Replies to post #3408 on Freddie Mac-No Politics (FMCC)

[aharfo56]

Might as well knock down the pillars of your own temple!

[brute_force]

Lets not forget, that even if somebody never did business through FNM/FRE, if these two fail, what will the effect be to the prices of their houses?

What will the effect of the bail-out have on home prices? The federal reserve is diluting the US dollar by printing up the cash to bail-out FRE, AIG, etc. The debt will dilute & devalue the dollar by an estimated 50%. To buy a home that was selling for $200k will now cost a buyer $400k. The equity in your home will be devauled 50% and if you sell the house, you will get back 1/2 of what you have in it. And the taxpayers will be paying the govt approx $7000 each to pay back the debt. Everyone loses but the fat cat execs who walked away with millions.