bush: Should Fannie and Freddie be Bailed Out?
- 09/08/08 07:09 AM
Just Like the boy whocreid wolf, banks and investmetn firms are crying "Baiolout!" and they are crying loudly. The Fed is listening, and instead of asking "Why jump?," whne the banks tell them to do so, is saying, "HOW HIGH?" the truth is this jump call, isn' tjust being made by Fannie Mae. It's "kissin' cousin" Freddie Mac who seems no less bent on getting some of that "free" Treasury money. Yep, the Fed, which is not a government entity, but a private banking corporation is behaving like United Airlines, and Bear Stearns Who now have their platinum parachute firmly and … (2 comments)
bush: What Impact Will the Presidential Election Have on Your Business?
- 09/06/08 03:11 AM
This is probaly going to get me in trouble with everyone. I am treading into tempestuous and contentious waters. But the question is important, or i would not ask it. National elections are a change in command and this "changing of the guard" is something that I can see having a profound effect on the real estate and mortgage market. Whenever we change Presidents, economic policy makes changes, too. The issues affecting us today may affect us on more pronounced ways come January: - Fuel prices- Interest Rates- the War on Terror (It isn't just Iraq, but Iraw was the origin … (0 comments)
Just Like the boy whocreid wolf, banks and investmetn firms are crying "Baiolout!" and they are crying loudly. The Fed is listening, and instead of asking "Why jump?," whne the banks tell them to do so, is saying, "HOW HIGH?" the truth is this jump call, isn' tjust being made by Fannie Mae. It's "kissin' cousin"
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