Unholy Alliance: The Federal Reserve and the Treasury

By Cassandra AndersonJune 14, 2012 The Federal Reserve and the Treasury are running a scam that funnels freshly-printed money from the Fed into the Treasury, using Freddie Mac and Fannie Mae as the pipeline.  Freddie Mac and Fannie Mae were taken over by the government and put into conservatorship in the 2008 bailout.  Freddie Mac […]

Bernanke urges action to heal housing markets

Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore U.S. housing markets, saying depressed house prices and sales are a serious drag on the economic recovery. “The state of housing has been an impediment to a faster recovery,” he told a home builders’ conference. “We need to continue to develop […]

Banking, Housing and Mortgages

The Intel Hub James Hall February 9, 2012 The primary players that caused the housing bubble are: 1) The banking institutions that bundled and sold very risky mortgages 2) The Wall Street firms that bought these instruments and hedged for a default hazard by booking speculative derivative insurance that could never pay off on massive […]

“Hidden” mortgage fee paying for payroll tax cut

By Sharyl Attkisson, CBS This Morning Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months. At the time, both President Barack Obama and House Speaker John Boehner lauded the move to avoid a tax increase for millions of working […]

“Hidden” mortgage fee paying for payroll tax cut

By Sharyl Attkisson, CBS This Morning Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months. At the time, both President Barack Obama and House Speaker John Boehner lauded the move to avoid a tax increase for millions of working […]

“Hidden” mortgage fee paying for payroll tax cut

By Sharyl Attkisson, CBS This Morning Just before Christmas, American workers got a rare gift from Washington politicians – the current payroll tax cut would be extended for two more months. At the time, both President Barack Obama and House Speaker John Boehner lauded the move to avoid a tax increase for millions of working […]

Gingrich Credits Freddie/Fannie For Liquid, Stable Housing Finance System

Weeks after a global news agency revealed Newt Gingrich made upwards of $ 1.5 million as a Freddie Mac consultant, interesting information continues to surface exposing the former House Speaker’s tight relationship with the scandal-plagued, government-sponsored mortgage giant that triggered the nation’s financial crisis. Gingrich, a Republican presidential candidate, made between $ 1.6 million and […]