• Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Is Obama his brother's keeper?

R

Revmitchell

Well-Known Member
Site Supporter
L

LadyEagle

<b>Moderator</b> <img src =/israel.gif>
OR ME!!
runforhills.gif
 
B

Baptist in Richmond

Active Member
Bro. Curtis

Bro. Curtis

<img src =/curtis.gif>
Site Supporter
spacer.gif
A Private Company

Is Fannie Mae a private company or is it part of the government?

First established in 1938 as a government agency, Fannie Mae in 1968 became a private, shareholder-owned company with a charter from Congress requiring the company to support the housing finance system. It is a financial services company serving the American home mortgage industry......





http://www.fanniemae.com/faq/faq8.jhtml?p=FAQ
 
carpro

carpro

Well-Known Member
Site Supporter
Baptist in Richmond said:
You are forgetting that Fannie Mae is a private company, and has been for some time now.
Click to expand...

Really?

So who are the owners?
 
B

Baptist in Richmond

Active Member
carpro said:
So you admit that it is not , in fact, a "private" company.
Got any idea how many federally chartered and stockholder-owned GSEs there are?
Click to expand...

I sure do, and I am curious as to whether or not you are implying that the people who own FNM are in fact NOT stockholders, or owners of the company. Is that what you are implying?
 
Bro. Curtis

Bro. Curtis

<img src =/curtis.gif>
Site Supporter
BaptistBeliever said:
So you're agreeing that his brother isn't the issue.
Click to expand...

Nope. I was saying your post was so silly it made me laugh, and then I silently pondered why you would be nervous about a gay guy you would never meet, and I saw a place to put in an extra little joke. After, of course, I pointed out how silly your post was.
 
Bro. Curtis

Bro. Curtis

<img src =/curtis.gif>
Site Supporter
Baptist in Richmond said:
I sure do, and I am curious as to whether or not you are implying that the people who own FNM are in fact NOT stockholders, or owners of the company. Is that what you are implying?
Click to expand...

I would imply that F.M. & F.M. acted at the whim of congress, because of the charter.
 
carpro

carpro

Well-Known Member
Site Supporter
Baptist in Richmond said:
I sure do, and I am curious as to whether or not you are implying that the people who own FNM are in fact NOT stockholders, or owners of the company. Is that what you are implying?
Click to expand...

I'm not implying anything. Just correcting an obvious error of yours.

The implications are all yours.

One can only assume that the reason you mistakenly/deliberately? identified Fannie Mae as a "private" corporation was to imply that they are basically just like any other corporation...,an obvious attempt to mislead or misinform on your part.

Got any idea how many federally chartered and stockholder-owned GSEs there are?

While you're at it, maybe you can tell us what gives the President of the United States the right to appoint members to the board of directors...since you seem to be making a case that Fannie Mae is pretty much like any other corporation?

Does the President have the right do that for IBM and General Motors as well?
 
Gold Dragon

Gold Dragon

Well-Known Member
CNN - Behind the Scenes: Meet George Obama

At least one of his neighbors feels that perhaps the candidate should help the brother.

"I would like Obama to visit his brother to see how he is living, to improve his way of life," said Emelda Negei, who runs a small dispensary near Obama's house.

But George Obama will have none of it. He draws inspiration from his famous half-brother. He acknowledges that he is biased but said he knows that his half-brother will be the next president.
Click to expand...
George Obama does not appear to want help from his half-brother who he barely knows.
 
B

Baptist in Richmond

Active Member
carpro said:
I'm not implying anything. Just correcting an obvious error of yours.

The implications are all yours.
Click to expand...

Nope, you are wrong.

One can only assume that the reason you mistakenly/deliberately? identified Fannie Mae as a "private" corporation was to imply that they are basically just like any other corporation...,an obvious attempt to mislead or misinform on your part.
Click to expand...

Ah, yes - typical of you to simply make a claim that isn't true.
I said they are a private company, and that is true. Perhaps you could explain why Fannie Mae IS having problems while Ginnie Mae does not appear to have the same problems. You started a whole discussion about the money that was given by Fannie Mae and Freddie Mac to Jesse Jackson, how about Ginnie Mae (a government entity)?

As for saying that they are "just like any other corporation," I didn't say that, and you know it. Nor did I imply it. I simply said that they are owned by shareholders.

Got any idea how many federally chartered and stockholder-owned GSEs there are?
Click to expand...

I sure do - do you?

While you're at it, maybe you can tell us what gives the President of the United States the right to appoint members to the board of directors...since you seem to be making a case that Fannie Mae is pretty much like any other corporation?

Does the President have the right do that for IBM and General Motors as well?
Click to expand...

I didn't say or write anything about this. Interesting that you would seemingly implicate the POTUS with this post, but I will let you do that.
:thumbs:
 
carpro

carpro

Well-Known Member
Site Supporter
Baptist in Richmond said:
As for saying that they are "just like any other corporation," I didn't say that, and you know it. Nor did I imply it.
Click to expand...

Really?

My mistake.
 
You must log in or register to reply here.
Top