Oct 19 2008
American Debtor Psycho: $49 Trillion in Debt. The Real Reason why the Credit Crisis is Bigger than you Think.
This report may come as a surprise to you. It is often thrown around that we as a nation are heavily in debt. We hear the words billions and now even trillions being thrown around with really no breakdown of where the debt is flowing to. In this article, we are going to breakdown every [...]
Oct 11 2008
Freddie and Fannie to Buy $40 Billion a Month in Toxic Sub-prime and Alt-A Mortgages.
This is actually breaking news that has the potential to really destroy the U.S. taxpayer. There is a report out by Bloomberg and now being reported by CBS MarkeWatch that Federal regulators are going to order Fannie Mae and Freddie Mac to start buying $40 billion a month in troubled mortgages each month. Keep in [...]
