On AlterNet: freddie mac

Stories, blog posts, and videos tagged as "freddie mac"

The Absurd Zombie Lie About the Economy Right-Wingers Desperately Cling To -- And Why It's Totally Wrong

Joshua Holland, AlterNet. December 4, 2011.

Home loans didn't bring on the recession; gimmicky financial instruments bloated to 100 times their value are what caused all this pain.

Crash Tax: Wall Street Should Pay Reparations to the 99%

Leo Gerard, AlterNet. November 15, 2011.

It's time for the bankers who crashed the economy to pay back those of us who bailed them out--with a financial transactions tax.

Foreclosure Mills: America's Newest Housing Nightmare

Andy Kroll, Mother Jones. August 7, 2010.

Borrowers are getting screwed again as bailed-out banks send their foreclosure dirty work to con artists with a history of breaking the law.

Why Fannie and Freddie Continue to Cost Taxpayers Billions

delete, The Huffington Post Investigative Fund. March 24, 2010.

Together the two firms have already tapped $125 billion from government lifelines and the Congressional Budget Office predicts they ultimately will drain $380 billion.

Obama's Outrageous Christmas Gift to Fannie and Freddie

Dean Baker, Comment Is Free. December 28, 2009.

After throwing the economy into the worst downturn since the Great Depression, the financial industry has used its political power to become stronger than ever.

Code Pink Cofounder Clashes with Fannie Mae and Freddie Mac

ZP Heller, PINKtank. October 21, 2008.

Protesting the annual Mortgage Bankers Association convention in San Francisco.

Hank Paulson and His Wall Street Cronies Move to Plan B

deleted, The Nation. October 15, 2008.

Paulson and his wheeler-dealer pals have proven more interested in preserving their own wealth than in stabilizing the American economy.

John McCain: Economic Disaster

Robert Greenwald, Brave New Films. September 30, 2008.

McCain can't fix the economic crisis he helped cause.

McCain Campaign Manager's Firm Was Paid by Freddie Mac Through Last Month

Ryan Powers, ThinkProgress. September 24, 2008.

For longer than two years Freddie Mac paid a lobbying firm owned by Rick Davis $15,000 a month.

The $700 Billion Bailout: One More Weapon of Mass Deception

Richard W. Behan, AlterNet. September 22, 2008.

The American economy needs help, but there are other, far more equitable ways to accomplish it.

Bush's Disastrous 'Rescue' of the Finance Industry

Robert Kuttner, Boston Globe. September 18, 2008.

The Bush administration's strategy boiled down to allowing Wall Street to privatize the gains while government socialized the losses.

Big Banks Go Bust: America's Financial System in Crisis

The Nation and Campaign for America's FutureSeptember 16, 2008.

Authors Bill Greider and Dean Baker argue that the latest Wall Street woes expose the finance industry's deep need for reform.

Another One Bites the Dust: What's Behind the Crash of Lehman Bros

Otto Spengler, Asia Times. September 15, 2008.

The wake of the financial meltdown on Wall Street is going to badly damage confidence about retiring on an investment portfolio.

George Soros: A Danish Solution to America's Housing Mess

George Soros, AlterNet. September 13, 2008.

Washington's recent compromise on the fate of Fannie Mae and Freddie Mac constitutes the worst of all possible worlds.

After the Housing Bill: Time to Address Foreclosures

Dean Baker, TruthOut.org. July 29, 2008.

The housing bill will likely help less than five percent of the families facing foreclosure over the next two years.

Congress's Housing Bailout: Too Little Too Late?

Mark Winston Griffith, Drum Major Institute. July 28, 2008.

American Housing Rescue and Foreclosure and Prevention Act of 2008 recently passed the House after lumbering around the halls of Congress for months.

Are Fannie and Freddie Screwed? Bush Hopes So

Scott Thill, AlterNet. July 21, 2008.

Bush has set about destroying the decades-old lenders for good, plunging his knife into the backs of programs that helped normal Americans.

The Basics: Just what the Heck Are Fannie Mae and Freddie Mac?

Vince Farrell, Huffington Post. July 14, 2008.

A primer on the two lenders making news this week.