Comments on: Warren Buffet Says The “Game Is Over” for Fannie and Freddie http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/ Learn, Network, Invest Mon, 23 Nov 2009 06:42:49 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Eric Nordstrom http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59572 Eric Nordstrom Tue, 26 Aug 2008 11:13:10 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59572 Hey! How about someone listen to Ron Paul for a freakin change? Click my name above to read more about the coming economic crash. The US is broke and no amount of Monopoly money can fix it. Hey! How about someone listen to Ron Paul for a freakin change? Click my name above to read more about the coming economic crash. The US is broke and no amount of Monopoly money can fix it.

]]> By: Steve | RothOptions@gmail.com http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59569 Steve | RothOptions@gmail.com Tue, 26 Aug 2008 04:46:55 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59569 With this New "Law" ... Does this Now Mean that Instead of our U.S. Currency Now Being "Backed" by the "Faith and Confidence of the U.S. Government" that it IS Now in FACT Backed by the "Faith and Confidence of People who Most Likely Can't or Won't Pay on their Mortgages"??? Pretty Scary Stuff ... But Presents Great Opportunities for those who Understand what's actually going on. With this New “Law” … Does this Now Mean that Instead of our U.S. Currency Now Being “Backed” by the “Faith and Confidence of the U.S. Government” that it IS Now in FACT Backed by the “Faith and Confidence of People who Most Likely Can’t or Won’t Pay on their Mortgages”??? Pretty Scary Stuff … But Presents Great Opportunities for those who Understand what’s actually going on.

]]> By: Pyro http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59566 Pyro Tue, 26 Aug 2008 00:46:19 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59566 This is freaking outrageous. You know what happens when you play Roulette and you don't pick the right, color, number, or combination? YOU LOSE! You don't bail out the biggest better at the table by confiscating the chips held by all the smaller fish at the table. By God, the only reason corporations were made people by law was to protect the people behind the corporations. If you or I, the common man, pulled this kind of drek we'd be hung by our testicles! If you're running these corporations, don't think we don't know who you are and where to find you. When the sand finally washes out from under this castle, all the money and the fancy houses won't shield you and your family from an angry mob. This is freaking outrageous. You know what happens when you play Roulette and you don’t pick the right, color, number, or combination?

YOU LOSE!

You don’t bail out the biggest better at the table by confiscating the chips held by all the smaller fish at the table.

By God, the only reason corporations were made people by law was to protect the people behind the corporations. If you or I, the common man, pulled this kind of drek we’d be hung by our testicles!

If you’re running these corporations, don’t think we don’t know who you are and where to find you. When the sand finally washes out from under this castle, all the money and the fancy houses won’t shield you and your family from an angry mob.

]]> By: MG in Hampstead http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59565 MG in Hampstead Mon, 25 Aug 2008 23:44:55 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59565 The Telegraph article shows how dangerous this whole situation is. The Telegraph article shows how dangerous this whole situation is.

]]> By: joe http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59557 joe Mon, 25 Aug 2008 20:47:19 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59557 John and Rob have it right, It's the control of the money system that leads to the control of the masses and everything else. The bankers control everything and own everything. They print up pieces paper that look fancy and have laws passed saying they are worth something and everyone has to use them as money. If anyone thinks that this country needs to tax it's citizens to function, ask yourself this: If the Federal Reserve can print up pieces of paper with any amount printed on them. Why do they need to tax us citizens? They can print any amount of paper they wish!! The reason they tax us is to take money out of the system so we don't have price inflation to the moon, and so the criminals that run this system can continue to get unlimited goods and services for FREE!! that's right they get everything for FREE!! John and Rob have it right, It’s the control of the money system that leads to the control of the masses and everything else. The bankers control everything and own everything. They print up pieces paper that look fancy and have laws passed saying they are worth something and everyone has to use them as money. If anyone thinks that this country needs to tax it’s citizens to function, ask yourself this: If the Federal Reserve can print up pieces of paper with any amount printed on them.
Why do they need to tax us citizens? They can print any amount of paper they wish!! The reason they tax us is to take money out of the system so we don’t have price inflation to the moon, and so the criminals that run this system can continue to get unlimited goods and services for FREE!! that’s right they get everything for FREE!!

]]> By: Greg http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59552 Greg Mon, 25 Aug 2008 18:27:43 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59552 China is the largest holder of Fannie Mae & Freddie Mac bonds and demands a U.S. taxpayer-funded bailout, yet refuses to repay their government's debt to Americans. http://my.telegraph.co.uk/asiawatch/blog/2008/07/24/china_demands_us_taxpayer_bailout_of_fannie_maefreddie_mac_bonds_refuses_to_repay_chinese_government_bonds_held_by_americans Where is the outrage? China is the largest holder of Fannie Mae & Freddie Mac bonds and demands a U.S. taxpayer-funded bailout, yet refuses to repay their government’s debt to Americans.

http://my.telegraph.co.uk/asiawatch/blog/2008/07/24/china_demands_us_taxpayer_bailout_of_fannie_maefreddie_mac_bonds_refuses_to_repay_chinese_government_bonds_held_by_americans

Where is the outrage?

]]> By: Bridget Magnus » Mixed Indicators http://www.biggerpockets.com/renewsblog/2008/08/23/warren-buffet-says-the-game-is-over-for-fannie-and-freddie/comment-page-1/#comment-59551 Bridget Magnus » Mixed Indicators Mon, 25 Aug 2008 17:47:52 +0000 http://www.biggerpockets.com/renewsblog/?p=1198#comment-59551 [...] The Vegas market isn’t doing too badly.  Your local real estate market may vary.  Since the availability of credit — the ability of ordinary people to get mortgages — is key to all our markets, let’s hope Mr. Buffet is exaggerating about the problems he sees at Fannie Mae and Freddie Mac. [...] [...] The Vegas market isn’t doing too badly.  Your local real estate market may vary.  Since the availability of credit — the ability of ordinary people to get mortgages — is key to all our markets, let’s hope Mr. Buffet is exaggerating about the problems he sees at Fannie Mae and Freddie Mac. [...]

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