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Tag Archives: fannie
The Sources of the Meltdown
Few things are simplex, most are complex – and when it comes to the current financial meltdown, the failures go beyond complex to multiplex. Continue reading
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Senator Obama is Part of the Problem
Here’s a devastating video from the group “Let Freedom Ring”:
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Who Can you Trust on the Economy?
American issues project has a new ad out that pretty much sums things up, here you go: For more on this go here:
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McClatchey Tries to Cover Barney Frank’s Fannie
Loan officers didn’t care, they got commission good or bad. Underwriters across the country were browbeaten until they learned to hold their nose and look the other way. In the meantime to keep up banks were sending out people with cameras to take pictures of huge sums of money laid out bill by bill on kitchen floors because there were “cultural differences” and some cultures didn’t trust banks Continue reading
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Posted in Politics
Tagged barney, canseco, christopher, countrywide, dodd, fannie, fnma, frank, FRAUD, freddy, gmac, government, greentree, gse, loan, mac, mae, mcclatchey, online, processing, servicing, underwriting
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What Just Happened???
What really did happen? Who enabled Countrywide to loan money on houses over the heads of many? Who created the atmosphere in which banks were often picketed if they turned down loans? Who made their campaign cry the last decade … Continue reading
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My Advice to Republicans: Don’t Vote on the Bill Until we Have a New Speaker
Am I angry? No, I am enraged at Pelosi’s speech. It seems intended to politicize this and ensure that there is no fix. The Dems are not happy unless we are all poor victims and the economy is tanking because they are party-power first people.
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Obama’s Ties to FNMA
Sean Hannity sets me off sometimes, but in this report he’s all facts, no hyperbole. UPDATE: More corruption from Acorn
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Bailout Plan General Agreement Reached: Plan Being Written Now
I like it that they are metering the money with checkpoints, I like it that there are these and other limits. What I don’t like is that there will be fees on the financial services industry as part of the agreement if they don’t turn this around in five years. Continue reading
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The 2004 Hearings on Fannie and Freddy
In these hearings you see congressional Republicans calling for better oversight and regulation of the two GSE’s, and you see Democrats beating back any regulation.