Day: February 8, 2010

Fannie, Freddie, And Obama’s Hidden $6.3 Trillion Red Crayon Math

Please keep this graph of the upcoming Alt A and Option Arm resets from 2010 thru 2012 in mind while reading the following articles.  If you folks aren't choking on your cheerios now, you have much stronger illusionary capabilities than I do. How many more ways can we say, 'we are so screwed'... No Exit in Sight for U.S. As Fannie, Freddie Flail MCLEAN, Va.—When Charles E. Haldeman Jr. became Freddie Mac's chief executive officer in August, the ailing housing-finance giant had already consumed $51 billion of government money to stay afloat. It's likely to need even more. Freddie's federal…
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Andrea Mitchell’s Behavior “Appalling” (From A Liberal)

I did not cover the Sarah Palin, 'palm scribbles' scandal because it is ridiculous when compared to Obama's '57 states', the Great Lakes of Oregon, and dead soldiers in the crowd....but the immature left just had to jump like rabid dogs to hammer the former Alaskan governor. Enter Kirsten Powers, a very liberal reporter, whom I have watched fall out of love with the Obama administration. She hasn't completely owned up to the fact that she, like so many millions were duped by a slick, marketing campaign, but she is getting there. Shall we enjoy the media double-standard once again?
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