QUESTIONABLE

Fannie & Freddie: Myth vs. Reality, Part 2

The Current State Of Affairs is Reflect in the Market Value of Fannie May and Freddie Mac because they are not a Private Loan Company... in 1933 Rosevelt created Fannie Mae as a work around the FDIC and the standard loan requirements so that Indigent and Poorer Veterans could obtain a home loan. The Current Market Value is based on the Future and True Intent of these Programs.... They are Federal Insurance for local/branch offices of the same big finance institutions doing the damage to our economy as I stated above...... why are the two detitute and having monetary troubles????? because they spent all their capital backing up the defautled improperly and illegally approved by these big financial institutions, who pushed down the interest rates with their artificially inflated demand and "coining of Money" on the Futures and COmmodities Markets with defaulting of Federally Insured Loans to one another........ this is FALLOUT........... and now you the tax payer will pay..... You next question why are these same banks doing so poorly then...... look at the Executive pay increases, payouts, and shifting of funds in investments outside of the US..... that's were this ignormous profit is....... and what are the banks doing now yet again...... shift and hide the profits, cook the books and ask for Federal Bail-out, sell off..... or get the bail-out stay ofloat and keep shifting the foriegn investments around using hedge funds...