Monday, October 27, 2008

Rumblings

Did Hank or Ben forget to return a phone call before they went to lunch?

6 Comments:

Anonymous kathy said...

It's because they didn't fully support the GNMA, bonds of Freddie and Fannie. The Chinese own 300 million or billion of them. It was in some Congressional testimony.

10/27/2008 6:53 PM  
Anonymous kathy said...

Hi,

It's me again
http://blogs.cfr.org/setser/2008/07/12/too-chinese-and-russian-to-fail/
This is a few months old, but says China holds 422 billion of Fannie Mae and Freddie Mac debt.
Enjoy your blog.

10/27/2008 10:05 PM  
Anonymous KAIMU said...

ALOHA !!

Sadly, China acts as if they are shocked that the US government has been spending beyond its means for the past four decades.

IT TAKES TWO CHINA! If you insist on trading your goods and services in exchange for an IOU then you deserve what you get!

As John Connolly pointed out way back in 1971 when NIXON took us off the gold standard and defaulted ... "It our dollar, but its your problem!"

COME ON CHINA ... GET A KLUE!!! There is a store for you ... KLUES-R-US!!

10/28/2008 1:51 AM  
Anonymous goldhorder said...

Can't really argue with them...Don't think China is that stupid Kaimu. Their political leaders have been outsmarting ours for the last decade. They are just trying to strike the fear of God into us...to put themselves in a better bargaining position. There will be new rules going forward...when all this crap finally settles out.

10/28/2008 11:34 PM  
Anonymous Viagra Online said...

I'm gonna divert my attention for a while because reading this title I had some memories when my girlfriend didn't want to return me a phone call it was so ¡hard for me because I loved her and after that we broke down.

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