Comments by "I am Kesha" (@iamkesha.) on "How Dangerous are Fannie Mae and Freddie Mac in the Housing Market? Thomas Sowell" video.

  1. I agree. He should be mad dory reading in 9-12 schools. I didn’t learn about him until less than 4 years ago.
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  2. Catchy slogans don’t make good policies. Fannie Mae, Freddie Mac and add the VA is all a money laundering scheme. Billions of dollars are allotted for these organizations and the VA for home loans. People apply for these loans with normal banks, they are approved and they get their homes. Their loan is sold to another banks. I’m guess, those organizations /VA gets the money (?). However, the people pays their loans to the bank, if they come upon hard times and default on their loans, the money the government designated for those loans, don’t help the people. The people losses their homes. Meanwhile, those organizations/VA finds their victim and the cycle continues.
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