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Member Since: 11/2005Last Seen: 11/25/2009

Government takes control of� Fannie, Freddie

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The U.S. government announced on Sunday that it was taking control of troubled mortgage finance giants Fannie Mae and Freddie Mac, effectively wiping out shareholders' interest in the publicly traded companies.

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{"commentId":2832351,"authorDomain":"frankenberry"}

there is nothing more Communist than a central Bank haing a monopoly over the money supply. we were destined for this after 1913 when the privately owned Federal reserve was given the monoply over the money supply.

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    Reply#151 - Tue Sep 9, 2008 12:38 AM EDT
    {"commentId":2835350,"authorDomain":"diplomat55"}

    frankenberry....I'm afraid I have to respectfully disagree with you. What's happening here is not Communism. It's Fascism, plain and simple.

    {"commentId":2835350,"threadId":"351500","contentId":"1837886","authorDomain":"diplomat55"}
      #151.1 - Tue Sep 9, 2008 9:18 AM EDT
      {"commentId":2839014,"authorDomain":"frankenberry"}

      at the end of the day, there is no difference between only 2, only rhetoric. Semantics. either way, a small group controls and owns all the assetts, and use the threat of govt to keep the people scared and compliant.

      {"commentId":2839014,"threadId":"351500","contentId":"1837886","authorDomain":"frankenberry"}
        #151.2 - Tue Sep 9, 2008 12:39 PM EDT
        {"commentId":2842674,"authorDomain":"diplomat55"}

        frankenberry....Now that last sentence I can definitely agree with.

        {"commentId":2842674,"threadId":"351500","contentId":"1837886","authorDomain":"diplomat55"}
          #151.3 - Tue Sep 9, 2008 3:54 PM EDT
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          {"commentId":2848992,"authorDomain":"ljanney"}

          Wall Street is doing great. Problem is the media and the government seem to think that Wall Street IS the economy. As I see MAIN STREET is the economy and it ain't looking too good.

          {"commentId":2848992,"threadId":"351500","contentId":"1837886","authorDomain":"ljanney"}
            Reply#152 - Tue Sep 9, 2008 10:37 PM EDT
            {"commentId":2849968,"authorDomain":"frankenberry"}

            dont be fooled by Wall street, adjusted for inflation, real inflation, not the contrived CPI inflation, the markets are way down.

            {"commentId":2849968,"threadId":"351500","contentId":"1837886","authorDomain":"frankenberry"}
              #152.1 - Tue Sep 9, 2008 11:36 PM EDT
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