Posts Tagged ‘ mortgage-backed securities ’

Fannie Mae and Freddy Mac for Safe Income

Apr 6th, 2009 | By Jim Nelson | Category: Currencies, Featured, Gold, Personal Investing
For the first time since the Enron debacle, Americans finally joined hands to hate something worthwhile. Instead of worrying about the Ten Commandments on a courthouse’s steps or a Super Bowl halftime show’s costume malfunction, we had a legitimate outcry from America’s poorest 95%. AIG was greedy and people got ...read more

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What Now?

Oct 24th, 2008 | By James Howard Kunstler | Category: Economics, Housing, Macro Economics, Politics
It’s fascinating to read the commentators in mainstream journals like The Financial Times and The Wall Street Journal all strenuously pretending that “the worst is over” (maybe...we hope...fingers crossed…hail Mary full of grace...et cetera). The cluelessness would be funny if it didn’t involve a world-changing catastrophe. All nations that have ...read more

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Posted in Economics, Housing, Macro Economics, Politics | No Comments »