Barney! Say It Isn’t So.
Barney Frank lauded, flacked and defended the two institutions many people feel were major factors in the collapse of the mortgage market and, through them, the housing and construction industries. Barney Frank Fannie and Freddie, the two government entities which had been producing most of the high-risk paper, bundling it and selling it to other mortgage banks. Eventually, the market turned toxic with bad mortgages | Read More »
Hey Big Spender! Obama Must Have $50 Billion, It’s An Emergency!
It’s a saga that would have challenged the imagination of an ancient Nordic bard… the dragon, the perfidious gods, the legendary heroes, the evil villains… sorry folks, there’s no maxi-sized soprano hoisting a spear and shield in this one. Barack Hussein Obama is presiding over the worst economy and economic outlook since the great depression. There are some that would argue that we’re already there. | Read More »
Witnessing The Wilderness That Is The Obama Presidency.
It’s a grim, foreboding landscape littered with the wreckage of failed government programs, destroyed manufacturing, lost jobs, foreclosed homes, banking and institutional failures… the list goes onward. To refer to Obama’s performance as uninspiring would be kind. It’s very apparent that the job is just too big for the man. Obama, his advisers and government just don’t have a clue and it looks very much | Read More »
Obama: I, I, Me, Me, I’ll, I’ll….
Ohio brought out the best Barack Obama has to offer – and it isn’t much. He did a lot of speech-making about how he was doing this for us and how he was going to do that for us. The only problem, as far as the people of Ohio and the rest of the nation are concerned, is that it’s not about what he’s going | Read More »
Obama: Unlimited Funds For Freddie-Fannie.
While the rest of the nation stagnates and one out of five Americans is out of a job, President Obama, in the still of the night, approved UNLIMITED FUNDING for mortgage giants Fanny Mae and Freddy Mac. The two entities that are probably singularly most responsible for the crash of the sub-prime housing loan market. Although they were successful in lining the pockets of many | Read More »