Tag Archives: Fannie Mae

Barney Frank Leans On Fannie Mae Freddie Mac To Ease Up On Condo Loans

June 24, 2009 just a regular guy

Yeehaa….let’s go down this road again huh Barney? That’s right folks, this uber liberal disaster of a congressman has sent, along with his aptly named partner in this effort Anthony Weiner (D-NY), a letter to mortgage giants Fannie Mae and Freddie Mac requesting they pull way back on recently enacted rules that have been imposed […]

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Rahm Emanuel's $320,000 Fannie Mae Free Ride

March 26, 2009 just a regular guy

Imagine that, another Democrat who was involved with Fannie Mae, who made a pile of money for doing nothing and who is sitting at the top of the food chain in Washington DC…

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550 BILLION DOLLAR Electronic Run On Banks In September '08 The Real Reason For Our Financial Crisis?

February 8, 2009 just a regular guy

Is the real reason for our financial crisis a $550 billion run on our banks in September ’08 and not the subprime mortgage collapse as we were told? Perhaps we should follow along as Rep. Paul Kanjorski D-(PA) describes what happened back in September 2008, prior to the election, which launched what would become the serious financial catastrophe we are currently dealing with…

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Obama "Outraged" Over C.E.O. Pay And Bonuses. Conveniently Forgets About His Friends Franklin Raines, James Johnson

February 4, 2009 just a regular guy

Now we should take a moment to wonder just where Obama was when his friend and one time campaign advisor Franklin Raines, a former Chairman and C.E.O of Fannie Mae when the Securities & Exchange Commission’s chief accountant ruled that Fannie had improperly accounted for hedging transactions in its trillion-dollar portfolio of derivatives. The SEC eventually ordered Fannie to correct its books wiping out at least $6.3 billion of previously reported profit for years 2001-2004.

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John McCain for president. So easy a Democrat can figure it out.

September 29, 2008 jammer

9-29-08 Anyone that knows how things work in this country knows how incumbent politicians love hanging around election after election. Once attained, political office seems to grow on people to the point that they never want to leave and booting them out can be quite difficult. Much of the current financial mess this country has […]

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Fannie Mae, Freddie Mac, the Wall Street bailout and those lying Democrats.

September 22, 2008 jammer

9-22-08 So, the meltdown on Wall Street has exposed Fannie Mae, Freddie Mac and the Jimmy Carter Community Reinvestment Act for what they really were. Another Democrat handout to people that wouldn’t otherwise qualify to buy a home and a terrific source of campaign cash and suitcases full of money for the party and their […]

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