preferred stock

stock market

I finally go my head out of the sand and called my broker for the bad news. It wasn't to bad. But we got talking and he said when Fannie and Freddy got bailed out they did away with the common and...

President Obama to use your money to take over banks

President Obama made the statement that he wanted to switch the Governments Preferred Stock in Banks for Common Stock in the banks. So far the government has refused to allow the banks to buy back...

The Rule of Law is Finished in the US

With what has happened the past few days and some before then I am convinced that the Law Means nothing to President Obama and his Administration. They fully believe that they won the election and...

Fannie Mae taps Treasury again after $23 billion loss

Fannie Mae said yesterday they needs an additional 19 billions dollars, will big daddy govenment wave yet another magic wand and sprinkle it's love child with billions more of the Americans people...