In MaoBama’s Amerika.

By: Skip MacLure (Diary)  |  November 14th at 01:40 PM  | 

Street goons dictate municipal policy to weak and vacillating socialist mayors, literally afraid of their own shadows. Fannie and Freddie never stopped generating toxic mortgages. They’re 6 billion dollars in the hole this year… so far. In Maobama’s Amerika, it is the middle class who are the real targets. Maobama knows, as does any totalitarian, that in order for their misshapen, discordant philosophy to prevail | Read More »

Stop The Fed!

By: Skip MacLure (Diary)  |  November 5th at 06:41 AM  | 

Five hundred billion more, freshly printed, absolutely valueless, dollars. It’s being fronted as a boost to the economy through funneling money to the mega banks, who will then presumably buy more of Fannie and Freddie’s marginal and junk mortgages in the form of securities and bonds. What they are doing is absolute Keynesian garbage. People all over the country have used basic economics to figure | Read More »