Comments on: Exclusive Book Excerpt: Fannie and Freddie’s Starring Role in the Housing Debacle

By: The 4th Awakening » Blog Archive » Exclusive Book Excerpt: Fannie and Freddie’s Starring Role in the Housing Debacle

Tue, 05 Oct 2010 12:31:01 +0000

[...] their homes at minimal initial cost, only to have their mortgage payments skyrocket later.” Read Story Share and [...]

By: Hayward Ca Homes

Hayward Ca Homes — Sat, 06 Feb 2010 07:42:33 +0000

nice book, great article

By: cliff the edge

cliff the edge — Sat, 07 Nov 2009 23:22:37 +0000

It is great to see someone looking into the mess that Franks and dodd and their committee created. Of course it needs to go back thru everyone for the last twenty years and if anyone lied about the books or got campaign bribes for letting someone else steal the public blind then hang them too! Raines is the first person to hang. He stole ninety milion dollars whikle heheaded up the createive accounting firm know as Fannie mae. Franks and Dodd along with a hand full of other congressional hacks had banner campaign fund raising years while Raines robbed the public of money based on cooking the books of Fannie with Franks, Dodd and Waters refusing to call for an accounting and publicly shouting his praises. Raines cooked the books! Does Bernie Madoff come to mind? It's the same damn thing and congrees was in on the crime! wake Up america! these *&*^%%^$$ are stealing you blind. Take back our country and kick them all out and put them in jail. stroip them of all the things they've acquired over the years because its fruit of the poison tree of crime and corruption. They are all corrupt since Reagan. It's our country and they need to be put out of our misery!

By: sharon

sharon — Mon, 02 Nov 2009 06:52:37 +0000

Gonzo is 100% correct. The Democraps engineered this. Remember Acorn sued the banks to give the poor mortgages they couldn't afford.Obama was their lawyer.Rahm also was on the board of one of these banks.Was this a carefully orchestrated plot by Obama,Acorn,Rahm and others to cause the crash to cause massive financial strife in the US? They turned a blind eye to the $90 million because it suited their purpose.They knew that there would be a big political dividend for the Democraps at the end of this.

By: Big Government » Blog Archive » What Do You Mean the Federal First-Time Home-Buyer Tax Credit Attracts Fraud?

Fri, 30 Oct 2009 16:03:25 +0000

[...] mentioned earlier (here ), the financial crisis was fueled by the government’s obsession with home ownership. Yet, [...]

By: WestWright

WestWright — Fri, 30 Oct 2009 14:39:08 +0000

Gonzo, great analysis of the gov caused financial meltdown and I love your better ending! God bless America!

By: G0NZ0

G0NZ0 — Fri, 30 Oct 2009 06:51:49 +0000

This story is the hinge-pin of our current economic and governmental crisis. I can sum up the story in a few sentences.

Leftist Congressmen create a politically correct Act under the guise of helping the poor and minorities, and coerce banks into making bad loans. In an effort to protect themselves, banks compensate by creating derivatives and bond pools to spread their risk. This 'free money' pours into the real estate market, inflating prices until the market explodes. Leftist Congressmen blame the banks, Wall Street, Realtors, American people and Capitalism for the mess.

The sequel? – Leftist Congressmen create a massive health care ponzi scheme that collapses the dollar, creating a crisis that forces the nationalization of the US economy, bypassing Socialism in favor of a Sino-style Authoritarian Government. Leftist Congressmen blame Doctors, Hospitals, Insurance companies, American People and Capitalism for the mess.

A better sequel?? – American People wake up and realize its freedoms, liberties, wealth and future are being systematically stolen by Leftist Congressmen, and they rally together and rout the Leftist Congressmen out of the US Government. American People blame themselves for not keeping better control of their government, and vow to never let it happen again.