Friends, a few years ago Republicans in Congress were fighting to get tougher restrictions on Fannie Mae and Freddie Mac so that those institutions would remain solvent. Democrats were adamant that those institutions should remain "as is" with even less controls. Wow, the mortgage crisis could have been prevented if Democrats were interested in fiscal responsibility. It is actually, impossible to blame the mortgage crisis on the Bush Administration while the Democrats paved the way, on purpose, for increased irresponsible lending practices. The truth hurts.
Posted by anthony at 5:30 PM | 5 comments | TrackBack (0)
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