This bit was great "Our political leadership is proposing
This bit was great "Our political leadership is proposing that we abolish Fannie and Freddie for the sins of the banks and the mortgage lenders, and then hand over the keys to these same architects of the mortgage disaster that brought us to the brink of financial collapse. We are still healing and these are serious people proposing that we again legislate our way to mortgage prosperity, using no more common sense than that which got us into this mess. What could go wrong?"
If you don't consider another classic 'pump and dump' on real estate to be a problem then nothing could go wrong... Hold the price up, sell, short the market. It would be profitable and in a market as large as real estate who has the capital to stave off that scenario when it is the most profitable course. Of course the most natural course of the market is the most profitable.
But hey I guess a real estate correction isn't the end of the world. I would have preferred if Fannie and Freddie just stayed in operation indefinitely and got sized down and liquidated assets as part of its' future plan of operations. Then the only considerable effect would ultimately be real estate becoming privatized very gradually, and the taxpayers seeing significant long-term returns on their investment into Fannie and Freddie. I don't like seeing the government auction off our assets like that for the profit of the same types that got us into this mess in the first place. Hope it doesn't happen. But then again Obama and the rest could know more than me and are doing this for more than their pure profit motive. But I doubt it.
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Expanding Horizons in Hillsboro In the world of postal and office services, Annex Brands, Inc. is making headlines by launching yet another Postal Connections spot, this time planting its flag in the tech-centric town of Hillsboro, Oregon. Spearheaded by Jason Rautenkranz, this expansion is more than just another dot on a map—it's a strategic push into one of the...
Continue Reading
Perk Aims for U.S. Growth: Will It Pay Off? Amidst the cacophony of market chatter, Perk's announcement to bring its spend platform stateside is echoing louder than usual. This move is not just another step in its expansion but rather a leap considering the competition and market needs. In Europe, where they've already captured a chunk of the market with their Travel and...
Continue Reading
Breaking New Ground in Golf and Luxury Cabot and the Bragg family are cooking up something extraordinary in Cumberland County, Nova Scotia. The new luxury lifestyle and golf destination, Cabot Wilds, promises to be more than just a retreat—it's a bold statement on how to marry nature, luxury, and community. Set to open in late 2027, this expansive 2,500-acre resort will...
Continue Reading
Holy smokes, here comes some good news in the nonprofit corners! Feeding Families Foundation just got a hefty $121,500 boost from the Association of Contracting Plumbers of the City of New York Inc. This ain't just some pocket change; it's a full-fledged lifeline that helps them keep on delivering meals to parents who are practically living at their kid’s hospital...
Continue Reading
A Fusion of Fashion and Functionality Walk down the streets of New York or hustle your way through an airport without worrying about your footwear weighing you down. That's the promise coming from the fresh alliance between TWP and Commbi with their new Pony Clog Collaboration. A blend of high fashion and everyday utility, these clogs aren't just keeping up with the...
Continue Reading
Citrine's Strategic Exit from River Glen Every now and then, you see a company pull off something that makes you nod and say, "That was smart." Citrine Investment Group's sale of River Glen of St. Charles fits that bill. For those keeping tabs, this wasn't some quick flip—Citrine worked on the rock for a good while before cashing in. They secured River Glen back in...
Continue Reading
Tapping into the Pulse: Avive & Cambridge Fire in Action No fooling around here—Avive Solutions is linking arms with the Cambridge Fire Department to put the city on a faster track to becoming a lifesaver haven. They're rolling out a free CPR and AED training right in the Smith Campus Center, Harvard Square. It's the kind of thing you love to see—getting the community...
Continue Reading
Innovation in Breast Cancer Surgery: A Real-World Game Changer? You’ve got your flashlight guiding a scared child through the dark, and in the healthcare world, Lumicell is promising to do just that for surgeons navigating the tricky maze of breast cancer surgery. Their LumiSystem is making waves in breast-conserving surgery—new kid on the block with a real chance at...
Continue Reading
Over in the vast sprawl of rolling plains and prairie winds, folks in the Upper Midwest are grappling with an ironic reality. As technological advancements blaze trails, people suffering from vertebrogenic pain are finding themselves up against a wall of limited access to specialized care. We’ve got Dr. James T. Brunz, the man of the hour, one of only about 15 Intracept...
Continue Reading
Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...
Continue Reading
Top 5 Most Recently Viewed Articles
Market Trends Impacting Major Stocks This morning, the U.S. stock futures displayed mixed signals, with the Dow futures taking a step back, dropping around 50 points. Baidu's Market Performance Baidu, Inc. (NASDAQ: BIDU) experienced a significant decline during the pre-market hours, with shares falling by 2.6% to $101.08. This downturn follows disappointing response to...
Continue Reading
Class Action Lawsuit for XPLR Infrastructure Investors Attention to all investors who purchased units of XPLR Infrastructure, LP, formerly known as NextEra Energy Partners, LP (NYSE: XIFR). Recently, a significant class action lawsuit has been initiated by Wolf Haldenstein Adler Freeman & Herz LLP. This legal action concerns individuals and entities who have experienced...
Continue Reading
Atos Partners with Invictus Games for a Transformative Experience Atos, recognized as a leader in digital transformation, has been appointed as the Official Technology Partner for the Invictus Games Vancouver Whistler 2025. This exciting partnership signifies a commitment to providing advanced Timing, Results, and Scoring Solutions to enhance the games slated for...
Continue Reading
Significant Water Rate Adjustment Initiative by California Water Service In a recent step to enhance the quality of water service, California Water Service Group's subsidiary Washington Water Service has approached the Washington Utilities and Transportation Commission to request an increase in water rates. This decision comes in light of the company’s investment of...
Continue Reading
Provident Industrial Sells Building III at Gateway Logistics Park Provident Industrial, a division of Dallas-based Provident, has finalized the sale of Building III at Gateway Logistics Park. The buyer is EQT Exeter, a global real estate firm with a wide-ranging portfolio that spans logistics, industrial, and residential assets across multiple continents. The transaction...
Continue Reading