Moooove your lips Donald, just like we practiced
As another Lame Cherry exclusive in matter anti matter.
The last time Obama melted down the US economy it was a bill for 700 billion dollars in TARP, but into this has been a skulking figure of the propping of the inflated real estate market for the elite, which rose in the last years of Obama to record levels of debt for purchasers.
The new warning from Dodd Frank stress tests is that the red flag data points to Fannie Mae and Freddie Mac would need an additional 100 billion dollars in a new bailout under Trump. What the Lame Cherry is about to expose in this are realities which none of you are aware of and how the real numbers are much greater, and the dark horse in this is something of the projections from the government which points to this 100 billion.
Fannie-Freddie Might Need $100 Billion in New Crisis, FHFA ...
Aug 07, 2017 · Mortgage-finance giants Fannie Mae and Freddie Mac could need nearly $100 billion in bailout money in the event of a new economic crisis, according to ...
It is important to review the first swindle of Americans in this toxic debt created by financiers and you were stuck with the bill, included in all the numbers, because in all of this, we discover that it was not the original 125 billion in 2008, but Obama was pumping several months later almost half trillion dollars into the housing collapse and looting of America.
In the original shadowy deal, the Treasury removed that cap of 400 billion and more money was poured in.
On Sep. 7, 2008, the government took over Fannie Mae and Freddie Mac. Under the terms of the rescue, the Treasury has invested billions to cover the companies' losses.
The Fannie and Freddie bailout is separate from the broader $700 billion bailout -- known as the TARP -- and instead comes via the Housing and Economic Recovery Act of 2008, passed in July 2008. In February 2009, Treasury Secretary Tim Geithner said as much as $200 billion in taxpayer money might be put into each company. In December of 2009, the Treasury removed that cap, meaning an unlimited amount of money could be invested.
The history of this shows that a deal was worked out where Fannie and Freddie worked as a pay the government for the money which was dumped in. This money level though reserve capital will be eliminated in 2018 and has been halved under Donald Trump in 2016.
Fannie and Freddie has lost 100 million in value in the few short months of Donald Trump. The data in this though shows that Americans have received pennies for millions in the investment, as is the case in this entire scam.
The point in this is, that a disaster was set up in 2008, and the same disaster is there and amplified under Obama, and again it is generating with all of these other bubbles.
The short of this is, you are fronting for toxic debt, to prop up land and home inflated prices, which is being pressured higher in Donald Trump dumping more invaders into America, buying up these high priced houses, which they can not afford, you are on the hook for, and the rich are making out with like bandits.
Events
Jun. 30, 2017 Dividend Payment
The dividend was based on Fannie having a net worth of $3.4 billion as of March 31, 2017 minus the capital reserve amount of $600 million.
Part of Preferred Stock InvestmentsMore info from www.fanniemae.comMar. 31, 2017 Dividend Payment
The dividend was based on Fannie having a net worth of $6.1 billion as of December 31, 2016 minus the capital reserve amount of $600 million.
Part of Preferred Stock InvestmentsMore info from www.fanniemae.comDec. 31, 2016 Dividend Payment
The dividend was based on Fannie having a net worth of $4.1 billion as of September 30, 2016 minus the capital reserve amount of $1.2 billion.
Part of Preferred Stock InvestmentsMore info from www.fanniemae.com
As stated the operating capital of Fannie and Freddie will be zero at the end of this year.
The current terms of their bailout agreements require Fannie and Freddie to turn over nearly all profits to Treasury in the form of dividend payments. They are currently permitted to retain a capital buffer of $600 million apiece, and the level will fall to zero next year.
What is of troubling importance in this is with all the Trump promises, Wall Street ballooned stock prices, that the Federal Reserve is projecting the following for the American economy. Remember in this, we are being lied to and told how wonderful the situation is in America.
For example the 1 million drop in food stamps issued to Americans. That is a lie as the drop is not from Americans working, but from Trump invaders not deported, who stopped taking welfare payments as they were afraid ICE would deport them.......which ICE is not doing as the President is promoting Trumpnesty and increasing the numbers of invaders to America.
Review the Fed numbers though in how they are looking at the economy.
- 6.5 percent decline in American GDP
- 10 percent unemployment
- 25 percent drop in housing prices
In real numbers, the only exports America have been engaged in are grains and nothing else. Unemployment has not fallen in the least under Mr. Trump. There have not been 1 million jobs created as Gary Cohn lied about, but perhaps in the 600,000 range and ALL of those jobs are going to cheap Trump visa card foreigners which he is allowing to be dumped into America.
Thee only situation which has not manifested yet is the 25% drop in housing prices. That though is not the reality as houses are not moving except for foreigners, and agriculture land prices are falling, because the buyers are all maxed out on FmHA loans, and it is important to understand on those numbers that western America is in drought, and will need to be propped up by federal crop insurance, costing billions.
Craig Smith on Coast to Coast on Monday evening, stated that he was thinking of a 25 percent drop in stock prices. At 22,000 that would be a correction of a market at 17,000. The markets though are linked to numbers of retirees in 401 K payments, which again when these Fed driven propping up of stocks, lose value, so do all these retirees in the income they need for Obamacare, which Mr. President did not remove the mandate for, nor fix as promised.
It is all interconnected and in these markets, it has already been phased in, in BAIL INS. This is a reality where you will not be able to withdraw cash in large amounts, and to cool off the economy, in you will not be able to spend your money to stabilize the meltdown.
Of course those measures will not be for Ivanka as her accounts will be buying her 1000 dollars shoes.
The stress tests, whose parameters are designed by the Federal Reserve and FHFA, this year included a 6.5 percent decline in gross-domestic product, a rise in the unemployment rate to 10 percent and a 25 percent fall in home prices, among other factors. FHFA also required Fannie and Freddie to calculate the impact if their largest counterparties defaulted.
Fannie and Freddie don’t make mortgages, but buy them from lenders, wrap them into securities and make guarantees to investors in case the loans default. Together they back more than $4 trillion in securities.
If you missed the last line, that is 4 TRILLION IN TOXIC DEBT which you are responsible for. This entire house of cards is already in dire straights, as the stock market is being pumped by Fed money pumping in none of it is real. When the Fed stops, or the foreigners who own the Fed stop pumping money and the US conglomerates position themselves for a short, then all that cash they have will come pouring in, after your investments have all made you paupers.
Those warning numbers are close to what the real numbers are in the American economy, no matter what the Cohn propaganda is lying to you about for the Trump junta. As it required 1 trillion in the Obama implosion, this 100 billion is the same 125 billion in 2008, and with the reality of record credit card debt in Americans, as they can not afford food and are putting it on credit cards, the Trump bail out will be in the multiple trillions which it can not accomplish.
That means those foreigners with their trillions looted from Americans will be gaining the American contracts for pennies on the dollar again as in 2008, and it appears seizing large swaths of American property.
As you review the above, it indicates why the slight of hand of these distractions as in North Korea are being created, and why with all of this swindling of Americans, there will have to be a large covering event, followed by a global war to hide what has taken place to keep Americans too busy from revolution in fighting for their lives again.
Those are the realities and once again another Lame Cherry exclusive in matter anti matter.
Nuff said
agtG
