"First they came for the Communists,
and I didn’t speak up,
because I wasn’t a Communist.
Then they came for the Jews,
and I didn’t speak up,
because I wasn’t a Jew.
Then they came for the Catholics,
and I didn’t speak up,
because I was a Protestant.
Then they came for me,
and by that time there was no one
left to speak up for me."
~ Martin Niemoller
Your Share of Fannie, Freddie Losses: $1,300
Submitted by Melinda L. Secor on Sun, 2012-03-04 01:00
"Fannie and Freddie were once profitable, but the money they have lost dwarfs what they made in good years. During the three years leading up to the house price peak, Fannie reported annual profits of between $4.1 billion and $6.3 billion, and Freddie, $2.1 billion to $2.9 billion. During the five years since, Fannie lost a cumulative $163 billion, and Freddie, which hasn’t yet reported fourth quarter results for 2011, $91 billion."
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
Sorry to hear that. I haven't been in touch with anyone...8 hours 22 min ago
-
Evidently, either Ian Freeman (Barnard) and/or Pete Eyre won...19 hours 36 min ago
-
https://everything-voluntary.com/carl-watner-rest-in-peace-1...3 days 21 hours ago
-
The one and only time I ever spoke with him "in person...3 days 21 hours ago
-
A really good, succinct one.6 days 5 hours ago
-
This is awesome. :-)1 week 3 days ago
-
To my own self-admitted amazement, my hat goes off to Gingri...3 weeks 1 hour ago
-
Absolutely unbelievable mentality.5 weeks 2 days ago
-
:-(6 weeks 2 days ago
-
https://mises.org/power-market/youtube-attempts-silence-mise...7 weeks 1 day ago
more