triznix

Fast and Easy Fannie

Fast and easy, like a whore.

Jim Rogers' Picks and Pans - Barron's Interview

how do you invest in water?

Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy

It's not socialism we are heading towards, its fascism: the melding of corporate and federal government power

Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy

Or how about the way greenspan flamed both bubbles back-to-back, then bailed out of the hot seat right before things went south. Then what did he do? He got a board seat on one of the few hedge funds to profit in the downturn.

Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy

How about the fact that Paulson was recently the head of goldman sachs, switched over to head treasury, and the whole time that the sub prime thing was going on he continued to cheerlead the economy, while GS was the only IBank to make big profits in the downturn. And now Goldman Sachs experts are being invited to the white house to "discuss" the situation. JPM was also the bank of choice to lead the bailout after the crash of 29.

Fannie and Freddie Get a Little Breathing Room

This in combination with the raised jumbo limit is definitely enabling. More risk on bigger loans, continuing to prop up inflated house prices. The implication is just that the Federal government is "absorbing" the risk. End result is more dollar devaluation and inflation. More coolaid, anyone?