The biggest financial deception of the decade

US Promises Unlimited Financial Assistance to Fannie Mae, Freddie Mac
//www.commondreams.org/headline/2009/12/25-0

--------

Fannie Mae and Freddie Mac: Just a Four-Letter Word?

Dean Baker, Truthout: "The TARP, along with the much larger lending programs from the Federal Reserve Board and the FDIC, succeeded in preventing the financial system from collapsing. The banks are now back on their feet, with near-record profits and near-record bonuses for the executives who are so skilled in getting public money. The largest banks have now repaid their TARP money, with many smaller banks anxious to follow suit in order to avoid troubling questions about how they have used their taxpayer dollars. The major exception to the happy picture in the financial sector is the plight of Fannie Mae and Freddie Mac."

//www.truthout.org/1228092

--------

Fannie and Freddie get bailed out again

The Free Liberal

by Fred E. Foldvary

12/31/09

The US President’s administration announced on 24 December 2009 a holiday gift to American landowners. The government removed the cap it set on subsidies to Fannie Mae and Freddie Mac, the government-backed enterprises that buy mortgages from banks and other originators. The removal of the cap before 2010 avoided the embarrassment of needing Congressional approval. This policy move can be understood if one recognizes the main aim of government policy since the beginning of American history. The main purpose of the US government is to subsidize land values for the big players...

//www.freeliberal.com/archives/003964.html



The biggest financial deception of the decade

01/06/10

Freedom's Phoenix
by Jeff Clark

Enron? Bear Stearns? Bernie Madoff? They’re all big stories about big losses and have hurt a lot of employees and investors. But none come close to getting my vote for the decade’s most dastardly deception …

//tinyurl.com/ybho2el


Informant: Thomas L. Knapp

--------

Bernie Madoff, Free at Last

"F--- my victims," he said, loud enough for other inmates to hear. "I carried them for twenty years, and now I'm doing 150 years."

//nymag.com/news/crimelaw/66468/index2.html


From Information Clearing House



//freepage.twoday.net/search?q=Obama
//freepage.twoday.net/search?q=Bernanke
//freepage.twoday.net/search?q=financial+system
//freepage.twoday.net/search?q=Federal+Reserve
//freepage.twoday.net/search?q=FDIC
//freepage.twoday.net/search?q=bailout
//freepage.twoday.net/search?q=mortgage
//freepage.twoday.net/search?q=bonus
//freepage.twoday.net/search?q=taxpayer
//freepage.twoday.net/search?q=TARP
//freepage.twoday.net/search?q=Fannie+Mae
//freepage.twoday.net/search?q=Freddie+Mac
//freepage.twoday.net/search?q=Enron
//freepage.twoday.net/search?q=Bear+Stearns
//freepage.twoday.net/search?q=Bernie+Madoff
//freepage.twoday.net/search?q=financial+deception
//freepage.twoday.net/search?q=Zachary+A.+Goldfarb
//freepage.twoday.net/search?q=Dean+Baker
//freepage.twoday.net/search?q=Fred+E.+Foldvary

World-News

Independent Media Source

User Status

Du bist nicht angemeldet.

Suche

 

Aktuelle Beiträge

Manchin and His GOP Allies...
https://www.commondreams.o rg/views/2021/10/22/manchi n-and-his-gop-allies-are-l ying-you-about-what-it-mea ns-live-society?utm_term=A O&utm_campaign=Daily%20New sletter&utm_content=email& utm_source=Daily%20Newslet ter&utm_medium=Email
rudkla - 23. Okt, 05:46
Don't Blow Up Our Future,...
https://www.commondreams.o rg/views/2021/10/20/dont-b low-our-future-senator-man chin?utm_term=AO&utm_campa ign=Daily%20Newsletter&utm _content=email&utm_source= Daily%20Newsletter&utm_med ium=Email
rudkla - 21. Okt, 05:44
'End the Jim Crow Filibuster':...
https://www.commondreams.o rg/news/2021/10/20/end-jim -crow-filibuster-republica ns-rebuked-after-torpedoin g-voting-rights-bill?utm_t erm=AO&utm_campaign=Daily% 20Newsletter&utm_content=e mail&utm_source=Daily%20Ne wsletter&utm_medium=Email
rudkla - 21. Okt, 05:42
Draft Report Accuses...
https://www.commondreams.o rg/news/2021/10/20/draft-r eport-accuses-bolsonaro-cr imes-against-humanity-covi d-19-recklessness?utm_term =AO&utm_campaign=Daily%20N ewsletter&utm_content=emai l&utm_source=Daily%20Newsl etter&utm_medium=Email
rudkla - 21. Okt, 05:41
There Can Be No Compromise...
https://info.commondreams. org/acton/ct/33231/s-1170- 2110/Bct/q-003a/l-sf-lead- 0014:208ed/ct16_0/1/lu?sid =TV2%3AQiiipVZQO
rudkla - 15. Okt, 05:45

Archiv

Dezember 2009
Mo
Di
Mi
Do
Fr
Sa
So
 
 
 
 
 

Status

Online seit 5999 Tagen
Zuletzt aktualisiert: 23. Okt, 05:46

Credits


Afghanistan
Animal Protection - Tierschutz
AUFBRUCH für Bürgerrechte, Freiheit und Gesundheit
Big Brother - NWO
Brasilien-Brasil
Britain
Canada
Care2 Connect
Chemtrails
Civil Rights - Buergerrechte - Politik
Cuts in Social Welfare - Sozialabbau
Cybermobbing
Datenschutzerklärung
Death Penalty - Todesstrafe
Depleted Uranium Poisoning (D.U.)
Disclaimer - Haftungsausschluss
... weitere
Profil
Abmelden
Weblog abonnieren