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Tag Archives: freddy
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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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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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.
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Friends of Fannie and Freddy
The real impact of all of this will go against the taxpayers, the thrifty, those who have thought of their future and saved. This will impact your pension, your 401K, your life savings. Meantime Jamie Gorelick, Democrat operative, is waltzing away with a cool 26 Million. Continue reading
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Posted in Politics
Tagged black, caucus, cbc, congressional, Corruption, crisis, dodd, donation, donations, fannie, frank, freddy, funding, gorelick, housing, institutions, jamie, loans, lobby, lobbying, lobbyists, mac, mae, michelle, mortgage, Obama, schumer, subprime, urban
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