Fanny Mae & Freddie Mac Temporarily Nationalized:

September 06-2008

Fanny Mae & Freddie Mac's Dilemma!

Senator Barack Obama said on TV today that he is waiting to see what the Feds will be doing about this situation. They will be assisting these two entities with some liquidity, but as for the details of that package.

The senator feels it necessary to hold his proposals, until he consults with all the authorities involved, familiarize himself with the details of this proposed assistance, then make his recommendations, as per the solution.

Bearing in mind the impact this crisis have on working class people, home owners, and the national economy currently.

Incidentally, John McCain and his Pit Bull Sarah Palin, only give a vague and superficial explanation about this crisis. No realistic or practical solutions were offered by neither of them, to reconcile this crisis.

Derryck.
NYC.
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September 06-2008:

WORD-UP:

Why Are Most Americans Are Distrustful With The Local Media?

Firstly, CNN-MSNBC-FOX News and the rest are commercial entities. They overwhelm the viewers with commercial advertising. Sometimes even deafening to the ear.

Public television like Pbs.org is one of the limited channels that does not subject the viewer to commercial advertising.

Furthermore, when you are bombarded daily, weekly, yearly, and for most of your life with this kind of coercion, indoctrination, and presumptuous information. You either confirm to the expectations, become dependent upon this medium for your information, or become vulnerable and a believer of most or everything seen and heard therein.

And thus in the long run, are unable to think things through, like any rational person is expected to do with information.

Derryck.
NYC.