SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (672759)2/18/2005 9:46:38 PM
From: DuckTapeSunroof  Respond to of 769667
 
"Actually what Alan Greenspan said was that the debt of the quasi governmental institutions Freddie Mac and Fannie Mae are not guaranteed by the federal government."

Yes, he said that *ALSO*... (but that's a different topic then the advisability of financing changes to the Social Security program 100% with massive new federal borrowing....)

"The market however assumes an implied guarantee."

Both statements ('not officially guaranteed by the federal government', and 'market assumes an implied guarantee') are *true*... and widely known.



To: Peter Dierks who wrote (672759)2/18/2005 10:02:48 PM
From: TideGlider  Read Replies (2) | Respond to of 769667
 
This is interesting. jitterbuzz.com



To: Peter Dierks who wrote (672759)2/19/2005 10:31:51 AM
From: Kenneth E. Phillipps  Respond to of 769667
 
Greenspan says "Borrow cautiously". What a stupid statement! Reckless George has increased the national debt by almost $2 Trillion during his first term and now wants to borrow much more. Then Greenspan says "Borrow Cautiously".


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News