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Fannie and Freddie: Change We Can Believe In?

Fannie and Freddie: Change We Can Believe In?

I’m disgusted but unsurprised at the results of the Fannie and Freddie seizure. Markets are rallying and new hope is dawning over the houses of investment firms. Talk of liquidity is all over the place. Where there is liquidity there is risk, which means lenders will start lending again.

This really is good news for consumers, but I worry about the long term consequences of these kinds of seizures which seem to be the result of some bureaucrat deciding to simply suspend real-world economics for the sake of political expediency. I’m not terribly shocked by this; the entire idea of a government owned corporation is silly.



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Amanda Elend is a story editor/writer/blogger and likes the smell of money and her iPhone


Seasonality: Fall

Seasonality: Fall

This one was so much fun to write. Lindsay came up with the concept and I got to play with words. They shot it beautifully and found some great music to put under it.

Health Care Industry

Health Care Industry

We were actually getting married for the healthcare! Adam called us up and asked if we'd make it into a show. It was surreal, but it ended up being kind of perfect.

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Hurricane Ike: Galveston has been here before.

Derrick discussed Hurricane Ike: Galveston has been here before.

I think the Lyda Ann Thomas, MAYOR of GALVESTON, is an IDIOT. She should be FIRED. She did not encourage people to evacuate earlier. She actually wanted everyone to stay on Galveston initially. That is why us Galvestonians are in this mess. She should be FIRED and held accountable for those who end up dying. Here is her quote Wednesday/early Thursday: "We do not intend to evacuate Galveston Island," she said. "It's the last thing we want to do. Our job is to protect lives and property, [and] right now we feel that sheltering in place is the best action for our citizens to take."

Campbell Soup Co. (CPB)

julie Alexandria discussed Campbell Soup Co. (CPB)

Zed - "Bring out the Gimp". Store owner - "the Gimps sleeping" Zed - "Well, I guess you just have to wake him up now, wont ya?" And no, I believe the "Gimp" from the clip was less S&M, and more "Mexican Wrestler".

Southwest Airlines Co. (LUV)

largo2001 discussed Southwest Airlines Co. (LUV)

comment from YouTube: A hot girl that says "hedging"...cool!


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