Fannie Mae-No Politics (FNMA)

[955]

Chalmer is absolutely right. Thomas Jefferson said it best and is now happening before our very eyes:

Thomas Jefferson, declared, "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

We all need to be formulating questions to be asked by those who will be in attendance at the ShareholdersUnite conference next week. These questions should be short, to the point and based on facts as they exist today and not hearsay. Only by barraging them with questions will we have any chance of success.

Why did the Federal Reserve, the one entity empowered to reign in the banks and rating agencies of their reckless lending practices, choose not to act during the height of the financial crisis???

Source: FCIC Report, http://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf I for one would really like to hear their response to this question.

A very good place to start formulating your questions for the upcoming conference would be beginning on page 441 of the FCIC Report:

DISSENTING STATEMENT
PETER J. WALLISON
ARTHUR F. BURNS
FELLOW IN FINANCIAL POLICY STUDIES
AMERICAN ENTERPRISE INSTITUTE
JANAUARY 2011

The analysis and conjecture provided here is second to none.

I've been saying all along the problem was the gov, Fed & it's member banks. Go back and read my stuff.

Now that we are discussing that, I enter into the discussion some other questions for thought.

Since the gov borrowed all that money on the back of the people why is it that the people didn't own those banks and for that matter still don't. Okay, now that the gov got paid back from all those banks, where did all that money go? It went into the national debt because they spent it all. Did they return it in the form of tax credits. Hell no, Is there a name for that? I say it's called the Big Gov Swindle. That show's how much we do need to regulate. The problem is we need to regulate government & get rid of the unconstitutional central private bank called the Federal Reserve and it's member banks. Maybe Clinton can come back and reinstate the Glass-Stegall act that led to our demise.