Freddie Mac has announced their 4th straight quarterly loss. The actual results are about 4 times worse than what analysts were expecting (that last bit I heard on the radio, not in the article). They're touted as vital to our economy, yet they seem like they're in death throes. What do you think the future holds?
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If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen! - Samuel Adams
I voted for : I think we're looking at total financial meltdown of our economy. My reasons defy simple explanation, but I am convinced that it has been deliberately planned with the goal of subduing Americans economically to where they will willingly accept further loss of self government.
Oooh, I could come up with all sorts of conspiracy theories about someone who works at a bank predicting severe financial stability. But in all reality, Coco probably has no special inside information, and is basing her thoughts on the same info available to us all.
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If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. May your chains sit lightly upon you, and may posterity forget that you were our countrymen! - Samuel Adams