The Timeline Project

various ^ | 30-SEP-2008 | George Smiley

[Tenacious 1]

Arthur,

We’re gonna need a bigger boat.

[Arthur Wildfire! March]

Speaking of Barney Frank, if anyone is curious about the sleazy details about his boyfriend and prostitution going on in Frank’s own home ...

Be warned. This was so repulsive that the FR had to yank it:

http://www.geocities.com/forceofreedom/goddoor4.html

[Arthur Wildfire! March]

No, wikipedia is in their hip pocket. They’ll nitpick everything and demoralize any conservative who wastes energy there.

[Arthur Wildfire! March]

Backhoe’s link pages make this look tiny. But it’s a great start! — FRegards ....

[SBD1]

Effort to Rein In Fannie, Freddie Gains Steam
Treasury Puts Muscle Behind Bipartisan Push for Greater Oversight of Firms

By Jeffrey H. Birnbaum and David Cho Washington Post Staff Writers Wednesday, April 23, 2008; D01

Past fights over efforts to boost regulation have been bare-knuckled affairs. Fannie Mae and Freddie Mac assembled two of the most expensive and formidable lobbying operations in Washington and were able to stop almost any attempt at regulation. "They really had this place locked down, and everybody was afraid of them," Hagel recalled.

[SBD1]

Since I set up this quick website already, you are more than welcome to use it as a central depository for the documents and links to the various information.

Here is the link

If you are interested, I can set you up with a username and password. During the 2004 Presidential election, I did something similar for the with this website for Swift Boat Veterans. To this day, I host that site in their honor free of charge.

SBD

[Arthur Wildfire! March]

Update on effort to suppress “Burning Down the House” Video [What Caused our Financial Crisis]

http://www.freerepublic.com/focus/f-news/2094199/posts

“The first YouTube posting of this video received over one million hits in less than five

days.”

UNIVERSAL RETRACTS COPYRIGHT CLAIM ON “BURNING DOWN THE HOUSE”— ROCK ON ACTIVISTS!!!
http://www.freerepublic.com/focus/f-news/2094369/posts

[Arthur Wildfire! March]

DOW Closes Up 484 Points (Just Misses Record 1 Day Point Jump)
http://www.freerepublic.com/focus/f-news/2094245/posts
[Tuesday, September 30, 2008]

[Arthur Wildfire! March]

$700 Billion American Taxpayer Dollars to go to Foreigners!
http://www.freerepublic.com/focus/f-news/2094684/posts

[XR7]

BTTT

"If we fail to act, the gears of our economy will grind to a halt," McCain said.
McCain planned to return to Washington to vote on the bill...

Gag me.

[Freedom2specul8]

bookmarked

[SBD1]

Newsweek
January 6, 1975, UNITED STATES EDITION
FINANCE: Reviving the RFC?

It's a nightmare that shakes economists awake in a cold sweat: a big corporation goes bust because of a liquidity squeeze and this sets off a chain of events that turns a recession into a crushing depression. As the recession deepened last week, the illiquidity fear was very real.

Thus, a number of powerful and diverse voices - including William McChesney Martin Jr., former Federal Reserve chairman; Felix G. Rohatyn, the New York investment banker; Henry Ford II; Frazar B. Wilde, chairman emeritus of Connecticut General Life Insurance Co. (opposite page), and the Democratic Party leadership - were pushing a controversial remedy to avert an economic calamity. They were calling for the revival of the long-defunct Reconstruction Finance Corp., which bailed out thousands of banks, railroads and businesses during the Depression through massive loans and investments. Congress killed the RFC in 1954 amid charges that it had been swayed by favoritism and political influence when making loans.

Proponents of a new RFC say that the agency is needed because corporations are overburdened with debt at a time when sources of capital are drying up and the economy is slumping. They argue that there is simply no way for many financially troubled corporations to get needed capital unless it comes from a source - such as a new RFC - that does not now exist.

Many opponents of a latter-day RFC assail it as socialistic and a bail-out for big business. Other critics warn that such an agency, drawing its funds from the U.S. Treasury, would simply worsen the country's economic woes by fueling inflation. Still others question whether the agency is needed. They note that most of the RFC's old lending functions have been taken over by the Small Business Administration, Department of Agriculture, Federal National Mortgage Association and other government agencies.

According to investment banker Henry Kaufman of New York's Salomon Brothers, the main beneficiaries would be big corporations that have been poorly managed and have run up big losses. He questions whether such firms deserve to be helped. SBD

[ForGod'sSake]

Excellent idea bump! SUBPRIME LOAN PRIMER

[Arthur Wildfire! March]

How The Fed, Media And Academia Aided And Abetted Lending Debacle [Excellent Overview!]
http://www.freerepublic.com/focus/f-news/2095599/posts

91,000 Bailout Calls - 85,000 Against to Sen. Feinstein (CA)
http://www.freerepublic.com/focus/f-news/2095425/posts

[Heard Elizabeth Dole on the Bill Lamay [sic] Radio Show. She had an even higher % of negative calls]

[Arthur Wildfire! March]

(1993) Assault on the mortgage lenders: in the name of racial justice, the Clintonites...

http://www.freerepublic.com/focus/news/2095640/posts?page=1

[syriacus]

Bookmarked.

This is a terrific thread. Thanks for setting it up.

Someone at YouTube called this scandal

DemronPerhaps "Dem-ron" would be better.

[Arthur Wildfire! March]

For historic reference:

McCain and Obama both vote for Bailout:
http://www.freerepublic.com/focus/news/2095404/posts?page=201

[Arthur Wildfire! March]

Yep, you’re right. Perhaps even the Wikipedia administrators want the truth out on this [in part].

[George Smiley]

This is a terrific "in a nutshell" presentation http://navlog.org/SHOTINTHEFANNIEMAE.ppt

[ForGod'sSake]

EXCELLENT link.