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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (88811)	10/20/2008 6:33:38 AM
From: Dan3	Respond to of 116555

AP IMPACT: Mortgage firm arranged stealth campaign By PETE YOST, Associated Press Writer Pete Yost, Associated Press Writer – 2 hrs 20 mins ago – WASHINGTON – Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse. In the cross hairs of the campaign carried out by DCI of Washington were Republican senators and a regulatory overhaul bill sponsored by Sen. Chuck Hagel, R-Neb. DCI's chief executive is Doug Goodyear, whom John McCain's campaign later hired to manage the GOP convention in September. Freddie Mac's payments to DCI began shortly after the Senate Banking, Housing and Urban Affairs Committee sent Hagel's bill to the then GOP-run Senate on July 28, 2005. All GOP members of the committee supported it; all Democrats opposed it. The rest of the story is here: news.yahoo.com

To: Crimson Ghost who wrote (88811)	10/20/2008 8:38:57 AM
From: Perspective	Read Replies (1) \| Respond to of 116555

Grantham is fantastic. That's exactly how I feel, but I combine enough technical analysis with my funnymental analysis that I try not to be quite so early. I don't mind being a little late. I'll give guys like Grantham the first 1/3 of the move. `BC