Tag Archives: freddie

McCain’s Early Recognition of Fannie/Freddie Crisis

Bret Baier looks at how Sen. McCain and the Republicans recognized the Fannie/Freddie crisis with time to spare. Democrats like Barney Frank blocked the increased oversight, calling action unnecessary. Barney Frank: “Fannie Mae and Freddie Mac are not in a crisis situation.” “The more people in my judgment exaggerate the threat of safety and soundness, the more people conjure up the possibility of serious financial losses to the treasury, which i do not see. I think we see entities that are …

Fannie/Freddie/Housing – STOP THE BAILOUT

Your, your children’s and grandchildren’s financial future is at risk. Here. Now. Today. This is what you need to know, and what you need to do. Here. Now. Today. … Freddie Mac Fannie Mae Bailout Housing Politics Stop the bailout President Bush Senate

Burning Down The House: What Caused Our Economic Crisis?

market of reselling mortgages backed with guarantees of payment. At the time, economists warned that relaxed lending rules might lead to a giant failure that would have to be bailed out by the government if the real estate market cooled like it did in the 1980s. [1] As we all know, that just happened as Uncle Sam took Fannie Mae back. Talk about obscene executive pay, over 0 million was spent on the paychecks of just three Democrats. James Johnson, who was briefly on Obamas VP committee …

US Mortgage Giants Nationalized

More at www.therealnews.com Ron Blackwell of the AFL-CIO says housing prices falling faster than during Great Depression

7/12/08 Mr Mortgage on the Fannie/Freddie Crisis

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