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PlusFed, Treasury to Help Fannie Mae and Freddie MacFed, Treasury to Help Fannie Mae and Freddie MacThe Associated PressThe Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as losses from their mortgage holdings threatened their financial survival. (July 13)[Notes:ANCHOR VOICE] The Federal Reserve and Treasury are extending a couple of life lines to Fannie Mae and Freddie Mac.Shares of the mortgage companies have plunged recently and their losses have threatened their financial survival.Treasury Secretary Henry Paulson says he plans to ask Congress to increase Fannie and Freddie’s credit limits and, if necessary, make equity investments in the companies.((PAULSON SOT))Secretary Paulson says he’s also looking to consult the Fed about any new rules Congress proposes for the lenders.The Fed’s role would be to weigh in on setting capital requirements for the companies. In a separate plan…the Fed says it’s given the Federal Reserve Bank of New York the green light to lend to the 2 mortgage companies if they need it. The mortgage financiers would pay 2 point 25 percent for any borrowed funds. That’s the same interest rate given to commercial banks and Wall Street firms.Ben Bernanke and company say that move should help Fannie Mae and Freddie Mac quote- promote the availability of home mortgage credit during a period of stress in financial markets.The Treasury and Fed plans are also meant to let nervous investors around the world know the U-S government is willing to do everything it can to prevent further problems in the credit markets.

It took me about 11 hours to make this! I have never put so much work into a video as i have sone with this. The song is Made in Heaven by DUR Queen

You’re My Best Friend

FM guests at “Countdown”. Pretty interesting conversation, more serious than I’ve seen so far, although freddie’s dry humor does come out every now and then.

With Art Blakey and the All Star Jazz Messengers, 1984. (Benny Golson, Curtis Fuller, Walter Davis Jr, Buster Williams)
Hub works up to and holds a spectacular high note at the end - it’s a must-see.

http://www.DigiLYF.com
An example of a typical Filipino Karaoke song track included with the DigiLYF Modix MDVD-388 DVD MIDI Karaoke Machine. This track is in the style of the original recording artist is just one of up to 50,000 karaoke songs inbuilt into the DigiLYF Karaoke Player.
Check out http://www.DigiLYF.com for further details and to view other online karaoke demo song tracks.

Freddie Mercury’s Life Story…