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If banks made risky loans, then sell those loans to others like(FANNIE AND FREDDIE) for profit, then risk is not on the first bank who make the liar loan, AND the first bank make money. The first bank transfers the risk to the buyers. Fannie and freddie take morgages they bought from banks who...

ps this will not work in top of a bubble (2004-2006) :D And to buy now in Florida, California, Nevada and Arizona could be high risk.:(

Put a little more than 20% on home and take a morgage.(fixed rate) Now you eliminate private morgage insurance (savings) Trade with the money you have after 20% down payment ,but keep some for security. If you do well trading, start to make payments on principle of morgage(interest savings)...

http://www.amazon.com/Bialetti-Moka-Express-3-Cup/dp/B0000CF3Q6?ie=UTF8 Try Pilon brand expresso.

Then you would be at the top of the bottom planet, and compared to all on your planet, you would be the top..by choosing the bottom.

You are right, I am no expert on politics. But with fannie and freddie, these loans were not subprime. These loans were made with down payments, and a check on qualifications. Why fannie and freddie were exposed to the risk and became almost bankrupt? Because the other lenders (unregulated)...

Old Trader, the corruption is on both sides from what I know at this point. Yes, choosing Raines who showed his corruptness by making false accounting so he could have a bigger bonus, is a bad choice for Obama. What this thread title is saying is McCain wanted to reform fannie and freddie, but...

What makes no sense is Palin claim to justify killing bears and wolves, so the bears and wolves can not prey on moose and caribou. And Palin says this is so people have more caribou and moose to hunt to feed thier familys. But then it is shown that the hunting of moose and caribou in Alaska...

I am saying many people lured in. Smart people lost money. Who started the game of make bad loans, sell those loans for profit, and keep selling until defaults happen, and the game is over? Who knew?

Everyone say Obama and McCain do not have background in finance, trade and business, and how it works. So when lobbyist give a political person money, maybe they present their cause in a nice light, and the politican accepts because they really do not know all the details of the business who...

In 2003 it looks that the democrats were asking for "affordable" housing for lower income people through fannie and freddie. So, who is responsible for the (liars loans)? Do politicians know what the banks are doing? Is giving people with low income some big loans that they can not afford...

And this hate speech in the name of god. A Palin supporter. Scarey.

:D ! I am still laughing!

This is interesting Gringho. To exploit chaos, fear. It is the same questions of comecon vs marshall plan. I will definately buy this book for Naomi's insight.

My guess is Obama was sure in his mind the interview would question him being a muslim or not. And he is smart enough to know this brings fear to American people. So his thoughts came out in his words, but he is not muslim. He was nervous. But I still have many doubts about Obama and what...

It is a good experiment that Nutmeg showed, like Pabst said. So maybe some people have more confidence in listening to what their unconscious is telling them, but others become fearful.

No proof that it is possible, that is true. But IF it were possible, than it is something to imagine the effects on life. Thats all. I think its more like the "Pull the trigger" effect on traders, then black swan that daal is speaking about.

I see it different. I do not know if it is possible to be true. But IF it is possible, it is good to imagine what could be.

For example, if a person will not go on an airplane they reserved because of an intuition (see the future) so they stay home. And the plane crashes, all die. So they changed their future, they live. But what if the pilot had the same intuition of the future as the passenger? So the pilot has...