Fannie, Freddie and the Fed
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Uploaded by marketplacevideos on Apr 2, 2010
The Federal Reserve said this week it will no longer buy mortgage backed securities from Fannie Mae and Freddie Mac. Some people worry mortgage rates could rise as a result. Senior Editor Paddy Hirsch explains why.
- 85 likes, 1 dislikes
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Top Comments
All Comments (37)
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@NeonGen2000 *And a government too pussy of its power to demand justice and transparency.
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@cooldudecs At least when it's a government, you know who to 'hang'. With the Federal Reserve your dealing with a group of undisclosed investors who own the bank. And a government to pussy of it's power to demand justice and transparency.
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I like your videos ,you speak clear, and give good examples and good jokes
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@cooldudecs i agree, but it s not the government, but the fed and that even a bigger problem
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Government intervention in the free market is never good...
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@theDeckisStacked Yup, if interests are high, eventually everything will go back to normal even thou it could take decades at this point or really high interest (25-35%). Currently, over half the people are not paying the unconstitutional income tax on our wages/labor, with the amount Ben is printing while buying these bad assets in our name and our children's name, hyperinflation would seem extremely likely.
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i love these videos
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MASSACHUSETTS SUPREME COURT RULES AGAINST BANKS IN FRAUDCLOSURE 1-7-2011
watch?v=pbg6IKBQgqc
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keep up the good work.btw we resemble by the fact that my drawing skills are also non-existent lol
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Hey Patty, Its "Good friday" and I am already drinking :)...health to you and thanks for these informative vdo's
0musing 1 year ago 6
always ends up badly......
lisajason111 1 year ago 4