Part 4 - Exposing Fannie Mae and Freddie Mac: The Bailout

http://investing.meetup.com/21 - New York Investing meetup organizer Daryl Montgomery discusses the U.S. government bailout of Fannie Mae and Freddie Mac. The New York Investing meetup is a group of 1800 independent traders and investors that provides investment education and analysis to the public. We also have an associated blog, "The Helicopter Economics Investing Guide" at: http://nyinvestingmeetup.blogspot.com

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[bfurness80]

yes, but the Fed, those who are stealing from the American people, care not for the economy. they are a cartel of international banking families. 12 of them. Bernanke carries out their wishes. our media, our dollar, our country have been stolen.

[anongrey]

Laidies and gentlemen, gather round. Behold the wonder. You shall will witness a nation vanish before your very eyes and then be replaced with that of another, and you will be so mezmerized, you will never even know the difference! Chango-presto, did you see that, folks? Did you catch that sleight of hand? Of course not, it would not be a trick if you did. The United States of America now = The Corporate Military Complex of Fascism. And liberty dies to the sound of thunderous applause. Hooray!

[odin422]

we are fucked.

[jiffy2001]

I quite agree. The US national debt is predicted to be over 50 trillion by 2040. Nationalising Fanny Gay and Freddy Spack is only going to make it even higher.

[fuzzywzhe]

> We cannot afford this. There is no economy to

> support any of it.

There's YOU.

YOU are now on the hook if somebody defaults on their mortgage payment.

YOU are now a bond holder in Fannie Mae and Freddie Mac. These are bonds NOBODY in the world was willing to buy.

[bfurness80]

everything thats going on right now in the USA is fraud. from the wars, to these bailouts, to the "elections". the media coverage of the above, which looks the other way or slants the truth 9 times out of 10, is also fraudulent.

one must ask: who is behind this?

/watch?v=pjWim6mCaYU

[moneymagnetelizabeth]

We cannot afford this. There is no economy to support any of it.

[Yourdeadmeat69]

Bailout in progress! FRE/FNM nationalized, this weekend, but, Chinese, Russian foreign FNM/FRE bond holders are preserved (they fund our war machine with debt), but, trashing American FRE/FNM common shareholders.

Republicans are toast, GSE are toast, no one will ever invest in them.

[Yourdeadmeat69]

You only need monetary CONTROL, when paper versus gold or silver, backs your currency. 4silver dimes still buys 1 gallon of gas, the silver worth $3.80--paper, the ghost of money (Thomas Jefferson) deflates to FORCE investment, a Depression tactic FDR instituted, out of date 65 years.

Of COURSE FED prints money, it's worthless, who "cares"? Today, a dollar's worth a 1971 dime, today's dime a penny in 2045.

Solution? Reinstitute gold & silver, no Fed required. Endgame this fraud.