Must be nice to have an endless supply of tax payer money...
My Way News - Fannie Mae seeks $8.4B in aid after 1Q loss
My Way News - Fannie Mae seeks $8.4B in aid after 1Q loss
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is fannie mae and freddie mac STILL buying up the bad MBS's of Goldman, and bank of America and the other biggies? If so, WHY, when they know they are toxic? Is this part of the big bank bail outs, making fannie and freddie buy up these toxic assets of others? I don't get what is going on here?
is fannie mae and freddie mac STILL buying up the bad MBS's of Goldman, and bank of America and the other biggies? If so, WHY, when they know they are toxic? Is this part of the big bank bail outs, making fannie and freddie buy up these toxic assets of others? I don't get what is going on here?
is fannie mae and freddie mac STILL buying up the bad MBS's of Goldman, and bank of America and the other biggies? If so, WHY, when they know they are toxic? Is this part of the big bank bail outs, making fannie and freddie buy up these toxic assets of others? I don't get what is going on here?
Cloward?Piven strategy - Wikipedia, the free encyclopedia
1. See how badly we got fucked by TARP?
2. I thought Obama made all these great "investments" in Citi and GM and all that TARP money was coming back?
1. See how badly we got fucked by TARP?
2. I thought Obama made all these great "investments" in Citi and GM and all that TARP money was coming back?
you may be right....it appears that fannie and freddie are buying up the Citi bank, etc, toxic mortgage back securities...hiding the true performance of Citi bank and others, by putting their bad debt, on to fannie and freddie while Citi and others claim great performances?
But...but...but...Barney Frank said there was nothing wrong with Fannie Mae and Freddie Mac!
These crackheads of cash need to be cut off.
The problem is, the dealer's goal is not to stop the addiction or help people, but enabling it to destroy everything attached to their victim so they can swoop in, take it all for cheap and rebuild it into what they want: Fascist/Socialist America.
For the current members of government to solve the problem is to indict themselves as culpable in it's creation. They will never do that. Better to destroy everything and try to get away in the chaos first.It's very clear that the governments cannot see beyond the immediate crisis. Each bail out just doubles down the risk, hurtling us toward the inevitable meltdown.