Infinite Freedom Foundation Proposes Fannie Freddie Mergers
Infinite Freedom Foundation Proposes to Consolidate Fannie Mae and Freddie Mac and Wind Down Interest Bearing Housing Debt
By Alex S. Gabor
Are you better off today than you were two years ago? There is 18% more money floating around the planet in dollar terms alone than there was two years ago!
Do you have 18% more money in your bank accounts?
America is now ranked as the 9th best economy in the world and defaults on commercial mortgage backed securities are up to 10% of all outstanding loans.
Alex S. Gabor & Associates Investment Bankers is advising the Obama Administration to merge Fannie Mae and Freddie Mac as a subsidiary of the Infinite Freedom Foundations of America.
The Foundations would take on the role of providing a gradual winding down of interest bearing mortgage money in the housing market and giving all the wealth that has been taken from America by the International Banks who are deeply in financial trouble, back to the borrowers who own the houses.
Alex S. Gabor is networking with financial executives around the planet to implement a zero interest mortgage policy regime in America.
If America does not adopt this policy soon, stay tuned for the sequel to the recent downturn as Bank of America, Wells Fargo, Berkshire Hathaway, Citigroup and thousands of other banks around the planet are forced into consolidation due to unsustainable operations caused by insolvency by the United States Treasury Department.
Numbers don't lie, and here are the data on the impact that current policy has had on the lives of Americans:
Avg. retail price/gallon gas in U.S.$1.83$3.104
1Crude oil, European Brent (barrel)$43.48$99.02
2Crude oil, West TX Inter. (barrel)$38.74$91.38
2Gold: London (per troy oz.)$853.25$1,369.50
2Corn, No.2 yellow, Central IL$3.56$6.33
2Soybeans, No. 1 yellow, IL$9.66$13.75
2Sugar, cane, raw, world, lb. fob$13.37$35.39
2Unemployment rate, non-farm, overall7.6%9.4%
3Unemployment rate, blacks12.6%15.8%
3Number of unemployed11,616,00014,485,000
3Number of fed. employees, ex. military (curr = 12/10 prelim)2,779,0002,840,000
3Real median household income (2008 v 2009)$50,112$49,777
4Number of food stamp recipients (curr = 10/10)31,983,71643,200,878
5Number of unemployment benefit recipients (curr = 12/10)7,526,5989,193,838
6Number of long-term unemployed2,600,0006,400,000
3Poverty rate, individuals (2008 v 2009)13.2%14.3%
4People in poverty in U.S. (2008 v 2009)39,800,00043,600,000
4U.S. rank in Economic Freedom World Rankings59
10Present Situation Index (curr = 12/10)29.923.5
11Failed banks (curr = 2010 + 2011 to date)140164
12U.S. dollar versus Japanese yen exchange rate89.7682.03
2U.S. money supply, M1, in billions (curr = 12/10 prelim)1,575.11,865.7
13U.S. money supply, M2, in billions (curr = 12/10 prelim)8,310.98,852.3
13National debt, in trillions$10.627