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Franklin City Profile

Official State Website URL- http://www.nc.gov



Franklin, North Carolina Quick Info

StateNorth Carolina
CityFranklin
Total population3,490
Male1,548
Female1,942
Median age (years)42.3
Total households1,627
Median household income (dollars)21,534
 
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Open Question: educo online precalculus course Southwester Community College Franklin, NC?

Online precalculus math course

Resolved Question: How do you get from La Grange, NC to Franklin, VA?

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Resolved Question: Franklin, North Carolina?

I would like to take a family vacation sometime between November and February to Franklin, NC. I am trying to find out if it snows there normally during these months. Also I would like to know what inexpensive, fun activities are available there that are appropriate for children.

Resolved Question: So, how did the US find itself in this financial crisis?

The History of a Financial Disaster 1997 Fannie Mae is a GSE (Govt Sponsored Entity) regulated by Congress. Fannie Mae buys mortgages from other companies. It is backed by the taxpayers for all losses, but keeps all profits. President Clinton loosens Home Loan Requirements. 1998 Banks begin making thousands of bad loans,0 down, no documentation, for 120%! (1998 � 2008). Executives at Fannie receive huge bonuses if loan targets are met. Franklin Raines and Jamie Garelick from the Clinton Administration are appointed to run Fannie Mae. 2003 President Bush proposes a new oversight committee to clean up Fannie Mae, but ... View All

The History of a Financial Disaster 1997 Fannie Mae is a GSE (Govt Sponsored Entity) regulated by Congress. Fannie Mae buys mortgages from other companies. It is backed by the taxpayers for all losses, but keeps all profits. President Clinton loosens Home Loan Requirements. 1998 Banks begin making thousands of bad loans,0 down, no documentation, for 120%! (1998 � 2008). Executives at Fannie receive huge bonuses if loan targets are met. Franklin Raines and Jamie Garelick from the Clinton Administration are appointed to run Fannie Mae. 2003 President Bush proposes a new oversight committee to clean up Fannie Mae, but Democrats derail the effort. Rep. Melvyn Watt, (D-NC) Committee on Financial Institutions & Consumer Credit. stated, "I don't see much other than weakening the bargaining power poorer families to get affordable housing." 1999 - 2004 Raines earns $100 million in bonuses. Garelick earns $75 million in bonuses. In 2004, Enron collapses, congress investigates, Executives Skilling & Lay go to jail, for fraudulent bookkeeping. Congress responds with the Sorbanes-Oxley Act, more heavy regulation of corporations. 2004 An OMB investigation finds massive fraudulent bookkeeping at Fannie Mae. False numbers triggered executive bonuses every year. Congress holds no hearings, no one goes to jail, or is punished. WHY NOT? 1999 -2005 Fannie Mae gives millions to Democratic causes, examples: Jesse Jackson & ACORN. Fannie Mae pays millions to 354 congressmen and senators, from both parties. Who got the most money? Top 4 Recipients #1 Sen. Christopher Dodd, (D-CT) Chairman of the Banking, Housing, & Urban Affairs Committee #2 Sen. Barack Obama, (D-IL) Federal Financial Management Committee Top 4 Recipients #3 Sen. Chuck Schumer, (D-NY) Chairman of the Finance Committee #4 Rep. Barney Frank, (D-MA) Chairman of the House Financial Services Committe 05 Franklin Raines & top execs are forced to resign from Fannie Mae. They do not go to jail. There is no media "perp. walk." They keeps all of their bonuses They finally pay $31.4 million in civil fines. 2005 The Federal Housing Enterprise Regulatory Reform Act is sponsored by: #325 Sen. John McCain, (R-AZ) Armed Services, & Commerce, Science, & Transportation "If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole." None of the top 4 recipients support the legislation. The reform act is blocked by Democrats, never even making it out of committee. None of the politicians return any of the money, tainted by fraud. 08 Fannie Mae & Freddie Mac go bankrupt and the govt. takes them over completely. Lehman Brothers, goes bankrupt from investing in bad mortgages. AIG get $85 million in loan guarantees, after insuring bad loans & projects. Taxpayers will ultimately pay BILLIONS. 2008 Franklin Raines is now an advisor to the Obama Campaign which wants the govt. to take over more of the economy. Did government involvement in the mortgage market work out? How will even MORE government involvement make it better? Do you want to be Sweden? McCain favors revising regulations & loan standards, selling off Fannie & Freddie. RCES Congressional Record, 5/25/06 "Hannity & Colmes," Fox News, 9/16-9/17/08 Herald Tribune, 4/18/08 New York Times, 9/13/03 www. govtrack.com, 9/17/08 Close All

Resolved Question: Does anyone know where I can find Barq's Red Cream Soda in Georgia (NE area) or SC or NC areas?

I am looking for some Barq's Red Cream Soda in my general area. I live in Northeast Georgia and at the South Carolina border and not too far from the North Carolina area (Franklin, NC). Has anyone seen it in their area or region? I would be willing to drive for it, I just need to know where to look. Thanks for the help.


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