Now Federal: Housing Market.
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- scottON
I needed a good title to catch your attention.
The U.S. Government is taking over the housing market by propping up Fannie Mae and Freddie Mac with $100 Billion each. These two companies will be bound to repaying the U.S. through a 'credit line' - what will probably become a federally backed bureau or more less corporation. This corporation will be the keeper of two of the largest mortgage-owning campies in the United States. In otherwords, the Government will ultimately acquire the power formally held by mortgage giants.
This is a disaster. Driving more speculation, inflation and debt - this shit has got to STOP!
- BonSeff0
they don't want to say it, but the tax payers are gonna be holding the bag on the defaulted notes
- flashbender0
Where is hedge when I need him?
He can explain this all to me so it makes sense.
- akoni0
um it won't stop until all the companys get themselves under control... belive me, i work for one, and am getting pinkslipped because of it
- scottON0
fucked up.
- robotron3k0
Ron Paul!
- bliznutty0
you can find the dvd in 5 sections on youtube.
just query 'money as debt'
i'll start you off