j-dub

Merry Christmas, Fannie and Freddie: Treasury Support Increased

I guess you missed the second part of advice where everything will solve itself and to just "Relax"..................

Better?
Me neither


On Dec 26 01:48 PM apberusdisvet wrote:

> If we can survive as a sovereign nation (unfortunately, I have my
> doubts), we are in for at least 10-15 years of stagnation. Next year,
> we'll get the first indication that our paper is worth essentially,
> far less than we ever would have imagined. The deficit amounts are
> non-sustainable. Obama will soon guarantee unfunded government union
> pension guarantees, now totally $99 Trillion nationwide. All of us
> are going to pay for the coming state bankruptcies; CA MI, NY, etc.
> Every single piece of legislation will take money from those who
> work to pay for entitlements for those who don't, can't, or who are
> illegal. One poster above thinks that 2012 will show an uptick. I
> would love to think he's right; unfortunately, I know better.

Fannie / Freddie - What Does Treasury Know?

I believe that a third party will emerge if not by next year, then DEFINITELY by 2012. This party, I am guessing, will be backed by the same people that will challenge the constitutionality of the health care reform bill. The Republicans better realize that they HAVE to get on board if they don't want to lose a good portion of their current base.


On Dec 25 05:00 PM Alan Young wrote:

> @j-dub: what do you think an election is going to accomplish? Can
> you get rid of the party that bailed out the FREak brothers in 2008
> AND the party that is keeping them afloat in 2009? And even if you
> could, what would you replace them with?
>
> On Dec 25 09:52 AM j-dub wrote:

Fannie / Freddie - What Does Treasury Know?

There is not a .00000000000000000001% chance the black hole that is Freddie and Fannie will have anything marked anywhere near the vicinity of reality.

This is not my America and it pains me to say it might never be again. I do however look foward to the 2010 elections.


On Dec 25 09:31 AM sceptical wrote:

> Question: do FNM/FRE mortgages have to be "marked to the market"
> ? If so, what happens to the balance sheets of FNM/FRE when interest
> rates start to rise ?

Ben Bernanke Pleads for His Job; My Response to Bernanke

Ode to Ben

There once was a man named Bernanke.
A Wall Street whore and government lackey.
To the Federal Reserve chair he rose.
The events surrounding the Great Depression, he knows.
Still, wrong time after time.
Someone throw him a line.
A complete failure, back to Princeton, he goes.

10 Reasons to Believe That We're in a Depression

COUNTERPOINT:

Since I lost my job earlier this year, I am able to stay home and watch CNBC all day, everyday. And I've learned three very valuable pieces of information from watching day in and day out that I am happy to pass on:

1) Everything is fine.

2) Our government is making ALL the right moves because Ben Bernake is a genius.

3) The economy is just a bit behind schedule concerning employment. That'll solve itself. (refer to #1)

Watch a lot more CNBC Mr. Clark, and you'll come to the same conclusions. They don't get involved with all those fancy numbers and such and it's fun to watch Cramer jump around.

When Will This Bear Market Rally End?

The better question would be as to how to trade this market.
You want to make any money here?

Ok, first call the most savvy, intelligent, and logical individual you know.
Get him/her to quit his/her day job and work with you as a full time day trader.
Every morning, have him/her stand on their head, hold their nose and push the buy button!!!!