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News From Barack Obama to Hawaii's frozen $$Billion

From Barack Obama to Hawaii's frozen $$Billion From Barack Obama to Hawaii's frozen $$Billion

Submitted by hepsy | 7 months ago

www.hawaiifreepress.com - excerpts from 2 articles outlining collapse of ARS Market which leaves The State of Hawaii with $1 Billion of frozen, currently unsalable, but interest bearing, Student Loan Auction Rate Securities. ARS markets failed in February 2008 as the subprime mortgage scam made banks insolvent, unable to lend. The last article indicates which Congressmen --with Obama near the top of the list--were purchased in order to make sub-prrime lending possible

Tags: obama, subprime, ars, hawaii, billion

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hepsy 7 months ago

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Reply to Good Ole Boy
Libs don't want to have that get out, It's good you posted it, libs ignor it or excuse it.

I never did stock up on Halo Polish, I'm allergic to it :)

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hepsy 7 months ago

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Years ago the foundation was layed out for exactly how to bring about the financial collapse of thes … Show full comment

The financial collapse includes our own doing.
Buying things on credit, and paying interest, made US financial slaves.
Those things we bought on credit, had we taken the time to do without until we saved for them, were mostly worthless stuff that satisfied nothing but the interest receivers. Those things we did without, and saved for, became more valuable when purchased.

You are right. The Market is not following its natural course, it is manipulated. It is not a Free Market. It is not the small investor who drives the Market, rather the institutions. And there is legislation to penalize the retail (regular person) trader. http://hepsy.wordpress.com/2009/02/22/sticking-stimulus-to-your-securities/
Earlier this month, FINRA issued restrictions on we, the little people, from hedging 401 Ks and IRAs.
Geither would have US (the little guy) pay 70-80% for short term trades. What many don't realize is that, because of the way IRS does things, the wholesale (institution) traders would be exempt so we, the LittleGuys, would foot the bill.
Politicians don't have a clue about money, the Market, Free Enterprise of what they're doing to US.
How to end the corruption? 2010, then 2012.

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Good Ole Boy (Independent) - 7 months ago

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Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008 1. Dodd, Christoph … Show full comment

Libs don't want to have that get out, It's good you posted it, libs ignor it or excuse it.

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Paleryder 7 months ago

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Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008 1. Dodd, Christoph … Show full comment

Years ago the foundation was layed out for exactly how to bring about the financial collapse of these entities.It was not theory or speculation,it was written out and planned.Flood every situation such as this with overwhelming numbers and force the entire thing to collapse.Those opposing the reform back then had a very specific agenda.This is not the markets following their natural courses,it is the ruination of such so as to bring about complete control by the government.The mortgage meltdown is the very core of the financial mess we are in.

A strategy designed to bring about the ruination of our national finance markets.The fact that politicians helped bring this about and are still in office is evidence of the corruption of the media and the gov.

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hepsy 7 months ago

Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

1. Dodd, Christopher J S D-CT $133,900
2. Kerry, John S D-MA $111,000
3. Obama, Barack S D-IL $105,849
4. Clinton, Hillary S D-NY $75,550

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