Paulson Wants Congress to Approve UNLIMITED Ability to Support Freddi and Fannie

Paulson, speaking on the steps of the Treasury facing the White House, asked Congress for authority to buy unlimited stakes in and lend to the companies, aiming to stem a collapse in confidence.

Wow must be bad!

Mike

Posted by Michel Lautensack on 07/13/2008 07:31 PM

Comments (3)

freddie fannie money, real estate investing

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3 Comments on Paulson Wants Congress to Approve UNLIMITED Ability to Support Freddi and Fannie

Don't you believe they sense or see something that we can't? Realize they have access to a lot of people and information.

07/13/2008 07:33 PM

by John Walters (Specialized Real Estate)

It's obvious that Congress can not let Fannie or Freddie fail. What they see or don't see - I can not say, but it sure is scary.

07/13/2008 07:47 PM

by Ruthmarie Hicks (Keller Williams Realty)

Another bubble in the US Debt Buildup just poppped....

07/13/2008 07:55 PM

by Michel Lautensack (Del Val Property Management, LLC)

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Property Manager: Michel Lautensack (Del Val Property Management, LLC)

Michel Lautensack
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