Tag Archive 'Fannie Mae'

Apr 26 2009

Barney Frank Lies To America To Cover Up His Part In The Economic Collapse

Published by under All General Discussions

Verum Serum dug up and old video of Barney Frank in full denial mode that his beloved liberal social experiment on the nation’s housing market was going to cause economic chaos – it is a stunning exercise in hindsight. Franks lame promises his social experiments with Freddie Mac and Fannie Mae are from 2005, a […]

5 responses so far

Apr 09 2009

Damning Congressional Report On Bank & Real Estate Bailiout

It’s called TARP, which stands for Troubled Assets Recovery Plan. “Troubled Assets” is the euphemistic label given to real estate that was offered to people without sufficient financial capabilities to own the size home they bought due to liberal policies hoisted on Fannie Mae and Freddie Mac by Rep Barney Frank, Sen Chris Dodd and […]

7 responses so far

Mar 19 2009

More Taxpayer Paid Bonuses For Failed CEOs

Published by under All General Discussions

Here we go again – the power brokers raiding the treasury to line their pockets: Fannie Mae is due to pay retention bonuses of between $470,000 and $611,000 this year to some executives, despite enormous losses at the government-backed mortgage company. Fannie’s main rival, Freddie Mac, also plans to pay such bonuses but hasn’t yet provided details. […]

One response so far

Nov 18 2008

Wait Until The News Media Begs For A Bailout

Published by under All General Discussions

The idea US taxpayers, struggling to stay afloat in a damaged economy, should bail out companies and state governments is a joke. Fannie Mae and Freddie Mac were disastrous experiments in liberal social policies. As usual those with connections siphoned off 100’s of millions of dollars from mortgage payments for themselves, and then lined the […]

17 responses so far

Oct 18 2008

Wall Street And DC Greed At The Core Of Our National Crisis, Obama Plans To Spread Our Wealth Globally!

McCain wants to change DC, Obama wants to change America! There are many kinds of greed in this world. On Wall Street we can glimpse the “hoarding of treasure” greed, the greed to pull in as much money as fast as possible and then waste the rest of your life as the uber consumer showing […]

3 responses so far

Oct 10 2008

As World Markets Collapse America Can Look Back To The Clinton Years For Why

McCain wants to change DC, Obama wants to change America! Rash ideas can destroy something built over decades of careful steps. The Clinton ‘golden years’ ended with the dot.com bubble he created bursting and wiping out a lot of wealth, bringing on a small recession George Bush had to deal with when he took office. […]

8 responses so far

Oct 08 2008

Rep Chris Shays Takes On Corrupt Democrat Congress

Published by under All General Discussions

A must see moment when a GOP Congressman calls on the Democrat Congress to fix the financial mess and the Democrats balk (knowing full well they share a majority of the blame).  Shays states boldly the only reason there are no hearings on Fannie Mae and Freddie Mac is the problem that started this all […]

6 responses so far

Oct 06 2008

Obamas And Ayers Hold Panel On Violent Youths, Obama Law Suits Funneled Bad Loan Money Into His Campaign Coffers

The irony of this news story up at Drudge is incredible. Ayers and the Obamas were on a panel talking about how youthful violence should not be considered violent acts to the same standard as adults. The subtitle is great: Close-up on juvenile justice Author, former offender among speakers Ayers has the distinction of being […]

2 responses so far

Sep 26 2008

The Most Important Video To See This Year

Someone has put together the story of how we got into the financial mess we are in, and who has the fingerprints all over it. My only criticism is you need to be a speed reader (which I am) to keep up in real time. But that is why God invented he “pause” button! If […]

4 responses so far

Sep 22 2008

In 2005 Obama And Dodd Had A Chance To Stop The Financial Crisis – And Let It Happen

Published by under All General Discussions

Some must reads (here and here) on how we got into the current financial mess, and why many of the proposals – while tough medicine\ – are probably needed. Like most problems the cure can be as bad as the illness. But to do nothing and let our economy crash is wrong – plain and […]

4 responses so far

Older Entries »