Replies to post #52414 on Freddie Mac-No Politics (FMCC)

[955]

Guy's like Burry and I suspect Ackman already know this and is why they're heavily invested. They see the forest through the trees.

[955]

The line must be drawn here.... this far, no farther!

[955]

The axis of evil deliberately coordinated the entire hoax, everything from homes for all policies, loans to anyone with a pulse, subprime, alt-A, no-doc crap.

Add falsified credit ratings by the big 3 credit ratings agencies, Moody's, S&P, Fitch, to the list. The great heist couldn't have been pulled off without it. Rating JUNK BONDS AAA. 'Ratings are just our opinions, not to be relied upon', they testified in court. And the traitor, leftist judges went along with it. What a crock! This is what happens when you ignore reality. But NOOOOO, we must condemn anybody who professes Jesus Christ as LORD, God and the one true light of the world whom God raised from the dead, the Savior of all mankind.

[jog49]

"I've been saying all along it was a deliberate takedown of the GSE's."

Most all of us long-timers have thought that to be the case. Not only was it a takedown with terms unheard of in this country, it has been a hold down ever since to this very day. The performance of the GSEs has been such that both GSEs should have been fully released more than a decade ago. GSE was once Government Sponsored Enterprise and has evolved to now mean Government Suppressed Enterprise. Will it ever end? I don't know. Capuano was the only one in government who saw the criminal intent and the mountain of laws broken. He's been gone for quite a while now!