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The Domino Depression, Fannie Mae, Freddie Mac,and more lies

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Uploaded by on Sep 7, 2008

http://www.FutureMoneyTrends.com
The dollar
http://goldmoney.com/en/commentary.php

Back to school sales
http://www.oregonlive.com/business/index.ssf/2008/09/retailers_report_dismal_...

Dim Holiday season
http://www.baltimoresun.com/business/bal-bz.retail05sep05,0,6035061.story

Retirement myth
http://www.usnews.com/articles/business/your-money/2008/09/03/parents-scale-b...

Consumer Spending
http://www.nytimes.com/2008/09/04/business/economy/04economy.html?_r=2&ad...

Credit Card defaults
http://www.financialweek.com/apps/pbcs.dll/article?AID=/20080902/REG/80902998...

Option Arms
http://us.ft.com/ftgateway/superpage.ft?news_id=fto090120081851438091&ref...

Fannie and Freddie
http://www.marketwatch.com/news/story/us-government-takes-control-fannie/stor...

CHICAGO (MarketWatch) -- The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday. The delinquency rate, which measures mortgages that aren't in foreclosure but have at least one overdue payment, also was the highest ever recorded in the MBA's quarterly survey.

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Uploader Comments (visionvictory)

  • Vision,

    Say something... anything!

  • Lehman was the sacrificial lamb. It was already dead and they new the markets would be manageable with the BofA story.

    This makes them look like they have repented from their bail out ways and are now showing restraint. LOL

    I just posted a new video, I only touch LEH for a 30 seconds, but will do another video soon.

  • hey guys, we have a new subscriber :)

    The talismanic ex-central banker said that the crisis was the worst he had seen in his career, still had a long way to go and would continue to effect home prices in the United States.

    "First of all, let's recognize that this is a once-in-a-half-century, probably once-in-a-century type of event," Greenspan said on ABC's "This Week."

Top Comments

  • The public has been dumbed down to accept anything - as long as they can hang on to their HDTVs.

    If CNN and Foxnews make a headlines that Aliens have invaded America, people would believe it LOL.

  • I think we are done.

see all

All Comments (560)

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  • ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

  • great now the bankers can buy up land for a penny on the dollar. has not this happened throughout history?

  • i'm feeling naughty at the moment p

  • If that is indeed a fact, I think it would be good for our money, or to save what was left before we lost every cent we ever had.... We need to get rid of the money sucking Federal Reserve first and foremost!!!!

  • I give vision victory an A********** grade for his above and beyond study and knowledge of exactly what ALL AMERICANS need to know!

    I agree with him, I have been tracking since 9/11 and knew it was the end of the USA that I have always loved.

  • What the heck do you guys get out of corrupting the record like this? You want to bring the whole house down to win the "game"? "Do your research". What good is that when

    you will stop short of research that will

    disprove your point? I've seen it happen countless times. The Republicans are nothing

    if not all about regulation and taking from the poor to give to the rich. A quick buck

    today and the people be damned. They have one

    simple purpose:

    "Everything for us and nothing for them"

  • joyful2326, what about all the other banks that failed? Nancy Peloski said it was the bushes administration ..some of Wallstreet problem..which the taxpayers should not have to pay for their unscrupulous acts..they prospered and we have to pay. I say NO DEAL.!!!

  • Capitalism is over forever in the USA, within the next two years by 2010.

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