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Title: Freddie Mac: "Potential Large Wave of Foreclosures"
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Published: Feb 24, 2010
Author: CalculatedRisk
Post Date: 2010-02-24 13:22:51 by Nebuchadnezzar
Keywords: None
Views: 19006
Comments: 61
Freddie Mac: "Potential Large Wave of Foreclosures" by CalculatedRisk on 2/24/2010 11:55:00 AM "We start 2010 with some early signs of stabilization in the housing market, with house prices and home sales likely nearing the bottom sometime in 2010. We expect that low mortgage rates, relatively high affordability and the homebuyer tax credit will help continue to fuel the recovery. Still, the housing recovery remains fragile, with significant downside risk posed by high unemployment and a potential large wave of foreclosures." Freddie Mac Chief Executive Officer Charles E. Haldeman, Jr. The quote is from the Freddie Mac Q4 earnings release: Freddie Mac Releases Fourth Quarter and Full-Year 2009 Financial Results Fourth quarter 2009 net loss was $6.5 billion. After the dividend payment of $1.3 billion to the U.S. Department of the Treasury (Treasury) on the senior preferred stock, net loss attributable to common stockholders was $7.8 billion ... for the fourth quarter of 2009. ... Full-year 2009 net loss was $21.6 billion. After dividend payments of $4.1 billion during the year to Treasury on the senior preferred stock, net loss attributable to common stockholders was $25.7 billion ... for the full-year 2009. Another $7.8 billion in losses ...
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#1. To: Nebuchadnezzar (#0)
And these clowns still want to pretend this is Bush's fault? (eyes rolling)
my anti groupie can't get through life without me.
No...we blame people like you who allowed the theft of one, possibly two, elections, that put that moron in office...
Day 3 of Packrat refusing to register here.
Dude, you guys lost fair and square in FL. Get over it.
Goldi-Lox: You're one dumb-fucking bitch.
I voted for Browne...I lost in every state... What was the result of the mandated "recount" in FL? Start with Volusia County...
Day 3 of Packrat refusing to register here.
When you are insane (he is) facts just don't matter. He thinks Ohio was 'stolen' in 04 btw....(laughing)
my anti groupie can't get through life without me.
I won't have an opinion on Ohio until Ken Blackwell starts the recount that he was mandated by law to do. Any idea when that's going to happen, Boofer?
Day 3 of Packrat refusing to register here.
Blackwell Locks Out Recount Volunteers Subject: Blackwell Locks Down Ohio Voting Records Ohio Election Investigation Thwarted by Surprise Blackwell Order Dayton, Ohio Friday December 10, 2004 On Friday December 10 two certified volunteers for the Ohio Recount team assigned to Greene County were in process recording voting information from minority precincts in Greene County, and were stopped mid-count by a surprise order from Secretary of State Blackwell’s office. The Director Board of Elections stated that “all voter records for the state of Ohio were “locked- down,” and now they are not considered public records.” The volunteers were working with voter printouts received directly from Carole Garman, Director, Greene County Board of Elections. Joan Quinn and Eve Roberson, retired attorney and election official respectively, were hand- copying voter discrepancies from precinct voting books on behalf of the presidential candidates Mr. Cobb (Green) and Mr. Badnarik Libertarian) who had requested the recount. One of the goals of the recount was to determine how many minority voters were unable to vote or denied voting at the polls. Upon requesting copies of precinct records from predominantly minority precincts, Ms. Garman contacted Secretary of State Blackwell’s office and spoke to Pat Wolfe, Election Administrator. Ms. Wolfe told Ms. Garman to assert that all voter records for the State of Ohio were “locked down” and that they are “not considered public records.” Quinn and Roberson asked specifically for the legal authority authorizing Mr. Blackwell to “lock down” public records. Garman stated that it was the Secretary of State’s decision. Ohio statute requires the Directors of Boards of Election to comply with public requests for inspection and copying of public election records. As the volunteer team continued recording information from the precinct records in question, Garman entered the room and stated she was withdrawing permission to inspect or copy any voting records at the Board of Elections. Garman then physically removed the precinct book from Ms. Roberson’s hands. They later requested the records again from Garman’s office, which was again denied. Ohio Revised Code Title XXXV Elections, Sec. 3503.26 that requires all election records to be made available for public inspection and copying. ORC Sec. 3599.161 makes it a crime for any employee of the Board of Elections to knowingly prevent or prohibit any person from inspecting the public records filed in the office of the Board of Elections. Finally, ORC Sec. 3599.42 clearly states: “A violation of any provision of Title XXXV (35) of the Revised Code constitutes a prima facie case of election fraud within the purview of such Title.”
Day 3 of Packrat refusing to register here.
December 2, 2004 Contact: Blair Bobier, Media Director at 541.929.5755 Green Party presidential candidate says Republican Secretary of State is stalling. Green Party presidential candidate David Cobb today filed counterclaims in the United States District Court for the Southern District of Ohio against Republican Secretary of State Kenneth Blackwell, asserting that Blackwell is stalling the Ohio recount and abusing his authority. The counterclaims have been alleged in pending litigation in federal court which originated in Delaware County, Ohio, when that county's board of elections asked a local state court judge to stop the recount in Delaware County. The state court judge issued a temporary restraining order attempting to prevent Cobb, Libertarian Michael Badnarik and their attorney's from seeking a recount of the presidential ballots cast in that county. On Tuesday, Cobb asked a federal court to take jurisdiction in the case. The Kerry-Edwards campaign also moved to intervene in the case in defense of Cobb and Badnarik's position. The suit filed today by Cobb, Badnarik and the National Voting Rights Institute alleges that Blackwell is abusing his discretionary authority and is, in effect, stalling. The suit asks that the recount begin immediately and be completed by the federally declared "safe harbor" date of December 7 and by December 13, when the presidential electors are scheduled to meet. The suit also demands that Blackwell not declare the results of the election as official and final and that the presidential electors not be certified until the recount has been completed. The legal documents and related information are available on the campaign website, http://www.votecobb.org. Information about the Green Party can be found at http://www.gp.org. search: elct, elws
Day 3 of Packrat refusing to register here.
Legal filing highlights Blackwell's hypocrisy in Ohio recount case by Blair Bobier March 7, 2005 A spokesman for the Green Party's 2004 presidential campaign, which initiated the Ohio recount, today blasted the suggestion by Ohio's Republican Secretary of State J. Kenneth Blackwell that he would need to take depositions from John Kerry and John Edwards as part of the Ohio recount litigation. "Mr. Blackwell's contention that he needs to depose Senators Kerry and Edwards is a laughable and blatantly political move. Mr. Blackwell has refused to be deposed himself about the Ohio election, has refused to appear before Congress and has refused to answer questions from members of the House Judiciary Committee who have been investigating allegations of election fraud. To suggest that Kerry and Edwards should be deposed to address a legal technicality while Mr. Blackwell continues to avoid any public scrutiny of his own misconduct in the Ohio election is the height of hypocrisy," said Blair Bobier, Media Director for the 2004 Cobb-LaMarche campaign. The report by the House Judiciary Committee's Democratic staff on the Ohio election and recount states that "there were massive and unprecedented voter irregularities and anomalies in Ohio. In many cases these irregularities were caused by intentional misconduct and illegal behavior, much of it involving Secretary of State J. Kenneth Blackwell, the co-chair of the Bush-Cheney campaign in Ohio." Blackwell's intention to depose Kerry and Edwards was made known by Ohio Attorney General Jim Petro in the latest round of legal filings concerning the Ohio recount. In February, Federal Judge Edmund Sargus in Columbus asked the parties in the Ohio recount case to submit filings to his court addressing whether the litigation should be transferred and consolidated with a Toledo case brought last November seeking to expedite the start of the recount. Blackwell's filing was in response to that request. Attorneys for Green Party presidential candidate David Cobb and Libertarian Party presidential candidate Michael Badnarik, who jointly requested the Ohio recount, have already filed their response to the Judge's question. Kerry and Edwards, through their Ohio attorney, filed a one sentence statement with the Judge supporting the Cobb and Badnarik position. Kerry's lawyer also filed a short, two page summary charting inconsistencies observed by Democratic Party witnesses to the recount. The matter is pending in the Eastern Division of the United States District Court for the Southern District of Ohio, before Judge Sargus. Conferences, lectures and teach-ins about the Ohio election and electoral reform have been taking place all over the country, most recently in Santa Monica, California on Sunday. Additional information about the recount and the entire 102 page report by the House Judiciary Committee's Democratic staff can be found at http://www.votecobb.org. The website for the national Green Party is http://www.gp.org.
Day 3 of Packrat refusing to register here.
So, Boofer The One Eyed Wonder Bot, when is Blackwell going to have the recount?
Day 3 of Packrat refusing to register here.
Well it's impressive that you thought Obama could fix all the problems in his first 24 hours in office that Bush left him, most of the rest of us thought it could take a while longer.
Being a Republican means you get to choose your own reality.
Its not impressive you make shit up, attribute it to me, and then pretend its real. Waste of time and bandwidth. Being a democrat is to deny reality.
my anti groupie can't get through life without me.
What was the result of the mandated "recount" in FL? Start with Volusia County... Which of the many re-counts are you referring to?
Goldi-Lox: You're one dumb-fucking bitch.
Try to come up with something original instead of copying my tag line. OK?
Being a Republican means you get to choose your own reality.
Ha! I like it!
Goldi-Lox: You're one dumb-fucking bitch.
Thought you might appreciate me fixing that for you. You can thank me later.
There wasn't even one completed recount. Does that narrow it down?
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
http://www.outsidethebeltway.com/archives/ohio_recount_ends_shows_vote_closer/ Ohio Recount Ends, Kerry 285 Closer Election officials finished the presidential recount in Ohio on Tuesday, with the final tally shaving about 300 votes off President Bush’s six-figure margin of victory in the state that gave him a second term. The recount shows Bush winning Ohio by 118,457 votes over John Kerry, according to unofficial results provided to The Associated Press by the 88 counties. Lucas County, home to Toledo, was the last to finish counting. The state had earlier declared Bush the winner by 118,775 votes and plans to adjust its totals to reflect the recount later this week. The Kerry campaign supported the recount, but said it did not expect the tally to change the election winner. Supporters of the recount, requested by two minor party candidates, said they wanted to make sure every valid vote was counted.
As was shown in the lawsuit and my posts, recounts were halted by Ken Blackwell in selected precincts and counties. Ohio 2004, like FL 2000, never had a complete recount done as mandated by law and in Ohio 2004, like FL 2000, the recount process was steered by the head of Boy Blunder's campaigns.
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Its a valid observation...the difference is I dont whine about yours... (laughing) Then again, I'm not a liberal.
my anti groupie can't get through life without me.
Like I said, he's insane.
my anti groupie can't get through life without me.
Like I said...what Puddin' posted is bullshit... So, Boof...when is he going to allow the recount to proceed?
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
You are nuts if you think the recount had any chance of erasing Bush's nearly 120,000 vote margin of victory.
You're nuts if you believe that 118K margin was every verified to be valid and that all of those votes providing that margin were Boy Blunder's... FL was just a naked power grab...Ohio was a little bit more creative...they just took from Column A and added to Column B or they simply just didn't add on to Column A and then, as those facts began to be discovered, Blackwell shut it down. Never in the history of exit polling has there been a 6 pt swing. Ever.
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Of course he's nuts...several hundred thousand posts on the internet prove it rather conclusively (laughing) Meanwhile, back on topic, this latest implosion of Freddie and Fannie rests squarely on the heads of Owe-Bama and the Democrat controlled Congress.
my anti groupie can't get through life without me.
A review of the available data reveals that in Ohio alone, at least 357,000 voters, the overwhelming majority of them Democratic, were prevented from casting ballots or did not have their votes counted in 200412 — more than enough to shift the results of an election decided by 118,601 votes13. (See Ohio's Missing Votes) In what may be the single most astounding fact from the election, one in every four Ohio citizens who registered to vote in 2004 showed up at the polls only to discover that they were not listed on the rolls, thanks to GOP efforts to stem the unprecedented flood of Democrats eager to cast ballots14. And that doesn't even take into account the troubling evidence of outright fraud, which indicates that upwards of 80,000 votes for Kerry were counted instead for Bush. That alone is a swing of more than 160,000 votes — enough to have put John Kerry in the White House15.
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Freddie and Fannie did not implode.
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Don't worry Boof...I have a loooong way to go to catch you... QUICK: Deride people who post on the internet during the day and ask me if I know where Long Island is... [snicker]
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
LOL (cue spooky music) hEs kWaZZy
Laugh all that you want to and it's about all that you'll be able to do. You won't be able to show that Ohio a) ever recounted all of its votes as they were required ot do under law and b) that the results that it did report were in any way supported by the actual vote.
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
If you want to believe Bush stole Ohio, you should also beleive Kerry stole PA, so it all comes out a wash: Philadelphia Vote: From CNN: Kerry 517,054 80% Bush 124,710 20% Total Philly votes cast: 643,463 So Kerry got 4.14 votes for every 1 Bush vote in Philly (an absolutely astounding number - even heavily democratic Broward Country, Fl only went for Kerry 2:1 and heavily democratic Cook County, IL went for Kerry 2.5:1) ------------------------------------------ Philadelphia Voting Population: From the US Census Bureau: Population, 2003 estimate 1,479,339 Population, percent change, April 1, 2000 to July 1, 2003 -2.5% Population, 2000 1,517,550 Population, percent change, 1990 to 2000 -4.3% Persons under 5 years old, percent, 2000 6.5% Persons under 18 years old, percent, 2000 25.3% Persons 65 years old and over, percent, 2000 14.1% Female persons, percent, 2000 53.5% Total age eligible aged persons in Philly : Overall Philly population (1,479,339) - those under 18 (25.3% of 1,479,339) = 1,105,066* Does not exclude those not eligible to vote by other factors (immigrants, felons, etc.) ------------------------------------------ Philadelphia Registered Voters: Total number of people registered to vote in Philly 2001 - 1,011,149 Total number of people registered to vote in Philly 2004 - 1,035,395 ------------------------------------------ Some conclusions: 1. Even as Philadelphia looses population, the number of registered voters continues to increase 2. Nearly every person of voting age is registered to vote (as compared to a national average of 50% by the Census Bureau ) 3 The total lopsidedness of the vote is an astounding number to believe 4. Either Philadelphia has the most engaged and civic population in the WORLD, or there is massive fraud. 5. The amount of fraud easily exceeds the margin of loss of President Bush. If Bush had won Pennsylvania, it would have been a landslide.
You just stepped in shit again, Puddin'...there was some cahootin' going on in PA that benfitted Boy Blunder too...but Ohio was the most obvious...
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
BTW, voter rolls never get purged of people who move out of the area or die...your issue is a red herring...
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Kerry 517,054 80% Bush 124,710 20% What were Gore's and Clinton's totals?
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Nonbody other than whacked out leftist loons beleives Bush stole Ohio. there's no proof of it, no real evidence. So we know where you fit in. And while nobody can prove Kerry stole PA either, the voting oddities are certainly more prevalent there.
Blackwell stopping recounts is proof of what, Puddin? A fair election?
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
That he was tired of wasting taxpayer money on pointless endeavors.
He was in no position to make such a judgement nor did he have any power to stop the recounts. He acted illegally. Why would the chief vote counter act illegally? FROH
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
You realize this nonsense about 'stolen elections' is to distract from the reality of this threads topic, don't ya?
my anti groupie can't get through life without me.
It's more interesting than the topic of this thread...
Day 4 of Packrat refusing to register here. Day 2 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount?
Election officials finished the presidential recount in Ohio on Tuesday The recount was completed Ohio Secretary of State Kenneth Blackwell has estimated that the recount will end up costing taxpayers $1.5 million. Enough is enough. http://www.usatoday.com/news/washington/2004-12-28-ohio-recount_x.htm
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#2. To: Badeye (#1)
(Edited)
And these clowns still want to pretend this is Bush's fault?
#3. To: war (#2)
No...we blame people like you who allowed the theft of one, possibly two, elections, that put that moron in office...
#4. To: Nebuchadnezzar (#3)
(Edited)
Dude, you guys lost fair and square in FL.
#5. To: Nebuchadnezzar (#3)
#6. To: Badeye (#5)
(Edited)
#7. To: Badeye (#5)
#8. To: Badeye (#5)
#9. To: Badeye (#5)
#10. To: Badeye (#5)
#11. To: Badeye (#1)
And these clowns still want to pretend this is Bush's fault?
#12. To: go65 (#11)
#13. To: war (#4)
voted for Browne...I lost in every state...
#14. To: Badeye (#12)
Being a democrat is to deny reality.
#15. To: Badeye (#12)
Being a democrat is to deny reality.
#16. To: war (#7)
One of the goals of the recount was to determine how many
minority voters gangsta niggas were unable to vote or denied voting to fraudulently repeatedly and illegally vote at the polls. 
#17. To: Nebuchadnezzar (#13)
Which of the many re-counts are you referring to?
#18. To: war (#17)
There wasn't even one completed recount.
#19. To: dont eat that (#18)
(Edited)
#20. To: go65 (#14)
#21. To: dont eat that (#18)
#22. To: Badeye (#21)
#23. To: war (#22)
#24. To: dont eat that (#23)
(Edited)
#25. To: dont eat that (#23)
#26. To: dont eat that (#23)
#27. To: Badeye (#25)
#28. To: Badeye (#25)
(Edited)
Of course he's nuts...several hundred thousand posts on the internet prove it rather conclusively (laughing)
#29. To: war (#26)
A review of the available data reveals that in Ohio alone, at least 357,000 voters
#30. To: dont eat that (#29)
#31. To: war (#30)
#32. To: dont eat that (#31)
#33. To: dont eat that (#31)
(Edited)
#34. To: dont eat that (#31)
From CNN:
#35. To: war (#33)
#36. To: dont eat that (#35)
there's no proof of it, no real evidence
#37. To: war (#36)
Blackwell stopping recounts is proof of what,
#38. To: dont eat that (#37)
(Edited)
That he was tired of wasting taxpayer money on pointless endeavors.
#39. To: dont eat that (#37)
#40. To: Badeye (#39)
You realize this nonsense about 'stolen elections' is to distract from the reality of this threads topic, don't ya?
#41. To: war (#38)
.
.
.
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