Fannie Mae

One of the worst pieces of advice I 've ever been given is to look at the glass as half full. Which, I mean, I understand the idea, but shouldn 't we be a little more specific about the contents of the cup? What if the glass has arsenic in it? Regardless of whether it 's half full or half empty, if you take a sip you 're going to die -- and who is drinking from this class anyway? I guess the assumption is you drink from your own cup, but the scenario completely changes when someone else gets…

I gather that the S&L and mortgage lending companies were in operation simultaneously at one time, however the fact that the complete failure of the S&L sector didn’t make Fannie Mae and Freddie Mac a little more discerning in their lending efforts is totally outrageous. “The Hallucinated Economy” as Kunstler puts it, is definitely the right way to describe this phenomenon. To place value in what the author describes as, “.…

families, the economy and the nation. Most of this coalition has broken up over time, but many of the New Deal programs that bound them together, such as Social Security, FDIC, Securities and Exchange Commission, Federal National Mortgage Association (Fannie Mae), National Labor Relations Board, Soil Conservation Service, unemployment insurance and federal agricultural subsidies are still vital to the U.S. today. Roosevelt’s New Deal did indeed change the federal government’s relationship to…

the late 1950s and early 1960s. The Civil Rights Movement was comprised of many deeply inspirational, charismatic speakers and leaders, including the late Reverend Martin Luther King, Jr. and Reverend Ralph Abernathy. Song leaders such as Fannie Lou Hamer, Betty Mae Fikes, the SNCC Freedom Singers, Jimmy Collier and Willie Peacock led the singing in mass meetings and rallies to educate the masses of their civil rights and liberties. Whether sung at mass gatherings, on walks and sit-ins, or in…

An economic system is expressed by the goods and services produced, distributed or consumed by different mediaries in a region. How well an economy is running in a region can determine what status the region is in. There are many conditions which affect the state an economy is in. A centralized government often tries to control many aspects in the region that it controls. There are several entities in a region that a government should control. Without listing specific areas a government should…

He says that Western companies think they can avoid political risk by spelling out every detail in a contract, but "in Asia, there is no shortcut for managing the relationship."88 In other words, the contract is in the relationship, not on the paper, and the way to ensure the reliability of the agreement is to nurture the relationship. Even a deal that has been implemented for some time may start to get watered down at a time when you cannot do anything about it. A Japanese-led consortium…