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  BOA, Chase, Wells Fargo, and God knows who...inturn lend from the Freddie Macs *Maes

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Author Topic:   BOA, Chase, Wells Fargo, and God knows who...inturn lend from the Freddie Macs *Maes
Mannu
Knowflake

Posts: 45
From: always here and no where
Registered: Apr 2009

posted February 09, 2009 12:47 AM     Click Here to See the Profile for Mannu     Edit/Delete Message   Reply w/Quote
I was surprised to find all these lenders in turn lend from Freddie Mac and Freddie Mae. And now we know these two will be on the books of Government .

So welcome socialism, the government actually owns most of our homes. But since a government represents its own people, why should we really worry? Perhaps a big fat inflation is due soon. Perhaps even a financial catastrophe worse than any thing we ever saw.


I wonder which other lender is out there untouched by those two evil twins. Is it wise to still go with the biggies? I mean what should happen in the worst case? US goes broke. But can we? I thought we have lots of money. Imagien people can get to keep their homes wherever they live in. Just make sure you buy a BMW or Benz that you can use with low maintenance for 15 years atleast. Hahaha.... I am giving lots of ideas . Ofcourse crazy ones.

Anyone?

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