Replies to post #26706 on Freddie Mac-No Politics (FMCC)

[MonestHind]

Exactly. I agree that it's going to be a long time before anything happens. Anyone who thinks pps is going nowhere but up is obviously very wrong. We will see under $1 again this year. Thanks for sharing.

[trunkmonk]

the reality, and the denial by the fed, is that F&F worked for decades. and it was messed up in 07 and 08 by interference from them. if corken and cronies have their way there will be a failure again, it will cause a depression, this country will never be the same and will split, IMO.
I think there is a crossroad coming soon, once chosen it will either be a boom or bust. government has never ran anything profitably and when everything they do fails they dissolve it so there is no evidence of their failure, or throw money and resources they dont have at it and drain the taxpayer dry.
this country is no longer for its citizens, its for the few who can manipulate and control it to their advantage while the rest just survive. its messed up, and is near a Roman twilight, unless good people prevail and dont repeat what Rome did. I just dont see anything but greed and corruption that will send the markets to the stratosphere for a short time, then....