If Obama wants to replace Fannie and Freddie with the same banks that caused the housing crisis then how?
can he be against them?
Regulations are only as good as the people who enforce them. If Obama is enforcing regulations by using the same banksters lawyers who Obama appointed for the SEC recently. Then won't she enforce regulations the same way that Janet Napolitano enforces her immigration regulations.
What about the new CFTC regulator that Obama just recently appointed from the Treasury. Do you really think he is doing a good job when everyone knows that there is a clear manipulation of the gold and silver market?
You mine as well censor this question as quickly as you can cause if the market crashes then you liberals are going to have a hard time explaining how it was that you heard this and ignored it.
- Claudia G.Lv 66 years agoFavorite Answer
Obama says a lot of things, but there has been no legislation proposed nor is their likely to be any legislation introduced in the Congress in the near future - there are too many Democratic members of the board of each institution (making too much money) to risk eliminating the corporations.
- Liberals RulezLv 66 years ago
Obama can do no wrong,man.Source(s): Just ask Chris Mathews.