Comments on: A Confusing Comment on Fannie & Freddie From Gov. Sarah Palin

By: inc. buy stocks

inc. buy stocks — Tue, 29 Jan 2013 01:04:30 +0000

Wonderful blog! I found it while browsing on Yahoo News.
Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thank you

By: Pablo Delhomme

Pablo Delhomme — Fri, 10 Feb 2012 23:30:55 +0000

Hi, how’s it going? Just shared this post with a colleague, we had a good laugh.

By: mustafa

mustafa — Tue, 16 Mar 2010 06:06:35 +0000

Today’s Wall street Journal contains an article titled “Piercing Some Common Tax Myths” that may be helpful to confused taxpayers trying to decipher the labyrinthine tax code between now and April 15:
Just when you think you’ve finally figured out your taxes, count on Congress to tweak the rules.
Keeping up with rapidly changing tax laws, phase-ins, phase-outs, regulations, revenue rulings and court decisions can be daunting even for veteran tax pros. Consider: The 2008 edition of CCH’s comprehensive federal tax-law service contained more than 67,500 pages, up from 40,500 pages in 1995.
“A lot of the tax law is really quite hard—and it can also be very counterintuitive,” says Mel Schwarz, a partner and director of tax legislative affairs at Grant Thornton LLP in Washington.
Small wonder that many tax myths and misperceptions have sprung up, as indicated in a recent survey by Harris Interactive for CCH CompleteTax, an online tax-preparation and electronic filing service. Among the fallacies: State sales taxes can no longer be deducted, and home sellers can take a capital-loss write-off when they sell their home at a loss.
The article goes on to answer some common questions about refunds, capital gains and losses on home sales, and economic-stimulus payments.
-mustafa-

By: Real Estate Search

Real Estate Search — Thu, 12 Mar 2009 11:59:41 +0000

Hi all… I am new to baynet too.Of course, I quit reading and posting on the some blogs & forums. I won’t go into details becuase I am sure most of you know why…
it will take a little time to get use to this interface, but I think I can manage…

By: George

George — Sun, 09 Nov 2008 15:57:26 +0000

Once again people talk on this without knowing what they are talking about.yes freddie and fannie are to big .Yes they should be smaller so we don’t have to worry about finacial meltdowns that we the people have to bail out for the sake of giving unqualified people morgatges they can’t pay

By: Nancy

Nancy — Tue, 07 Oct 2008 19:41:05 +0000

HELLO?! Although I know my way around, I am no economic expert but I could see there was something wrong (the water was receding before the tsunami, I guess.). When I would bring this up to people they would tell me to enjoy the ride, how prices in Florida were just too low for too long. I thought maybe I was worrying for nothing but I guess that nagging doubt was right after all. Better to listen to your gut then a expert who’s first solution is to buy more of the toxic debt nobody wants.
People were buying way over their head. Instead of a starter home, the young couple wanted the big house with a pool. It was hard NOT to sell a house. They got questionable loans & didn’t seem to care about the penalties even after explained to them. But how can the same exact model house be going up $10,000 a month with no sign of hitting the brakes? It was a literal run away train. The builders were giddy buying up lots & completely filling in blocks of vacant land within weeks (I still have many vacant, never occupied homes around my home for 15 years with tall grass). Where were the jobs? All the out of town agents have since moved on to fertile ground. They come, conquer & leave their footprints with no consequences. What about the people who actually live here? With all the experts we hire, nobody can COUNT the number of building permits & figure in how much more or less roads, services, drainage, schools, etc. are going to be needed for this growth. These ivy league school grads are full of stale air instead of any new ideas.
Our next President should have a YEARLY review with objectives & consequences, like we all have. RESUMES do matter but only the accomplishes count. Everyone can ask, “What have you done for me lately?” It’s about time the People of this great country get to say, “YOUR FIRED!” Let’s push our agenda…not theirs.

By: Neil Prasad

Neil Prasad — Tue, 07 Oct 2008 02:47:24 +0000

After reading so much about this lady and watching a number of interviews with reputable channels such as CNN, I am flabbergasted. What are the Americans (at least Republican Party supporters) thinking? We don’t even nominate people like Sarah palin for municipal council elections, let alone federal ones. haven’t you learned electing one of this kind twice in a row.

By: Melvin Skaggs

Melvin Skaggs — Mon, 15 Sep 2008 18:31:36 +0000

Hey; does anyone remember the Republican( Taxpayers Bill of Rights) and do’nt say it was hijacked by the Dems because they had a Republican President and a Republican controled both the Senate and the Congress.

By: alaskaisgreat

alaskaisgreat — Sat, 13 Sep 2008 04:54:50 +0000

We love Sarah here in Alaska. She truly is a reformer and has gone against the corruption in the political establishment. While we will miss her, our loss is the nation’s gain. She is a smart and articulate person. I have no doubt the nation will elect her as the next vice president. While the liberal left may criticize her for leading the Alaska National Guard, last I checked Sen. Obama has never led a military unit. Oops, I meant he had never led any unit. Please, him saying his leadership experience is leading his campaign. Everyone knows the campaign manager leads the campaign. I’ve never heard Sen McCain or Sarah say their leadership experience is leading their campaign. Sen Obama’s lack of executive experience will never get him elected president. Lov’in it in Alaska.

By: Matt

Matt — Wed, 10 Sep 2008 23:53:22 +0000

Jake -
Palin is right that they are too expensive NOW and IN THE PAST.
Despite the fact that they are “private” we all know they are actually Government Chartered.
There has always been an implicit Federal Backing. Because of this, the risk that Fannie and Freddie represent raise the borrowing cost of the Federal Government.
$5 Trillion in shaky liabilities that you are implicitly on the hook for will mean something in Bond Markets.
With $8 Trillion in Financed Government Debt, a few basis points of risk premium because of exposure to Fannie and Freddie costs the taxpayers BILLIONS in additional borrowing costs.
Palin was correct either way. The neophytes who do not understand the Bond Markets would never get this fact…
Now you know.