What a nice cover-- you see your honor, folks, all the Moves (sweep, refusal to release or uplist, Deferred pay raises) of the GSEs, are independent acts of the conservator. He is doing what HERA demands, this theft is not us, we don't like it but it is the law. we can't control this by law.. This is congress. Obama is sly as Muhammad himself,
Living in this fundamentally changed country, under this administration, is a HUGE risk.
No matter how much he deserves it , or has earned it, please don't make these type of statements. It cheapens the forum.
Sam, I have been reading your post. You are awake, and on the right track.. I am banking with the credit union, won't vote for a single democrat, and hope and doing all I can to raise attention to this big fraud and theft. We have to win this for the sake of our nation. It's that important.
Is this possible-- that the largest company in the united States is Government owned and Managed? That all the PROFITS go to the Government? That the company will be bled dry of Capital and forced into receivership? Bankruptcy? And citizens are worried about ISIS? The courts are jacking this around like it's mundane civil litigation? Wake up ! Wake up!
This is really a dangerous problem our nation faces. Even more than ISIS. if our President will/ can allow and even direct our Government to steal, cover up and break the law, what do we have, where do we live. Hitler destroyed Germany while the press and people mentally slept. Wake up America!
Any small business man sees it. It is why the economy is stll staggering. I agree time to give republicans a chance to jump start this economy and country. But can we trust them?.. I pray so.
Read his speech on not letting shareholders profit from bailout---BOvine scatterings-- BS
read ADMINISRATION comments on justification for profit sweep--more scattering -- MS
READ the reasons for the sweep to continue ---- piled higher and deeper----------------- PHD,
I THINK I AM FULLY EDUCATED ABOUT WHAT THIS PREZ IS ABOUT.
FREE THE GSEs Mr.Presedent
Sadly you and others misplace the blame. The media is not the one responsible to keep the law and protect the constitution . The court system is. Direct your anger and energy towards fixing the out dated too slow for justice court. Bring attention to where the real problems are-- the worthless Justice system in need of a major overhaul. It is them who have failed to act... Cowards!
The constitution lives only if it is implemented. Our Justice system is too antiquated for modern society. It moves too slow to keep up with the pace of life. Fannie and freddie will be in receivership before discovery is started. Mortgages will disappear, home values will disappear, our way of life for over 100 years will change. Get ready for it. The constitution is useless document a thing of past, if it is not enforced. Executive will not, congressional can not, Justice is asleep, and run by a bunch of old outdated political cronies. Our only hope is the people. Good luck with that.
This is truly the plan. Delay, delay, delay. Make Fannie and Freddie go away along with the 30 year mortgage. Make housing worth less, and redistribute the wealth in a way that will" fundamentally change America". So my Heath insurance has been taken, the value of my home will be taken. What a s-bag country we have allowed to develop.
If no action is taken and the sweep continues, inevitably the GSEs will close. The 30 year mortgage will disappear. This will create a situation where there will be less qualified buyers ,resulting in a huge downward spiral of real estate values, which represents 80 % of the personal wealth of all Americans. In effect we will have homes we can't sell for their appreciated values. Obama will have fundamentally changed America. The constitution , being ignored will kill / " fundamentally change" America. Wake up wake up citizens.