Freddie Mac-No Politics (FMCC)

[brute_force]

I do see Brute force making more false or misleading arguments than rawnoc.

LMFAO! You DO, huh? But , for whatever reason, you don't want to be specific, eh?

As for the "housing market", you don't get what the problem is - DEREGULATION. When one buys a mortgage now, the lender doesn't care about your creditworthiness. He knows he will immediatelty sell the debt to FRE & FANNIE. So, in essence, the lender did NOTHING but make money without any pay-out. Just how the federal reserve works. Do you think the federal reserve has a mint of gold bricks somewhere backing the money they print? LMFAO! The debt is covered by the taxpayers, not the Federal Reserve. They just BACK the debt if it isn't covered and if they're ever forced to cover it, like FRE, they'll need a government bail-out too. Do you really think the US taxpayer gives a ratz azz about those trading FRE for a quick buck? PULEEZE. You guys are just silly or niave.