Freddie and Fannie nationalised!

lostinrates

Generali wrote: »

I think Sallie Mae specialises in student loans.

Ah, well....I always say I don't pretend to know much, lol.

chartreuse_2

Generali wrote: »

I think Sallie Mae specialises in student loans.

Correct. Oddly enough, according to something I read last night, SM also has a shed load of mortgage loans on its books.:huh:

Sir_Humphrey

People seem to have a very strange definition of Socialism around here. Certainly pre-Thatcher, Labour were very against the never-never in personal finances.

Some people seem to also think this Labour government is Socialist.

Nurse, the screens!

amcluesent

>Some people seem to also think this Labour government is Socialist.<

Well, Clown et al certainly like state and collective ownership, hatred of private provision (public schools), state intervention in peoples private affairs (childrens database, bin snoopers etc), quangos to set central targets in 5 year plans, and at best ambivalence to property rights (i.e. 2nd home ownership) and using taxation for social engineering purposes. Plus we're rapidly sliding into a police state, of course, where freedom of expression is shouted down ("You're racist!") as part of manufacturing consent through the controlled media, notably the BBC.

Sir_Humphrey

amcluesent wrote: »

Well, Clown et al certainly like state and collective ownership,.

No they don't, quite the opposite. eg South Eastern Trains etc etc etc

amcluesent wrote: »

hatred of private provision (public schools), state intervention in peoples private affairs (childrens database, bin snoopers etc),.

They don't hate private provision (PFI, polyclinics). They like their busybodies, true, but whether that constitutes socialism is arguable (an argument I don't want to get into today).

amcluesent wrote: »

quangos to set central targets in 5 year plans, and at best ambivalence to property rights (i.e. 2nd home ownership) and using taxation for social engineering purposes.

Labour have gone out of their way to not interfere with second home owners. The Quangoes were started by comrade Thatcher, as was modern social engineering (eg Right to Buy).

amcluesent wrote: »

Plus we're rapidly sliding into a police state, of course, where freedom of expression is shouted down ("You're racist!") as part of manufacturing consent through the controlled media, notably the BBC.

Don't be so silly. That people like the late Bernard Manning are no longer acceptable in mainstream society is called social progress. Please don't start with the "freedom of speech" "I'm not a racist but..." hypocrisy.

Authoritarianism is a fair criticism against the government, but to claim police state is a gross exaggeration and in any case started well before New Labour (people seem to have forgotten Michael Howard).

ultra10

Sir_Humphrey wrote: »

People seem to have a very strange definition of Socialism around here. Certainly pre-Thatcher, Labour were very against the never-never in personal finances.

Some people seem to also think this Labour government is Socialist.

Nurse, the screens!

They have had many "Social" aspects to the policies, but the way they have sucked up to big business is shameful, .. Anything to a grip on power i guess

amcluesent

>No they don't, quite the opposite.<

Liars Byers eagerness to steal Railtrack from the owners (the 'grannies' Labour sneered at).

>They don't hate private provision (PFI, <

A mechanism to fiddle the public accounts by Clown. The provision is still centrally planned. They abolished the internal market, remember, and increase taxes to pay for state provided health. No hint of lowering taxes and letting me choose! And the unelected elite of NICE will decide if you live or die when you aren't allowed to top-up your health care with private money.

>They like their busybodies<

A nice euphemism for the state army of snoopers and jobsworths who are on commission for their myriad of fines and fixed-penalty tickets.

>an argument I don't want to get into today<

Because you know that's at the core of the expansion of the state control of society the Fabians dominating Labour have engineered.

>The Quangoes were started by comrade Thatcher<

Pure revisionism. She initiated the reforms of bloated NDPBs that all came back and more under Labour.

>people like the late Bernard Manning are no longer acceptable<

'Racist!' is a handy smear used against anyone the Labour disagrees with and don't want to be heard by the 'little people' - anyone from Migration Watch for example.

>to claim police state is a gross exaggeration<

Is that a strawman? I said sliding towards a police state, not unreasonable given plans ID cards, biometrics, CCTV everywhere, all phone calls and internet used recorded, anti-terrorism RIPA used by councils to check who is going to what primary school etc. etc.

morg_monster

Wow, Sallie Mae as well as Freddie Mac and Fannie Mae... Good names for triplets I reckon. Are there any other bodies with these silly derived names?

I like how in the Daily Mash they referred to them today as Kenny G and Elmer Fudd...

morg_monster

I have just found out there is also a Ginnie Mae and a Farmer Mac...

Sir_Humphrey

amcluesent wrote: »

Liars Byers eagerness to steal Railtrack from the owners (the 'grannies' Labour sneered at).

I am guessing you were a Railtrack shareholder. They are just about the only people who think getting rid of Railtrack was a bad idea. (And sadly very much the exception to the rule). Railtrack was a bust company, and their shareholders got wiped out. It is called avoiding moral hazard. One of the things the government did do right (having exhausted all other options).

I can't be arsed arguing with the rest of the Daily Mail rant. What I will say: we are soon about to find out how different the Tories will actually be (probably not a lot).