Fannie, Freddie, FHA REO Inventory Increases 13% in Q2 from Q1 2010

catherine at 04:19 2010-08-11 said:

the Fed has said they are going to turn the spigot on FULL POWER to buy billions of worthless mortgages for us the lucky TAXPAYER, WOW THAT WAS CLOSE, we were soooooooooooooooo close to maybe seeing some band-aid rip off action.................

but the KING kicker of the can down the road --the FED came out right on time for the elections...............great.................now those banks and mortgage companies and FHA and fannie and freddie can dump some more of that cr--ap on the poor taxpayers backs...............

and while the FED was working their magic, Oilybama and those Democrats came to the rescue of the unions (hey 99ers get out of the picture and shut up)

ponyed up 26 billion to replenish those poor, broke union funds too..............wow

THANK GOD for this 'kickthecandowntheroad' moment..............NOT!!!!! :evil: :evil: Permalink

Ed Wright at 05:17 2010-08-11 said:

I am told that market studies on the building costs of mud for huts in Africa is increasing. Do you think Obama will start some program to assure at least the rents on Mud Huts remain affordable, or just grant Africans citizenship here in the US?

We could deport all the legal US taxpaying citizens and everyone could live in an affirmative action heaven. I’m told mud hut construction meets Al Gore’s “Green Standards,” so the democrats could count any new jobs created as “Green Jobs!” WOW, it’s a “Win / Win!”

WAKE UP AMERICA before Obama converts the American economy into a mud-hole socialist utopia! Just add half of Mexico and stir (grant amnesty)? The democrats are working on it! Vote the bastards out in November!! Permalink