campaign.blog.bobbarr2008.com — Your share of the debt is about to climb another $1,300. And that’s on top of the more than $31,000 you already owe! Congress is dealing with the housing debt crisis by bailing out two private lenders known as Freddie Mac and Fannie Mae. The bill - and that’s exactly what it is - is a bill you are going to be expected to pay, is $400,000,000!
Jul 27, 2008 View in Crawl 4
liuiteJul 28, 2008
that's it, I am going to register independent!
caferrellJul 28, 2008
Thank you theJeebus. Your math is right.I am not sure how the rest of the thread missed the answer by numerous decimal points, but one thing is sure: there ain't going to be a million dollars for each homeowner.However, although there won't be a million per homeowner, there will be billions for big investors in Fannie Mae and Freddie Mac as well as truckloads of pork for 300 Congressional districts.
jsqurredJul 29, 2008
Yeah haha, the *filthy rich* people supported by Fannie Mae... if you even understood how the housing market works, you'd know that Fannie Mae was propped up in the middle of the 20th century for *poor* housing - hence its exposure to sub-prime mortgages.I'm glad your father is retired. You seriously think no-one you know will be affected by a market crash? Cyclical? Does that mean we should let a Great Depression happen? I suspect you're rich but there's more to the economy than just you motherf**kers.
shellfr99Jul 30, 2008
ARGH! The 2008 Executive Compensation Report was in the Washington Post yesterday. Out of the Top 100 execs in the DC area, 10 are from Freddie Mac and Fannie Mae! What gives!!!!!Freddie MacRichard F. Syron - Chairman and Chief Executive Officer - $14,497,981 Anthony S. Piszel - Executive Vice President and Chief Financial Officer - $5,067,547 Patricia L. Cook - Executive Vice President and Chief Business Officer - $4,951,356 Michael Perlman - Executive Vice President, Operations and Technology - $3,256,818Fannie MaeDaniel H. Mudd - President and Chief Executive Officer - $14,231,650 Robert J. Levin - Executive Vice President and Chief Business Officer - $9,203,400 Michael J. Williams - Executive Vice President and Chief Operating Officer -$7,549,064 Stephen M. Swad - Executive Vice President and Chief Financial Officer - $6,834,162 Robert T. Blakely - Executive Vice President and Chief Financial Officer - $5,404,075 Peter S. Niculescu - Executive Vice President - Capital Markets - $4,566,493
unlawflcombatntAug 12, 2008
Barr is wrong on taxation and his advocacy of "free" trade.But Barr is right on target about the Fannie-Freddie bailout and all the other Corporate welfare scams designed to bail out the financial industry and housing industry. And this is an important area, given the huge sums of money involved. The combined Federal government/Federal Reserve bailouts may well exceed $1 trillion this year alone. I'd vote for Barr over McCain or Obama.
trevorhereAug 16, 2008
I came across a handy online directory of the new housing law (H.R. 3221) where you can read or download whatever piece of it you like. Check out www.UsHousingMetldown.org/2008-housing-law.asp and click on the table of contents. On page 83 you'll find the Treasury's authority to invest in Fannie and Freddie. On page 675-681 are a couple of pork barrel projects. Page 681 authorizes to raise the national debt ceiling to 10 trillion dollars.
ongard4libertyOct 5, 2008
?I think it?s a tremendous idea to?rekindle (freedom)? ? Bob Barr, speaking about the Free State Project, July 2008<a class="user" href="http://freestateproject.org/">http://freestateproject.org/</a>
governmentsp00kOct 20, 2008
All of religion isn't taxed. That needs to change.