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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
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Default Obama and his Pals - For poor, clueless bob

On 30/11/2011 4:08 PM, bpuharic wrote:
On Wed, 30 Nov 2011 08:08:17 -0500, Ombudsman
wrote:

"Hank Paulson Warned Hedge Funds, Goldman Sachs Pals About Takeover of
Fannie Mae and Freddie Mac

Paulson explained that under this scenario, the common stock of the two
government-sponsored enterprises, or GSEs, would be effectively wiped
out. So too would the various classes of preferred stock, he said.

The fund manager says he was shocked that Paulson would furnish such
specific information — to his mind, leaving little doubt that the
Treasury Department would carry out the plan. The managers attending the
meeting were thus given a choice opportunity to trade on that information.""

Poor bob. The fool and his money are soon parted.



ahem.

all of this took place in 2008

obama took office in 2009

christ the right wing is so ****ing dumb they dont even know who was
pres in 2008!


Has 0bama charged anyone? Nope.

Why did 0bama make Fannie Mae and Freddie Mac debt a national secret?
Hardly transparency.

Bush only did TARP of $700 billion at the direction of democrat
congress. Bush didn't initiate it, democrats did. But 0bama does more
of it. $5 trillion more of it so far.

Fact is DC has ruined the US economy. Ready for inflation? I hear
Bernanke is printing more no-value inflation moneys (electronic
counterfeiting).

Hey, stocks, oil, gold, silver, copper, food futures didn't go up, the
value of the USD and other conspiring fiat fraud US-Euro Regime
currencies fell in value. Devalues your income.

--
All successful people have one thing in common, if even for a moment
they think rationally.