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If fannie and freddie are bailed out--more pressure on dollar
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Anonymous Coward
User ID: 466258
7/11/2008 9:24 AM
Report abusive post | If fannie and freddie are bailed out--more pressure on dollar
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Interview on bloomberg this guy said if they bail those two out then we could see pressure on the dollar and oil go to 150... he also said next week will be very interesting to watch. |
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Anonymous Coward
User ID: 438085
7/11/2008 9:48 AM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
We need change. |
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Anonymous Coward
User ID: 438085
7/11/2008 10:00 AM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
Should the government subsidize corporation to cover their screw-ups?
or the people that are harmed by these large corporations short comings? |
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Anonymous Coward
User ID: 444738
7/11/2008 12:09 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
If they aren't bailed out, the dollar will go down too.
The dollar is going down regardless, only a quick military victory to secure ME oil and the petrodollar will allow the dollar to stay afloat. |
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Anonymous Coward
User ID: 290624
7/11/2008 12:16 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
even that is only temporary, the dollar will continue to plummet, it will be entertaining to see how people continue in their apathy while things get more and more dire |
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The Alchemist
User ID: 466418
7/11/2008 12:24 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
even that is only temporary, the dollar will continue to plummet, it will be entertaining to see how people continue in their apathy while things get more and more dire Quoting: Anonymous Coward 290624
There are those who work with the new technologies, who know full well, the "apathy" is induced. |
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loosecannon 
User ID: 466361
7/11/2008 1:02 PM
 | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
If they aren't bailed out, the dollar will go down too.
The dollar is going down regardless, only a quick military victory to secure ME oil and the petrodollar will allow the dollar to stay afloat. Quoting: Anonymous Coward 444738
Ironically I think you nailed it. The only stable currencies anymore are those backed by oil, gold and military might. |
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Anonymous Coward
User ID: 380553
7/11/2008 1:39 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
If they aren't bailed out, the dollar will go down too.
The dollar is going down regardless, only a quick military victory to secure ME oil and the petrodollar will allow the dollar to stay afloat. Quoting: Anonymous Coward 444738
If they are bailed out, the economy will crater- the cost of bailing them out will be at least a trillion dollars. There goes the Federal Budget.
The era of "too big to fail" is almost over. Soon people will start saying "too big to save". |
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Anonymous Coward
User ID: 131036
7/11/2008 2:06 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
The era of "too big to fail" is almost over. Soon people will start saying "too big to save". Quoting: Anonymous Coward 380553
Prophetic..... |
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Anonymous Coward
User ID: 375101
7/11/2008 2:08 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
We need change. Quoting: Anonymous Coward 438085
Why don't you start with your underwear, STINKY! |
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PACNWguy
User ID: 366950
7/11/2008 2:08 PM
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Commentary: The "whippy" price action we've experienced in this morning's mortgage market was created by a New York Times website article late last night that said the government is considering taking over Fannie Mae and Freddie Mac and placing them in conservatorship if their financial problems worsen - this according to sources briefed on the plan. That's a nice bit of fear-mongering. In my opinion that website story should have also included a sidebar relating the birth rate of coyotes in New Mexico to a new study forecasting the imminent death of the American dream of homeownership. Both are patently not realistic.
The whole story here is that the government has for months been considering a number of strategies that might be deployed should it become necessary to rescue Fannie and Freddie at some point in the future. Placing these two entities into conservatorship is one option - among many possible solutions. No one other than an arsonist buys homeowners insurance because they are convinced their home will burn to the ground tomorrow morning. We all buy homeowner's insurance simply to be prepared in the event a highly unlikely disaster strikes. We all know it's far too late to try to buy homeowners insurance when the agent can look out his/her office window -- and see that our house is on fire. So it is with regulatory agencies, it is their business to have contingency plans in place - even though the chances they will actually implement those plans are microscopically small.
The reason the price of Treasury notes, bonds and Ginnie Mae securities are falling is that some market participants have convinced themselves that the government will have to sell billions and perhaps trillions of dollars in order to affect the bailout of Fannie and Freddie. More supply of Treasury obligations equals less demand -- and by extension lower prices. On the other hand, the price of Fannie Mae and Freddie Mac securities are rising because (at least at this juncture) buyers believe these securities will be more valuable with a brand-spanking-new government guarantee. In my opinion, once the dust settles from the round of sensationalistic journalism we are currently enduring - calmer, cooler heads will prevail and the disaster premium that has pushed the price of the Fannie Mae/Freddie Mac securities higher this morning -- will fade in the blink of an eye.
Treasury Secretary Paulson was quick to tell the media and by extension market participants everywhere this morning that federal regulators are backing Fannie Mae and Freddie Mac in "their current form." As I mentioned in this space yesterday the Office of Federal Housing Enterprise Oversight, the regulatory entity that supervises both Fannie Mae and Freddie Mac, has made it abundantly clear that both organizations are adequately capitalized."
I don't know about you -- but I will put more far faith in those who monitor the condition of the GSE's on a daily basis - rather than someone who needs to fill some column inches before a deadline expires -- in order to pick up a check at the end of the month.
Larry Baer
McCain's biggest problem ~ He is but a mere mortal.
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A taxpayer voting for Obama is like a chicken voting for Colonel Sanders."
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Every now and then, Obama opens his eyes and the world springs into existence. |
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Anonymous Coward
User ID: 466483
7/11/2008 2:36 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
Fannie and Freddie will be bailed out. That will use up the remainder of the Federal Reserve's capacity to mitigate the damage from the imploding financial entities,without direct monetization. Other banking and financial institutions will also fail,some which will receive bailouts,and others not, depending upon whether said entity is a purveyor of government bonds, or not,and the global financial systemic risk potential each entity's derivative position entails.
And the result of all this bailout and monetization?
HYPERINFLATIONARY DEPRESSION
All carefully planned by TPTB, to force the populace into
their NWO ,one-world-government ,centalized control
paradigm.
You should have supported Ron Paul.The other puppet-master-controlled candidates will expedite the NWO plan,following the economic collapse, that they engineered.
TPTB follow the Hegelian Dialectic,and the "sheeple"
follow along with the program... like robots.
So now , your future prosperity, your security, and freedoms will be stolen away from you. |
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Kanigo2
User ID: 442313
7/11/2008 2:52 PM
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If they aren't bailed out, the dollar will go down too.
The dollar is going down regardless, only a quick military victory to secure ME oil and the petrodollar will allow the dollar to stay afloat. Quoting: Anonymous Coward 444738
FINALLY, A true patriot, Depth, understanding, realistic, honest- truly an American. Understands GWBushes policies.
Don't let go of that thought man, follow it all the way down and you will discover REAL knowledge 444738 . Thank you.
Alt+F4 Allows GodLikeProductions User to Check Current score in Thread Dialog.
"GLP has some batty shit, but yours takes the fucking biscuit "-Disputed-
Hurray for Anarchy! This is the happiest moment of my life. |
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Omega
Total Unequivocal Bad Fuckin' News
User ID: 340280
7/11/2008 2:57 PM
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They are officially bailed-breaking-Fed to give GSE's access to the discount window.
Game over.
We lose.
Never underestimate the power of idiots in large groups.
___Omega
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America is at that awkward stage. It's too late to change the system from within, yet too early to shoot the bastards.
__Claire Wolfe
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"During times of universal deceit, telling the truth becomes a
revolutionary act." - George Orwell
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“War is an ugly thing, but not the ugliest of things. The decayed and degraded state of moral and patriotic feeling which thinks that nothing is worth war is much worse. The person who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself.” John Stuart Mill |
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Spiritual Scambuster
User ID: 348865
7/11/2008 3:35 PM
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bump!
“When one creates phantoms for oneself, one puts vampires into the world, and one must nourish these children of a voluntary nightmare with one's blood, one's life, one's intelligence, and one's reason, without ever satisfying them” |
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Half Human
User ID: 455303
7/11/2008 3:36 PM | | Re: If fannie and freddie are bailed out--more pressure on dollar | Quote |
FINALLY, A true patriot, Depth, understanding, realistic, honest- truly an American. Understands GWBushes policies.
Don't let go of that thought man, follow it all the way down and you will discover REAL knowledge 444738 . Thank you. Quoting: Kanigo2
You mean the policies that we have forced ourselves into for the past 50+ years. |
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LS
Master Thread Killer
User ID: 437351
7/11/2008 4:44 PM
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They are officially bailed-breaking-Fed to give GSE's access to the discount window.
Game over.
We lose. Quoting: Omega
not yet.
No Fannie, Freddie Bailout, but Fed May Step In
A source at the U.S. Federal Reserve told CNBC late Friday that the central bank had held no discussions with Fannie Mae or Freddie Mac, but that it was monitoring the situation closely.
The source added that the Fed was not ready to discuss possible options with regard to the two so-called Government-Sponsored Entities.
[link to www.cnbc.com] |
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