Saturday, May 7, 2011

Weekend Newsbites: Sat. & Sun., May 7 & 8, 2011


In honor of Little Craig's Holy Communion!

3 comments:

William R. Barker said...

http://ca.news.yahoo.com/fannie-mae-seeks-8-5-billion-taxpayers-215033804.html

Mortgage finance giant Fannie Mae on Friday said it would ask for an additional $8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009.

* AND THEY'LL NO DOUBT GET IT. THEY'LL TAKE MY HARD EARNED MONEY - AND YOURS - AND GIVE IT TO THESE SCUM.

Including the latest request, the firm has taken about $100 billion from the U.S. government since it was seized in 2008...

(*SCOWL*)

"As we move forward, we are building a strong new book of business that now accounts for 45 percent of the company's overall single-family guaranty book of business," said Michael Williams, the firm's president and chief executive officer.

* ONCE AGAIN, FOLKS...

Mortgage finance giant Fannie Mae on Friday said it would ask for an additional $8.5 billion from taxpayers as it continues to suffer losses on loans made prior to 2009. Including the latest request, the firm has taken about $100 billion from the U.S. government since it was seized in 2008...

* IF ASKING FOR "ONLY" ANOTHER $8.5 BILLION IN BAILOUT MONEY FROM TAXPAYERS IS "MOVING FORWARD" I SAY WE KILL 'EM IN THEIR TRACKS!

Sibling firm Freddie Mac said on Wednesday it lost just under a billion dollars in the first three months of the year, though the second-largest provider of mortgage funds did not request any new money from the government.

* YET... (THEY HAVEN'T REQUESTED ANY NEW MONEY FROM THE GOVERNMENT... YET.)

The two firms together have asked for about $164 billion...

(*LOCKED JAW*)

Then-U.S. Treasury Secretary Henry Paulson took control of Freddie Mac and Fannie Mae at the height of the financial crisis in September 2008 as losses mounted from mortgages gone bad.

* F--KING BUSH...! (SUPPORTED, BTW, BY CLINTON, OBAMA, MCCAIN, PELOSI, REID... et al.)

The plan to put them into conservatorship was meant to be temporary, although it is likely to be years before a long-term replacement structure takes shape.

* WHAT "PLAN?" THERE WAS NO FRIGG'N "PLAN!" (THAT'S WHY WE'RE STILL STUCK WITH THEM!)

The two firms and the Federal Housing Administration back close to nine of 10 new home loans...

* NAH... NO SOCIALISM HERE... RIGHT? (*SNORT*)

William R. Barker said...

http://www.ft.com/cms/s/0/51604a26-7801-11e0-b90e-00144feabdc0.html#axzz1LfafwdbJ

European Union diplomats agreed to impose sanctions on 13 top Syrian officials, but not on President Bashar al-Assad...

(*LAUGHING SO HARD MY STOMACH HURTS*)

The EU has (also) agreed to halt arm sales to Syria.

(*SARCASTIC CLAP-CLAP-CLAP*)

Although foreign media have been denied access to Syria and phone lines have been cut off in some affected areas, indications of the brutality of the regime’s attempts to suppress the seven-week-old protest movement have emerged. Activists say that more than 550 people have been killed and thousands arrested, and the southern city of Deraa, where protests began, has been under military siege since April 25, increasing pressure on the international community to take action.

* SYRIA AIN'T LIBYA, FOLKS... (*SMIRK*)

William R. Barker said...

http://minnesota.cbslocal.com/2011/05/06/charges-mom-pushed-child-in-stroller-down-stairs/

* ANOTHER FRIGG'N ANIMAL

A mother has been arrested after "allegedly" pushing her baby in a stroller down a flight of stairs at the Lake Street light rail train station Tuesday evening.

Police said the "incident" happened during an argument between the mother, 26-year-old Lisa Marie Martin, and her boyfriend.

When officers arrived, they found the boyfriend holding the 4-month-old baby as Martin yelled at him.

[The infant's] face was bloodied.

A crowd had gathered around them. According to the criminal complaint, witnesses...heard [Martin] yelling at [her boyfriend,] “You already got a 12 and 14 year old you don’t give a s*** about and now you don’t give a s*** about this one! I’m gonna push this one down the steps! I’m pregnant again!”

* F--KING ANIMALS...

Martin was then seen pushing the stroller down the steps. The stroller tipped over before it could reach Martin’s boyfriend, and the baby fell out onto the concrete stairs.

* LISTEN. HERE'S WHAT YOU DO. YOU IMMEDIATELY TAKE THE BABY AWAY FROM MARTIN. YOU THEN PUT KEEP MARTIN IN JAIL TILL SHE DELIVERS HER NEXT CHILD. THEN YOU KILL THIS WASTE OF OXYGEN "MOTHER" AND PUT BOTH CHILDREN UP FOR ADOPTION.

The criminal complaint says that Martin, instead of picking the baby up to check on its welfare, ran to her boyfriend and started punching him in the face. Someone at the light rail station went to the child’s assistance.

Martin told police she was currently two months pregnant. She admitted to drinking at least five beers before the fight.

* AGAIN... YOU NEED TO KILL THIS PIECE OF GARBAGE. THAT'S THE ONLY WAY TO PROTECT HER OWN CHILDREN AS WELL AS SOCIETY FROM HER. (*SHRUG*)

Martin has been charged with felony fourth-degree assault, gross misdemeanor endangerment and neglect of a child and misdemeanor domestic assault.

* MISDEMEANOR DOMESTIC ASSAULT...? WHAT IF THE ROLES HAD BEEN REVERSED AND IT HAD BEEN THE FATHER WHO HAD DONE ALL THIS? WOULD HE HAVE ONLY BEEN CHARGED WITH "MISDEMEANOR" DOMESTIC ASSAULT?

* FOLKS... OUR SOCIETY IS FALLING APART.