in Congress is an embarrassment to all American’s. The only thing she’s shown is that she can abuse power just a good as any man in Congress. Once again, I will reiterate that they, liberal democrats will only ever look after the liberal democrats and not the American public. They make a lot of decision based on their liberal beliefs instead of representing their constituents in the House and Senate. If I could I would want to get rid of everyone in Congress and start over again. But, since that’s not an option, I’ll settle for her losing her seat in Congress. She’s abused her position in Congress and misused her position and has turned into a power whore. I’d love to see her get the message from those she’s supposed to represent and lose her job. Why were the democrats in the House and Senate focusing on Bush and Cheney? They spent more time on that then anything else. It’s frustrating to watch them beat up on the President and Vice President. Pelosi appeared to want to take over there for a while, trying to show Americans how to appear presidential. Going overseas to show us she’s next in power, after Cheney and Bush. Bash Bush, eliminate Cheney and I will be Queen of the Country. <> Good for John McCain! Democrats want to keep them because they are the ones that created them, privatizing them would limit their control. Of course, Barack Obama needs to confer with other Democrats to make his decision, business as usual. He cannot make a decision without conferring with other democrats, he acts the same way he votes. Congress has failed Americans for far too long, it’s time we start taking control back. Frank Grundman writes:

Where is the accountability in government for the Fannie Mae – Freddie Mac debacle? Where was Congress? It is high time for the taxpayers to end the terms of all Senators and Representatives with any responsibility for Congressional oversight.>>>

They were too busy trying to find ways to impeach President Bush and Vice President Dick Cheney. Congresses focus has been on getting Obama elected, to stop oil from being drilled and watching Nancy Pelosi prance around getting her time to promote her new book. The democratic Senate and House have an agenda, to do nothing until the November elections. They believe they’ll have more seats in Congress and the Senate. And they will have a democratic in the White House. They will rule the world and everyone in it.

They forget one thing, they have done nothing for the last two years, so why would we want to keep them there? I personally believe that Nancy Pelosi will loose her seat in Congress. Instead of voting for an Oil Bill, Drill here, drill now, she decided it was more important to promote her new book. It’s all about me! Oops! Know Your Power. The idea of keeping this women in Congress is an embarrassment to all American’s. The only thing she’s shown is that she can abuse power just a good as any man in Congress.

Once again, I will reiterate that they, liberal democrats will only ever look after the liberal democrats and not the American public. They make a lot of decision based on their liberal beliefs instead of representing their constituents in the House and Senate. If I could I would want to get rid of everyone in Congress and start over again. But, since that’s not an option, I’ll settle for her losing her seat in Congress. She’s abused her position in Congress and misused her position and has turned into a power whore. I’d love to see her get the message from those she’s supposed to represent and lose her job. Why were the democrats in the House and Senate focusing on Bush and Cheney? They spent more time on that then anything else. It’s frustrating to watch them beat up on the President and Vice President. Pelosi appeared to want to take over there for a while, trying to show Americans how to appear presidential. Going overseas to show us she’s next in power, after Cheney and Bush. Bash Bush, eliminate Cheney and I will be Queen of the Country.

<>

Good for John McCain! Democrats want to keep them because they are the ones that created them, privatizing them would limit their control. Of course, Barack Obama needs to confer with other Democrats to make his decision, business as usual. He cannot make a decision without conferring with other democrats, he acts the same way he votes. Congress has failed Americans for far too long, it’s time we start taking control back.

]]> By: E Paul Lian, Scottsd http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5052 E Paul Lian, Scottsd Mon, 08 Sep 2008 16:57:21 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5052 I've got a better idea....show both of them the door. Both Mr Matthews & Mr Olberman look like they haven't bathed in weeks. Dirty hair, wrinkled clothes, fake humor, no class. I've got a better idea….show both of them the door. Both Mr Matthews & Mr Olberman look like they haven't bathed in weeks. Dirty hair, wrinkled clothes, fake humor, no class.

]]> By: Jim, Rio Rancho, New http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5050 Jim, Rio Rancho, New Mon, 08 Sep 2008 16:19:32 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5050 With all this money going to Fannie & Freddie, how much money is being paid out for the exec's retirement porfolio/umbrella fund??? $100 Billion is a lot of money and washington has the gall to think we are going to save these companies from going up side down?? What Nerve! The lib's are some how getting a big kick back. They have to be espicially with all this money floating around. WIth the news talking about how our gov't is going to support F&F, it's there way of throwing the American people off while they rake in the money. Yes, it's time for change and I'm looking forward to see what President McCain & Vice President Palin will do with this mess. With all this money going to Fannie & Freddie, how much money is being paid out for the exec's retirement porfolio/umbrella fund???

$100 Billion is a lot of money and washington has the gall to think we are going to save these companies from going up side down?? What Nerve!

The lib's are some how getting a big kick back.

They have to be espicially with all this money floating around. WIth the news talking about how our gov't is going to support F&F, it's there way of throwing the American people off while they rake in the money.

Yes, it's time for change and I'm looking forward to see what President McCain & Vice President Palin will do with this mess.

]]> By: Morning Bell: Big Government Fails Again http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5035 Morning Bell: Big Government Fails Again Mon, 08 Sep 2008 15:40:42 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5035 [...] Go to the author’s original blog: Morning Bell: Big Government Fails Again [...] [...] Go to the author’s original blog: Morning Bell: Big Government Fails Again [...]

]]> By: Morning Bell: Big Government Fails Again : thegameoflove http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5032 Morning Bell: Big Government Fails Again : thegameoflove Mon, 08 Sep 2008 14:32:13 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5032 [...] Original Conn Carroll [...] [...] Original Conn Carroll [...]

]]> By: Frank Grundman http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5042 Frank Grundman Mon, 08 Sep 2008 13:57:08 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5042 Where is the accountability in government for the Fannie Mae - Freddie Mac debacle? Where was Congress? It is high time for the taxpayers to end the terms of all Senators and Representatives with any responsibility for Congressional oversight. Where is the accountability in government for the Fannie Mae – Freddie Mac debacle? Where was Congress? It is high time for the taxpayers to end the terms of all Senators and Representatives with any responsibility for Congressional oversight.

]]> By: Dixon Webb http://blog.heritage.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5038 Dixon Webb Mon, 08 Sep 2008 12:30:51 +0000 http://www.foundry.org/2008/09/08/morning-bell-big-government-fails-again/#comment-5038 To have a lively debate on social and political issues is a good thing. It must however be separated from hard, factual news reporting. People like Keith Oberman, Chris Mathews, and David Gregory OBVIOUSLY do not understand the need for separation. They should be free to voice their OPINION in the media provided they allow equal opportunity for someone else to state an opposing view. If they are to be employed as news reporters THEY MUST TRY TO BE IMPARTIAL PURVEYORS OF FACTS. Dixon Webb To have a lively debate on social and political issues is a good thing. It must however be separated from hard, factual news reporting.

People like Keith Oberman, Chris Mathews, and David Gregory OBVIOUSLY do not understand the need for separation.

They should be free to voice their OPINION in the media provided they allow equal opportunity for someone else to state an opposing view.

If they are to be employed as news reporters THEY MUST TRY TO BE IMPARTIAL PURVEYORS OF FACTS.

Dixon Webb

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