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FHA Burns! Dodd, Frank, Donovan et al. Fiddle!
2009 Nov 16, 9:59am 1,229 views 1 comment
by bill follow (2)
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bill
2009 Nov 18, 3:24am
bill
2009 Nov 18, 3:24am
A Crystal Ball for Shaun Donovan:
"Nobody has a crystal ball,†says Shaun Donovan, secretary of housing
and urban development...
Here, Shaun, use mine:
http://www.mattelgamefinder.com/demos.asp?demo=mb
Wait, Shaun Donovan appears to be saying ...
BETTER NOT TELL YOU NOW
Yes, Donovan is using the Great Oracle we all
relied on as a kids.
I'm Darn Mad!
Here's the headline that got my dandruff up:
Housing Agency's Cash Reserves Down Sharply
http://www.nytimes.com/2009/11/13/business/economy/13fha.html?_r=1&ref=business
“There is a real risk. Nobody has a crystal ball,” Shaun Donovan, secretary of housing and urban development, said in an interview. “We recognize there is a possibility that the reserves go below zero and stay there.”
First Fannie (FNM) and Freddie (FRE) get folded into the governments arms because they failed BIG TIME and are costing TAXPAYER Billion (That's You and Me)...
Words like "Nobody has a crystal Ball" means Donovon is setting up to FAIL!
And what are Dodd, Frank, Donovan et al. doing about it!?
Nuttin' Honey
Bill :)
#housing