tag:blogger.com,1999:blog-14007337.post112105142123970945..comments2023-10-25T06:36:25.124-07:00Comments on Mortgage Fraud: What are the oddsWhistleblowerhttp://www.blogger.com/profile/13144659621472624683noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-14007337.post-1121109550090821812005-07-11T12:19:00.000-07:002005-07-11T12:19:00.000-07:00Here is the problem with Fannie Mae. They collect ...Here is the problem with Fannie Mae. They collect money from unsuspecting investors who are unaware by lack of disclosure that the security backing their minimal risk investment is really high risk because it is based on a unilateral contract and that the servicer/seller stole the asset to bring it forward. What will happen, not much as a damage to the economy because the wealth won't be eliminated just transferred. The 3 Trillion will go back to the middle class and have the effect of boosting the economy like Bush's tax cut. The wealthy need to find a sucker soon to pawn off that trash, before they get caught. Enron hurt the little guy because they had no asset just a shallow promise. In this case the middle class has the asset and when the theft is acknowledged then Fannie Mae's investors have the shallow promise.Whistleblowerhttps://www.blogger.com/profile/13144659621472624683noreply@blogger.comtag:blogger.com,1999:blog-14007337.post-1121109103288137182005-07-11T12:11:00.000-07:002005-07-11T12:11:00.000-07:00This comment has been removed by a blog administrator.Whistleblowerhttps://www.blogger.com/profile/13144659621472624683noreply@blogger.comtag:blogger.com,1999:blog-14007337.post-1121073125331218262005-07-11T02:12:00.000-07:002005-07-11T02:12:00.000-07:00This comment has been removed by a blog administrator.drhfredhttps://www.blogger.com/profile/05915790163303401192noreply@blogger.comtag:blogger.com,1999:blog-14007337.post-1121073298964607602005-07-11T02:14:00.000-07:002005-07-11T02:14:00.000-07:00Here is that same old question again, can the litt...Here is that same old question again, can the little guy, under-dog, young person, or defamed, be capable of taking on the BIG government, corporation, business, or good old boys network.? (The Lawyers) Well if you study history, resent history, you’ll find that it happens many numbers of times. To many times to give an account here. However one interesting commonality with all those that have succeeded or been victorious is that it took someone willing to brake ranks with the norm or status quo. The zealous individuals that had the intestinal fortitude to take a stand always did at great peril. Those who stayed to fight always had something to loose, but counted the cost and fought on. Should this challenge us to likewise draw a line in the sand and just say no? It should, however we being clay oft times see and feel what the great loss will be, not taking into account that loosing our rights a little at a time seem as though there is no loss at all. A few years ago we were taken by surprise the two famous persons died in the same week, one was well know and admired and always in the news with regard to her life and activities. At her death her wealth was likewise of renown, estimated in the middle $30,000,000.00 USD. Her name was Princess Diana. The other was known for her great humility, humanity, and charity. Though not always in the news, much of what she had done made news. Her net worth at her death was estimated about $30.00 USD. That was Mother Teresa. The irony is that they both died in the same week and the ones life and death were celebrated all during that week of her many accomplishments, while there other was just buried and not much said about here. There is a great principle taught in their lives and deaths found in, Luke 18:22 Now when Jesus heard these things, he said unto him, Yet lackest thou one thing: sell all that thou hast, and distribute unto the poor, and thou shalt have treasure in heaven: and come, follow me. <BR/>Luke 12:33 Sell that ye have, and give alms; provide yourselves bags which wax not old, a treasure in the heavens that faileth not, where no thief approacheth, neither moth corrupteth.<BR/>Luke 12:34 For where your treasure is, there will your heart be also.drhfredhttps://www.blogger.com/profile/05915790163303401192noreply@blogger.com