Tag Archives: Freddie

Freddie Goes To The White House

Posted on by

I have thoroughly enjoyed reading the posts of the Europeans visiting America for the World Cup Soccer matches. Their impressions of America and their comments about what they saw on the news about America vs. what America actually is like were very interesting. One of the people who posted his journey on X was a German named Freddie. Unfortunately, Freddie de-activated his X account. He posted at Instagram to explain why:

“Hey everyone, just wanted to let you know why I deactivated my account,” he wrote. “1. This was the plan all along even before we started the World Cup trip. 2. Too many people seem to have a problem with us having a genuinely good time here in the country, and this is ruining the fun a bit for us because we really just wanted to document our road-trip and never expected that people would have a problem with it.”

But the story has a happy ending!

On Thursday, Townhall reported:

Even though Leftist trolls forced Freddy, the German World Cup tourist, to delete his X account, our favorite football fan is still enjoying his time in America. This is a great way to show him the best of America, despite the social media trouble.

Special Presidential Envoy Nick Adams shared the news and a statement on X.

Here’s what the statement says:

I arranged a visit to the White House for Freddy, the viral FIFA World Cup tourist from Germany, to cap off what has been an epic FIFA World Cup visit to the United States.

Despite the hateful and angry radical Left’s vicious attempts to doxx Freddy, launch personal attacks, and intimidate him into submission, ultimately forcing him to delete his social media accounts to protect his peace and safety, the West Wing visit will still take place.

Freddy’s only ‘crime’ was loving America and documenting his travels in a completely non-partisan way. This is what they do. They try to scare and silence anyone who doesn’t conform.

As the Special Presidential Envoy for Tourism, I am proud that Freddy enjoyed his trip here. I refused to let the radical Left turn something positive for our country into another victory for their politics of hate.

In the true spirit of 250, I lifted Freddy up and made sure their mob tactics would not win. The visit will go ahead as planned.

America remains open for business and open to visitors who simply want to experience the greatest country on Earth. We will never let the mob dictate who gets to enjoy it.

This is the spirit of America!

News Stories That Only Report Half Of The Truth

Posted on by

Yesterday the BBC posted a story about the role of Russia and China in the financial collapse in the United States in 2008. The article notes that the Russians and the Chinese considered creating a financial crisis in the United States, but did not act on the idea.

The article reports:

Now this is where we enter the territory of a geopolitical thriller. Mr Paulson:

“Here I’m not going to name the senior person, but I was meeting with someone… This person told me that the Chinese had received a message from the Russians which was, ‘Hey let’s join together and sell Fannie and Freddie securities on the market.’ The Chinese weren’t going to do that but again, it just, it just drove home to me how vulnerable I felt until we had put Fannie and Freddie into conservatorship [the rescue plan for them, that was eventually put in place].”

For me this is pretty jaw-dropping stuff – the Chinese told Hank Paulson that the Russians were suggesting a joint pact with China to drive down the price of the debt of Fannie and Freddie, and maximize the turmoil on Wall Street – presumably with a view to maximizing the cost of the rescue for Washington and further damaging its financial health.

Paulson says this guerrilla skirmish in markets by the Russians and Chinese didn’t happen.

Now wait a minute. Even if the Russians and Chinese decided to manipulate American markets, the housing bubble was a result of the policies of the American Congress–no one else is to blame.

I have posted the YouTube video “Burning Down the House” before, but in case you missed it, here it is again. This video explains the cause of the 2008 financial meltdown. The information included in the video is a matter of public record, but has not been widely reported.

Please watch the video and draw your own conclusions.

Enhanced by Zemanta

Why In The World Are We Still Funding These People ?

Posted on by

 

Woodbury-Story House

Image via Wikipedia

Fox News reported today that Freddie Mac lost $4.4 billion, or $1.86 per share, in the July-September quarter and is asking the federal government for $6 billion in additional aid. That’s billion with a ‘b.’

The article reports:

Taxpayers have spent about $169 billion to rescue Fannie and Freddie, the most expensive bailout of the 2008 financial crisis. The government estimates it could cost up to $51 billion more to support the companies through 2014.

Freddie and Washington-based Fannie own or guarantee about half of all U.S. mortgages, or nearly 31 million home loans worth more than $5 trillion. Along with other federal agencies, they backed nearly 90 percent of new mortgages over the past year.

Charles E. Haldeman Jr., Freddie’s chief executive, said many homeowners are refinancing at lower mortgage rates or are shortening the terms of their mortgage. While that saves homeowners money, it is pushing Freddie deeper into the red.

“In fact, borrowers we helped to refinance will save an average of $2,500 in interest payments during the next year,” he said.

Meanwhile, on July 9, 2011, rightwinggranny.com reported that Eric Holder’s Justice Department has asked several major banks to relax their lending standards in order to make home ownership available to more Americans. Here we go again.

Enhanced by Zemanta