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Daily Archives: September 3, 2011

2011: FANNIE MAE AND FREDDIE MAC FILES LAWSUIT AGAINST FINANCIAL INSTITUTIONS

Just when we thought the housing crisis disputes were over, a huge lawsuit is now brewing.  It was reported that the federal agency overseeing Fannie Mae and Freddie Mac has just filed lawsuits against 17 major financial institutions.   

The lawsuits were filed in an attempt to recover losses from risky mortgage investments revealed during the housing crisis.  The lawsuit names many of the largest Wall Street and financial firms including; Citigroup, Goldman Sachs, Bank of America and JP Morgan Chase.

This shake-up comes years after the start of the market slump, so this late filing may be a surprise to many.  It will be interesting to see the outcome and it’s good to see someone will hopefully pay for this mess.

 
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Posted by on September 3, 2011 in HEADLINE NEWS

 

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CHAZ BONO JOINS CAST OF DANCING WITH THE STARS; ANGRY VIEWERS PROTEST

CHER was certainly shocked to hear the little girl she gave birth to so many years ago, was converting to a son.  But fans of popular TV show “Dancing With The Stars” were extremely stunned when the new line-up was revealed.  Chaz Bono, once known as Chastity Bono was presented as a competitor dancing with a woman (Lacey Schwimmer), causing angry viewers to complain to the network.  It also stirred up controversy on all circuits, including Twitter and Facebook.

The cast is an important part of the success of Dancing With The Stars, so they certainly added this twist in hopes of receiving higher ratings.  But it is not clear if they expected so much negative press about their choice and it is still to be seen if this decision will backfire. 

While same-sex marriages have become popular and legal in some states, many conservatives prefer to keep people’s sexuality hidden behind closed doors. It’s a sensitive topic, but many groups have no problem voicing their opinions.  Angry debates have hit the airwaves and social networking sites which may be exactly what the producers wanted.   

Although Chaz has received a lot of support, the hatred and negativity may be more than he anticipated.  It may be a good stunt for publicity and ratings, but are people really ready for this on a dance show?  Well, you would believe so when watching many of the popular shows. Brothers & Sisters, Greys Anatomy, Single Ladies, Six Feet Under, and many others featured at least one homosexual couple.  However, for some reason this seems to cause much more anger than other shows.  Is it because this is a transgender situation?  Is it due to the high number of viewers? Or does the name Bono change their opinions?

Sonny Bono (R.I.P.), father of Chaz probably would also be amazed to hear that his darling little girl is now competing alongside a woman.  Cher tweeted her support for Chaz, but early on it was reported that she was even hesitant to accept the change.

What do you think?  Is this too soon for the public to accept?  Does this harm the youths perception of relationships between a man and woman?  Was this just a bad idea?  Or do you say “go for it!”

FULL DANCING WITH THE STARS 2011 CAST: https://brittaj17.wordpress.com/2011/08/30/video-2011-dancing-with-the-stars-new-line-up-weak-cast-is-disappointing/

WATCH THE VIDEO UPDATE HERE: http://www.youtube.com/watch?v=yEEs_bqTKhA

 
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Posted by on September 3, 2011 in HEADLINE NEWS

 

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