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Obama's First 100 Days......
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<blockquote data-quote="Babagounj" data-source="post: 478805" data-attributes="member: 12952"><p>This exactly was done to us by Barney Frank & company who promoted the ideal that everyone ( citizen & non-citizen ) was entitled to own their home, even if they could not afford it. Thus they kept saying that Freddie & Fannie Mac were solvent, right up to the day everything fell apart.</p><p>The banks knew that any loans they made no matter how rotten they were, would be backed by Freddie or Fannie.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 478805, member: 12952"] This exactly was done to us by Barney Frank & company who promoted the ideal that everyone ( citizen & non-citizen ) was entitled to own their home, even if they could not afford it. Thus they kept saying that Freddie & Fannie Mac were solvent, right up to the day everything fell apart. The banks knew that any loans they made no matter how rotten they were, would be backed by Freddie or Fannie. [/QUOTE]
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