Tuesday, December 18, 2012

The Crises At The Federal National Mortgage Company

Guess Where It All Started

Roosevelt And His Cronies Passed It

The Roots Of Fannie Mae Mortgage

Fannie Mae Sprung Out Of The Great Depression
Zionists passed the Federal Reserve Act, which controls credit, and in turn controls the economy. They squeezed credit in 1929, causing the Great Depression which enabled them to buy America's corporations, small businesses, and real estate for pennies

Roosevelt And His Fellow Communists
Fannie Mae was founded as a government agency in 1938 as part of Franklin Delano Roosevelt's New Deal to provide liquidity to the mortgage market. For the next 30 years, Fannie Mae held a virtual monopoly on the secondary mortgage market in the United States.


The FNMA Is A Printing Press
The Federal National Mortgage Association, commonly known as Fannie Mae, is a government sponsored enterprise (GSE) of the United States federal government. It is a shareholder-owned corporation authorized to make loans and loan guarantees. It is not backed or funded by the U.S. government, nor do the securities it issues benefit from any statutory government guarantee or protection.

It is the leading market-maker in the U.S. secondary mortgage market, which helps to replenish the supply money for mortgages and enables money to be available for housing purchases. The name "Fannie Mae" is a creative pronunciation of the company's initialism that has been adopted officially for ease of identification.

As of 2008, Fannie Mae and Freddie Mac own or guarantee about half of the $12 trillion dollars mortgage market of the United States. 1

Fresh Out Of The Krakow Ghettos
Roosevelt started the 'New Deal' aka the Jew Deal, and want he really did is set up a myriad of government regulatory agencies and put his Bolshevik buddies in charge. You wanted a radio license, then go see Commissioner Goldsmith. You wanted to start a bank, then see Commissioner Weiss, etc etc.
Roosevelt simply put toll booth on the local road and put his buddies in charge.

Betting On A Horse Race
By controlling the mortgage companies they controlled the massive real estate inflation. If you were in the wild west and knew where the railroad was going, you could make a lot of money.

This Is Just A Wealth Transfer
We have to be nuts letting crooks run these giant agencies. It doesn't matter whether it's the embezzlers at Enron, or the magical wizards at Fannie Mae. Someday people will bring out the rope.

StatCounter - Free Web Tracker and Counter  

No comments:

Post a Comment