Former general counsel at the US Treasury Peter Wallison said that Fannie Mae and Freddie Mac were too powerful to regulate. The US Treasury is now going to provide unlimited support to these agencies for the next three years. This is one solution to Mr. Geithner’s “Nunca Mas” policy to do whatever it takes to [...]
Entries from December 2009
Fannie Mae and Freddie Mac Were Too Powerful To Regulate Taxpayers on hook for more than $400 billion
December 31st, 2009 · No Comments
Tags: Geithner · US Treasury
Move Your Money: A New Year’s Resolution from Huffingon Post
December 31st, 2009 · No Comments
This is the most sensible course of action that Americans can take in 2010. Just do it. From Huff Post
Too-big-to-fail banks are profiting from bailout dollars and government guarantees, and growing bigger. Tell us which community bank you use, and why.
Last week, over a pre-Christmas dinner, the two of us, along with political strategist Alexis [...]
Tags: banksters
Obama Says, “We don’t have enough public dollars” …to create jobs
December 3rd, 2009 · No Comments
by John Bougearel
At today’s December 3 2009 jobs forum with business leaders, Obama confessed “We don’t have enough public dollars to fill the hole of private dollars that was created as a consequence of the crisis.” Translated, the administration wasted all the public dollars saving the private sector (read banks, GSE’s and insurance companies) that [...]
Tags: Geithner · jobs · obama · stock mkt · unemployment



