Fannie Mae To Pay Treasury $59 Billion After Record Profit

Fannie Mae to Pay Treasury $59.4 Billion After Record Profit | bloomberg.com/news/2013-05-0…

— Daily Bail (@TheDailyBail) May 10, 2013

READ THE STORY AT BLOOMBERG

After this latest payment, Fannie Mae will have paid back Treasury a total of $95 billion, compared with $117 billion of capital infusions the company has received. Freddie Mac, which yesterday reported a $4.6 billion profit, will have paid $36 billion, after drawing $72 billion of aid, and CEO Don Layton said it may release $30 billion of tax-credits as soon as next quarter.

Comments

[DailyBail]

THE HOUSING BUBBLE IS BACK

Obama pushes banks to make home loans to people with weaker credit

http://www.washingtonpost.com/business/economy/obama-administration-pushes-banks-to-make-home-loans-to-people-with-weaker-credit/2013/04/02/a8b4370c-9aef-11e2-a941-a19bce7af755_story.html

[DailyBail]

IRS admits targeting conservatives for tax scrutiny in 2012 election

http://www.washingtonpost.com/business/economy/irs-admits-targeting-conservatives-for-tax-scrutiny-in-2012-election/2013/05/10/3b6a0ada-b987-11e2-92f3-f291801936b8_story.html

The Internal Revenue Service on Friday acknowledged that it flagged political groups with “tea party” or “patriot” in their names for special scrutiny when they applied for tax-exempt status, an admission that is fueling long-held suspicions among conservatives that the agency has been singling them out for unfair treatment.

[Yourname Goeshere]

they buy the junk mortgages too even when passed through at
3% money down

taxpayer takes the loss

the dividend is Bernanke buying the mortgages.




Obama's in the business of selling monopolies
protection racket-like.

His adm's apology for IRS spying on conservatives is
bullshit for "credentials."

Obama's not the least bit liberal.

This is him:
http://open.salon.com/blog/stuartbramhall/2011/04/13/the_ford_foundation_and_the_cia