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Freddie Mac Need Another $10.6 Billion

Started by guido911, May 05, 2010, 05:38:57 PM

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guido911

Someone get Hoss a pacifier.

YoungTulsan





I just given him treefiddy the week before

What?! You gave that monster another damn treefiddy?!

He tricked me

Well no wonder the damn monster keeps coming back to our house! You keep giving it treefiddy!


Tree fiddy 10 Billion
 

Hoss

Quote from: YoungTulsan on May 05, 2010, 07:10:48 PM




I just given him treefiddy the week before

What?! You gave that monster another damn treefiddy?!

He tricked me

Well no wonder the damn monster keeps coming back to our house! You keep giving it treefiddy!


Tree fiddy 10 Billion

Awesome South Park reference...

"It's a g*ddamn succubus!"...

Gaspar

Non news item. . .   

The ministry of information has forbidden coverage on the major networks.

The near half-billion no-bid contract Obama just gave to Halliburton is also off limits too.

Please refrain from speaking of these on the forums.

Thank you.
When attacked by a mob of clowns, always go for the juggler.

Cats Cats Cats

If Bush were still President he wouldn't give Freddie Mac any government aid.

heironymouspasparagus

Probably not.  He gave a trillion to the bankers, but not 10 billion to mortgage holders.

Halliburton - well at this pace (half billion at a time) Obama will have given them about half what Bush/Cheneyh gave them in about another 15 to 20 years!  Good thing he will be long gone by then!




"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don't share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.

nathanm

So are these real mortgage losses hitting now, or are we still in the "making Fannie and Freddie take much larger loss provisions than commercial banks, thereby crapping all over their balance sheets" mode? (Really, it's more the commercial banks that are underprovisioning, not Fannie and Freddie overprovisioning)
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

we vs us

Quote from: nathanm on May 11, 2010, 02:38:32 PM
So are these real mortgage losses hitting now, or are we still in the "making Fannie and Freddie take much larger loss provisions than commercial banks, thereby crapping all over their balance sheets" mode? (Really, it's more the commercial banks that are underprovisioning, not Fannie and Freddie overprovisioning)

Can we not talk about how complicated the underlying economics of the situation are?  They really get in the way of my unmitigated fury at all things government related.

nathanm

Quote from: we vs us on May 11, 2010, 03:27:25 PM
Can we not talk about how complicated the underlying economics of the situation are?  They really get in the way of my unmitigated fury at all things government related.
Sorry, the double standard gets in the way of my outrage.  ;D
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

Conan71

Quote from: we vs us on May 11, 2010, 03:27:25 PM
Can we not talk about how complicated the underlying economics of the situation are?  They really get in the way of my unmitigated fury at all things government related.


Aw, come now!  It's nothing more complicated than stupid people buying things they didn't need with money they didn't have, at payback rates they could never afford.

Resume your anger now...are you sure you are okay today?  That "unmitigated fury at all things government related" sounded like something I'd say.
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

nathanm

Quote from: Conan71 on May 11, 2010, 03:45:21 PM
Aw, come now!  It's nothing more complicated than stupid people buying things they didn't need with money they didn't have, at payback rates they could never afford.
Yeah, the unemployment rate has nothing to do with people's ability to service debt.
"Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration" --Abraham Lincoln

Conan71

Quote from: nathanm on May 11, 2010, 03:58:09 PM
Yeah, the unemployment rate has nothing to do with people's ability to service debt.

Has something to do with companies not being able to service debt in many cases.
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

we vs us

Quote from: Conan71 on May 11, 2010, 03:45:21 PM

Resume your anger now...are you sure you are okay today?  That "unmitigated fury at all things government related" sounded like something I'd say.

You know, you're right.  I was down at Veteran Park this weekend for a run and I think I might've stepped in a puddle of left over Tea Party from a couple of months back.

heironymouspasparagus

Enlightenment ensued today on tea party related item - especially as relates to the tea baggers.  Had a young kid at work explain what 'tea-bagging' is...
I think I will have to stop using the term.

Or not.

"So he brandished a gun, never shot anyone or anything right?"  --TeeDub, 17 Feb 2018.

I don't share my thoughts because I think it will change the minds of people who think differently.  I share my thoughts to show the people who already think like me that they are not alone.

we vs us

Quote from: heironymouspasparagus on May 12, 2010, 08:03:35 PM
Enlightenment ensued today on tea party related item - especially as relates to the tea baggers.  Had a young kid at work explain what 'tea-bagging' is...
I think I will have to stop using the term.

Or not.



You're a little late to the game on this one.  This has been a source of pride/derision for the home/away team for months now. 

Some of us, however, have known what the term REALLY meant since about 2004.