freddie mac
Mitt Romney Isn’t Telling Us Exactly How He Will Ruin The Housing Sector
Good news, everyone! Romney/Ryan have no specific plans to ruin the housing sector at this point, which is probably a good thing, given that Mitt Romney has been pretty clear about his interest in ruining education and Paul Ryan has a very specific plan to ruin Medicare and Medicaid. So let’s just all respectfully disagree [...]
Freddie Mac Regulator Cordially Invites Homeowners To Bite Him
Oh HI, 31.4% of homeowners that are underwater on their mortgages! Would you like to change your name to Freddie Mac or Fannie Mae, or perhaps even just “bank”? Because if not it is too bad and so sad for you, since the Fannie Mae/Freddie Mac regulator just said no WAY hozay to a plan [...]
Gingrich’s Latest Target: Elitist Apartment-Dwelling Subway Riders
In a speech at a rally for the National Association of Home Builders last Thursday, posing in front of an unbuilt home that no one will ever buy because no one can get a mortgage, alleged fiscal conservative Newt Gingrich argued on behalf of home ownership and government support of it, and in the process [...]
Newt Gingrich Now Against Filthy Excesses of Capitalism, What?
Here is a thing that Newt Gingrich said in New Hampshire, Newt Gingrich, he said this, are you ready for it? GET READY: “You have to ask the question, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of people and then walk off with the [...]
Evil ‘Homeless Costume Party’ Eviction Firm Closing, For Being Evil
Whoops! It is apparently Not Okay as of “since Occupy Wall Street started” for the sadistic owner of a foreclosure mill to openly mock the struggling families it makes truckloads of money throwing out of their homes by forcing its employees to costume themselves as homeless people for Halloween, so Fannie Mae and Freddie Mac [...]
Lying Liar Newt Gingrich Lies All Day Long, Is a Huge Liar
Pop quiz time! How many of the following things in this paraphrase of some dumb thing Stay-Puft clone Newt Gingrich said during a recent GOP debate are true: “The $300,000 I was paid by Freddie Mac were for my services as, uh, a historian.” Correct answer: ZERO. Newt was paid at least $1.6 million, and [...]
Unlike All You Rich People, Michele Bachmann Deserves Her Federal Loan
One of the richly ironic centerpieces of sparkly welfare princess Michele Bachmann’s garbled mind is a dogged conviction that recipients of federal monies are generally freeloading layabouts with not enough Protestant Work Ethic, angry white people code for “not enough melanin,” even though Michele is also predictably a constant recipient of dirty, sexy taxpayer funds. [...]
America Still Has Its Housing/Mortgage Disaster!
Those lousy Greeks/Europeans, how can they spend so much money propping up their failed economy and jobless cretins and mountains of bad debt? Don’t they have capitalist scruples or whatever? Oh yeah, and America’s government-run mortgage hander-outer, Fannie Mae, needs another $8.4 billion to get through next week maybe, things have been sort of tough, [...]
A LITTLE TOO LONG ON THE BUSINESS DESK: Here’s a wry bit of Gallows Humor from the Associated Press: “Kellermann’s death is the latest in a string of blows to Freddie Mac, which owns or guarantees about 13 million mortgages and us the No. 2 mortgage finance company after sibling Fannie Mae.” [AP]
A Festivus Miracle: No Fannie/Freddie Foreclosures! (Until January 9)
So, uh, the economy doesn’t seem to be doing much, uh, better. The S&P 500 is back down to 1997 levels. 1997! Everybody’s losing their jobs, if they still have jobs. Some are suggesting it will not even be a Merry Christmas, and that the real (Muslim) Jesus is sort of getting a kick out [...]
Black Town Hall Questioner Tears Apart McCain In Facebook Message
You may recall the second question from Tuesday night’s town hall debate from a young black fellow named Oliver Clark. Clark asked the candidates what the bailout package does for the Average American. McCain responded by attacking Obama for not regulating Fannie Mae and Freddie Mac — it was his ONE JOB AND HE BLEW [...]
McCAIN’S KLEPTOCRACY: Freddie Mac insiders tell invisible pretend newspaper that McCain campaign manager Rick Davis was actually taking $15,000 a month from the ruined mortgage giant until last month. [New York Times]
THE BLACKS DID IT: Speaking of Neil Cavuto, here he is blaming the entire financial crisis on Fannie & Freddie loaning to “minorities and risky folks.” Why did Michael Steele Barack Obama lock into mortgages he couldn’t afford? [Media Matters]
Michele Bachmann Says Comical Thing About Economy
Staunch conservative baby harvester Rep. Michele Bachmann sez: “First we were told that Bear Stearns was too big to fail, then we were told that Freddie/Fannie were too big to fail, then we were told that AIG was too big to fail. What’s next, Starbucks too big to fail?” Ha ha ha, oh heavens, we [...]
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