2009-09-28 — chrismartenson.com
``It turns out that in 2009 (again, through August), the Federal Reserve has bought $624 billion of MBS and a further $98 billion of Agency debt, for a total of $722 billion in money injection into the housing market through Fannie Mae, Freddie Mac, and the FHLB... What all this means is that when (not if) the Federal Reserve begins to try and unwind itself from all of the magnificent interventions of the past year, it must contend with the fact that it is the housing market.''
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catherine at 08:14 2009-09-29 said:
GOOD ONLY 49 TRILLION MORE TO GO.............AND THIS WAS DONE WITH TOTAL DEMOCRAT MAJORITY............WE ALL HEARD THE BUSH BASHING, NOW LET THE DEMOCRAT BASHING BEGIN...........(THEY ALL NEED TO GO PEOPLE) Permalinkadd a comment | go to forum thread
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