{"id":37143,"date":"2013-08-08T10:18:47","date_gmt":"2013-08-08T17:18:47","guid":{"rendered":"http:\/\/uprisingradio.org\/home\/?p=37143"},"modified":"2013-08-08T10:54:42","modified_gmt":"2013-08-08T17:54:42","slug":"how-obamas-plan-to-gut-fannie-mae-and-freddie-mac-misses-the-point","status":"publish","type":"post","link":"https:\/\/uprisingradio.org\/home\/2013\/08\/08\/how-obamas-plan-to-gut-fannie-mae-and-freddie-mac-misses-the-point\/","title":{"rendered":"How Obama&#8217;s Plan To Gut Fannie Mae and Freddie Mac Misses the Point"},"content":{"rendered":"<p><ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/archive.org\/download\/20130808Uprising\/2013_08_08_fanniemae.mp3\">Listen to this segment <\/a><\/li><\/ul><ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/archive.org\/download\/20130808Uprising\/2013_08_08_uprising.mp3\">Listen to the entire program<\/a><\/li><\/ul><\/p>\n<p><img decoding=\"async\" align=right width=50% src=\"\/home\/graphics\/obama_fannie_mae.jpg\" alt=\"\" \/>While Wall Street is back to making record breaking profits the average American continues to suffer from the fall out of the financial crisis. <\/p>\n<p>In a speech on the economy this past Tuesday, President Obama laid the blame for the financial crisis at the feet of government-sponsored Fannie Mae and Freddie Mac and vowed to restructure the two mortgage giants which back nearly 90 percent of all new mortgages in the United States. <\/p>\n<p>Fannie Mae and Freddie Mac were bailed out by the US Government in 2008 with $187 billion, which they have just now begun repaying. A primary part of Obama\u2019s plan is to have the private sector take over all mortgage lending. <\/p>\n<p><em>GUEST: William Black, associate professor of economics and law at the University of Missouri in Kansas City, author of the book The Best Way to Rob a Bank is to Own One<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Wall Street is back to making record breaking profits the average American continues to suffer from the fall out of the financial crisis. In a speech on the economy this past Tuesday, President Obama laid the blame for the financial crisis at the feet of government-sponsored Fannie Mae and Freddie Mac and vowed to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-37143","post","type-post","status-publish","format-standard","hentry","category-daily-program"],"_links":{"self":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/37143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/comments?post=37143"}],"version-history":[{"count":1,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/37143\/revisions"}],"predecessor-version":[{"id":37158,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/37143\/revisions\/37158"}],"wp:attachment":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/media?parent=37143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/categories?post=37143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/tags?post=37143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}