On The Brink Again: “Huge Housing Bailout Coming” As Fannie/Freddie Seek $126 Billion From Taxpayers
Shaun Bradley
August 11th, 2016
SHTFPlan.com
This article was written by Shaun Bradley and originally published at The Anti-Media.org.
Editor’s Comment: This could be the trigger event everyone has been waiting for; it certainly was in 2008. Like the conditioned animal, punished with a shock repeatedly, it produces more fear, and adrenaline and stress response during the build-up from the time the bell is rung and the shock is delivered. The actual shock is actually a relief, even though the animal fears the pain. It will all happen again, once the bell rings.
Here, we know the crash is coming. The banks have orchestrated it, the Federal Reserve is setting the pace and preparing the bed in which we must all lie. A devastating blow to the economy is building up again. Which one will bring it all crashing down, and which will simply prove once again that we are held captive by a dangerous and failing economy that could soon wipe us all out? This could be 2008 all over again; on the other hand, it could be much worse. Either way, there is every sense that things are just getting started.
Brace Yourselves, America: The next Huge Housing Bailout Could Be Coming
by Shaun Bradley
The failures of government intervention in the economy have made headlines yet again. Recent stress tests by the Federal Housing Finance Agency found something sinister brewing under the surface at notorious mortgage giants Fannie Mae and Freddie Mac. The results show that these puppet companies could need up to a $126 billion bailout if the economy continues to deteriorate.
That’s right — the two companies that were taken over by the government and that sucked $187 billion from the treasury could be entitled to more taxpayer money. The toxic home loans bought during the last crisis coupled with a lack of liquidity have suddenly become serious risk factors. The so-called “recovery” that has been trumpeted for years by countless politicians and economists is falling apart in plain view. The media will do just about anything to assure the public that this is all isolated and overblown, but the canary in the coal mine has just dropped dead.
The Rest…HERE
