mortgage
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By AmericanElephant on September 27, 2008
In order to understand how to get out of this mess, we have to understand how we got here. The Democrats are still trying to funnel money into bogus partisan programs (ACORN) instead of trying to fix the problem and protect the American taxpayer. This is not George Bush’s fault. This is not John McCain fault. Both of them tried to fix this mess before it blew up. But the Democrats were too busy being paid off by Fannie and Freddie, supporting their liberal friends, and refusing to be accountable for their disastrous approach.
Posted in Blog | Tagged ACORN, bailout, barack obama, democrat party, economy, fannie mae, freddie mac, mortgage
By AmericanElephant on September 26, 2008
This is the BEST video I have seen about the crisis. The most accurate, the most detailed, and backed up by facts. Its a little shy of 10 minutes, but is worth watching in its entirety. Watch it, pass it on to your friends. Link to it. Embed it. Do whatever you want. The media won’t tell you the whole truth. But here it is.
Posted in Blog | Tagged bailout, barack obama, economy, fannie mae, john mccain, mortgage
By AmericanElephant on September 26, 2008
Last night, Barack Obama, Harry Reid and others complained that John McCain was playing politics with this crisis as negotiations broke down last night. That’s apparently not true according to four independent sources.
Posted in Blog | Tagged bailout, barack obama, economy, john mccain, mortgage
By AmericanElephant on September 25, 2008
Jim Johnson, adviser to Barack Obama, made millions from Fannie Mae while destroying the mortgage business. Yet the the Obama Campaign, aided by the New York Times, want to distract you from that issue with a pathetic hit job on Rick Davis and John McCain. Get the facts.
Posted in Blog | Tagged barack obama, economy, jim johnson, john mccain, mortgage, politics, rick davis
By AmericanElephant on September 25, 2008
Brit Hume’s program had a good summary of how we got into this mess and the voices who tried to avoid it. President Bush, John McCain, Secretary Snow, Greenspan all tried to get Fannie and Freddie under control and warmed that failing to do so could lead to a broad economic crisis. Sound familiar?
Posted in Blog | Tagged bailout, economy, fannie mae, john mccain, mortgage
By AmericanElephant on September 25, 2008
Big Lizzards has a great post on Mortgage Backed Securities, why we are in this mess, and even makes the case for the so-called bailout. It’s long and its good. Read it for yourself. If we are going to pass something, that is going to cost the taxpayers billions, then buying the securities and scrubbing them WITH NO OTHER EARMARKS might be the best of the bad solutions.
Posted in Blog | Tagged bailout, economy, fed, mortgage
By AmericanElephant on September 25, 2008
Even Bill Clinton admits that Republicans tried to fix this problem before it broke and the Democrats stood in the way.
Posted in Blog | Tagged bailout, bill clinton, economy, fannie mae, mortgage
By AmericanElephant on September 25, 2008
Dave Ramsey has a solution to fix the current credit freeze and economic crisis, and it won’t cost $700 Billion.
Posted in Blog | Tagged bailout, economy, mortgage
By AmericanElephant on September 25, 2008
Jim Johnson, failed CEO of Fannie Mae, whose very policies and “leadership” helped create the current mortgage crisis, and got his own sweetheart deal from CountryWide, is STILL advising Barack Obama.
Posted in Blog | Tagged bailout, barack obama, economy, fannie mae, john mccain, mortgage
By AmericanElephant on September 24, 2008
A government that gives you everything can take everything away. But the overbearing government isn’t the only problem with that statement. If the government gives you everything, then you are responsible for nothing, and that lack of responsibility permeates the rest of our lives.
Posted in Blog | Tagged bailout, economy, mortgage, politics
Fired by Uncle Sam
By AmericanElephant on September 4, 2009
Wait until the government tells you where you can and can’t work, not because you’ve done anything wrong, but because they think they know best.
Posted in Commentary | Tagged bigger government, credit, government interference, mortgage