Category: Freddie Mac
By Rabble Rouser Reverend Amy on Nov 17, 2011 in Congress (House & Senate), Current Affairs, Economy, Energy Policy, Fannie Mae, Freddie Mac, Governance, Obama Administration, Stimulus Plan | View Comments
On Wednesday, Fannie Mae and Freddie Mac executives had to appear before Congress to discuss the recent issue of their wanting to give themselves some big, huge bonuses. Needless to say, the Congresspeople were none too thrilled with these folks, as this LA Times article highlights: The chief executives of Fannie Mae and Freddie Mac [...]
By Rabble Rouser Reverend Amy on Nov 4, 2011 in Current Affairs, Dept. of Justice (Obama), Economy, Fannie Mae, Foreign Affairs, Foreign Policy, Franklin Raines, Freddie Mac, Governance, Housing & Housing Crisis, Illegal Aliens, Mortgage Crisis, Obama Administration, Pandering, Political Correctness, President Barack Obama, South Carolina, U.S. Constitution, Wall Street | View Comments
~Bumped up~ That are going to make my head explode. First, news that the ten executives at Fannie Mae and Freddie Mac, which are still operating in the red, and which are largely to blame for the housing crisis, got BONUSES. And I am not talking little bonuses, either. Those ten mo-fos got = and [...]
By Rabble Rouser Reverend Amy on Oct 24, 2011 in Arrogance, Bamboozling, Chicago politics, Congress (House & Senate), Current Affairs, Economy, Fannie Mae, Freddie Mac, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Pandering, President Barack Obama | View Comments
President Obama has done his darndest to go around Congress on a number of issues. His latest attempted end-run is for those who are in over their heads with their mortgages. Not just any mortgages, of course – only those by Fannie Mae and Freddie Mac. You know, the very institutions which helped to get [...]
By Rabble Rouser Reverend Amy on May 29, 2011 in Bamboozling, Barney Frank, Congress (House & Senate), Current Affairs, Economy, Egypt, Fannie Mae, Foreign Aid, Foreign Policy, Freddie Mac, Hoodwinking, Middle East, Muslims & Arabs, President Barack Obama | View Comments
On Thursday, Obama signed – via computer – an extension for the Patriot Act, after it was passed by the House and Senate. This allows it to be in effect until June 1, 2015. You remember the Patriot Act – it is the one many of us were furious about when the Bush Administration came [...]
By Rabble Rouser Reverend Amy on Jan 24, 2011 in Bailouts, Current Affairs, Economy, Fannie Mae, Franklin Raines, Freddie Mac, Governance, Hoodwinking, Mortgage Crisis, Mortgages, Obama Comrades, President Barack Obama | View Comments
Who would that be, exactly? Oh, you are going to love this. We, you and I, American taxpayers, are footing the LEGAL bills for the Fannie Mae/Freddie mac executives who drove our economy into the ground for fraud suits filed against them starting 10 years ago. Who would that be, exactly? Oh, you know, people [...]
By Larry Doyle on Oct 14, 2010 in Current Affairs, Economy, Fannie Mae, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Sense on Cents (Larry Doyle blog) | View Comments
What is really going on in regard to the moratorium on mortgage foreclosures? A lot. Not all of it would qualify as the best of “sense on cents.” My thoughts include the following: 1. Can we now declare the HAMP (Making Home Affordable) program to be totally futile? How is it that everybody on Wall Street and in Washington [...]
By Larry Doyle on Jun 14, 2010 in Economy, Fannie Mae, Franklin Raines, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, Sense on Cents (Larry Doyle blog) | View Comments
When the day of reckoning comes, the record will show that those misguided, incompetent and reckless legislators who supported and were supported by the house of cards known as Fannie Mae and Freddie Mac will have cost our nation untold hundreds of billions of dollars. In fact, the losses attributed to these organizations may ultimately [...]
By Rabble Rouser Reverend Amy on May 11, 2010 in Bailouts, Christopher Dodd, Congress (House & Senate), Current Affairs, Democrats, Economy, Fannie Mae, Freddie Mac, Governance, Housing & Housing Crisis, Mortgage Crisis, National Debt, Tim Geithner, U.S. Treasury, treasury department | View Comments
And Fannie Mae are not included in the big Financial Reform Bill? I am just curious since they helped create this economic situation in which we find ourselves, and have drained billions of dollars from the coffers over the past couple of years. Now they want MORE. Oh, yeah – Freddie Mac is asking for [...]
By Rabble Rouser Reverend Amy on Apr 1, 2010 in Bailouts, Bank Bailouts, Barack Obama, Bush administration, Congress (House & Senate), Current Affairs, Democrats, Depression, Fannie Mae, Franklin Raines, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, National Debt, Unemployment | View Comments
~~Bumped Up~~ The DOW continues to be on the rise, which is certainly some good news, particularly for investors. Unfortunately, that is not translating into new jobs. Quite the opposite, in fact. For the second week in a row, first time unemployment benefits have risen, this week close to half a million (484,000), a rise [...]
By Rabble Rouser Reverend Amy on Mar 27, 2010 in ACORN, Chicago politics, Congress (House & Senate), Fannie Mae, Freddie Mac, Home Loan, Mortgages, Racism | View Comments
Or is it? Much has been made of late about the national office of ACORN shutting down, on April 1st, no less. Yes, that is a bit telling in and of itself. Hence this article, ACORN SWAP?. That pretty much sets the tone: ACORN, the embattled community activist group, says it is disbanding. The group, [...]
By Rabble Rouser Reverend Amy on Jan 29, 2010 in Bailouts, Bamboozling, Bank Bailouts, Congress (House & Senate), Current Affairs, Economy, Environment, Fannie Mae, Freddie Mac, Health Care, Hoodwinking, Housing & Housing Crisis, Obama's Broken Promises, President Barack Obama, TARP, Wall Street | View Comments
Jon Stewart had Harvard Professor, Elizabeth Warren on recently to discuss TARP and Wall Street. It was an interesting interview, to be sure (h/t to Pat), and provided a historical perspective: The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
By Rabble Rouser Reverend Amy on Jan 22, 2010 in Arrogance, Bamboozling, Bank Bailouts, Barack Obama, Barney Frank, Bill Clinton, Chicago politics, Current Affairs, David Axelrod, David Plouffe, Democrats, Economy, Emperor's Clothing Syndrome, Fannie Mae, Flip Flopping, Foreign Affairs, Franklin Raines, Freddie Mac, Hoodwinking, Housing & Housing Crisis, Messiah, National Debt, National Infrastructure Investment Bank, Obama's Priorities, treasury department | View Comments
Like a voter scorned. Many of us are reaping the sweet rewards of, “I Told You So” with many of our Obot friends, family, and acquaintances. We did, we tried, we hoped, we cried, and nothing would sway them from the One True Messiah of Obama. Well, those days seem to be slipping away, don’t [...]
By Larry Doyle on Jan 6, 2010 in Current Affairs, Economy, Fannie Mae, Freddie Mac, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Sense on Cents (Larry Doyle blog) | View Comments
If you wonder why America is broke, look no further than the individual who wanted to roll the dice on sub-prime lending, that is the Democrat from The People’s Republic of Massachusetts, Barney Frank. In an interview on CNBC, Frank as much admits that maybe sub-prime lending should have been more regulated. Wow! What balls! [...]
By Larry Doyle on Jan 3, 2010 in Bailouts, Barney Frank, Current Affairs, Economy, Fannie Mae, Freddie Mac, Housing & Housing Crisis, Larry Summers, Sense on Cents (Larry Doyle blog), U.S. Treasury | View Comments
Blank checks are the antithesis of good public policy. America can not allow the passage of time to lessen the outrage over the Obama administration’s Christmas Eve bonus to the financial sinkholes known as Freddie Mac and Fannie Mae. Platitudes and posturing aside, the American taxpayer is being set up as never before. A blank [...]
By Larry Doyle on Dec 30, 2009 in Bailouts, Current Affairs, Economy, Fannie Mae, Franklin Raines, Freddie Mac, Housing & Housing Crisis, Sense on Cents (Larry Doyle blog) | View Comments
I remain incensed at the sheer arrogance and brazen demeanor of the Obama administration providing a blank check on Christmas Eve to cover future losses of the failed institutions Fannie Mae and Freddie Mac. Given the fact that this check has been issued, America deserves to know what exactly it is covering. Over and above [...]
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