Replies to post #17625 on Freddie Mac-No Politics (FMCC)

[KELLYCO]

You had called the product mortgage backed bonds.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60080270
The chinese own mortgage backed securities and treasury bonds.
You then shifted to make believe you were referencing bonds from the treasury.
When the admiral was posting about mortgage backed securities.
And mortgage backed securities is a form of equity stock.
And do you like the idea of the government backing something that all the book keeping is done by the crooked banks.
Because they are the ones that collect the money on the debt and distribute credits or report losses.
And by the way,most of those mortgage backed securities are in violation of IRS rules and did not qualify to be tax exempt because the trustees did not secure the mortgage deed properly.
And the evidence is sitting in registry of deeds around the entire country.