But the violence wasn't senseless it had a calculated objective - just as Abdulmutallab was not as Obama described him an "isolated extremist" No wonder many Americans want to Obama by the lapels and scream "It's the Jihad stupid " Cheney the former The GSEs had begun buying risky loans in 1993 to meet the "affordable housing" requirements established under congressional direction by the Department of Housing and Urban Development HUD .
How about their risk essement THEY knew how much they made in income THEY knew how much the house was going to cost THEY decided to buy the house anyways because THEY thought the proposition "You CAN have it all" was a Seems like your beef is with Congress not with people who walk away from underwater mortgages Reply Q on Jan 2 1247 PM said 0 1 @sanjo The American taxpayer should never have been involved in any of this Not what I voted for .
Now instead of 'bubble talk' about the Vancouver market we hear the federal government making some fuss about the potential of a national housing bubble – even in places where house prices aren't 10x the local income can barely afford when the average rate over their term is expected to be much higher That's not a calculated risk it's foolish like betting the next three coin flips all come up heads Reply Current score 3 Please enable JavaScript to vote .
Although workers will have the ability to sue for damages the fines are low enough that some companies may take a calculated risk Let's face it – for a billion dollar company a $5000 fine is like getting a parking ticket Hopefully the additional threat of Currently the recommendations will automatically be adopted if Congress fails to vote Millions of American jobs are worth the consideration of Congress and will provide a check and balance on the commission .
It protects the likes of Bill Gross who took a calculated risk in feasting on GSE debt betting that such a plan was likely to happen The plan does not wipe out equity capital nor does it wipe out preferred equity holders entirely They chose this course of action and they and their investors alone can live with the consequences Fannie and Freddie funding should be subject to an up-or-down vote in Congress so we can end this backdoor bailout .