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Post by japflapper on Sept 2, 2011 10:59:14 GMT -5
Let me get this right, first congress pass's goofy laws that MAKE banks give out loans to minority's and people who can't afford a new home. Then the whole thing goes to pot and banks are about to go out of business so then the gov. bails them out.
Now that they are finally on solid footing the gov. is going to sue them for selling all the bad loans they were MADE to give out? Which will once again put the banks back in the hole which once again will cause the gov. to have to bail them out again!
Does anyone in DC have a brain in their head?
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Post by trapper7 on Sept 2, 2011 11:19:14 GMT -5
It was Clinton who forced the banks to make these loans during his term. Can't blame that one on Bush. Barney Frank and Chuck Schumer both assured Bush Fannie & Freddie were in good shape. Now, either these two clowns were stupid or they were lying. It's one or the other.
Then when Fannie & Freddie were about to go under, Bush bailed them out and Nancy Pelosi called it one of Bush's failed policies. I wonder what she'll say this time?
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Post by japflapper on Sept 2, 2011 11:45:42 GMT -5
Barney's gay lover was in charge of Fannie or Freddie at the time. Shumer got sweet heart loans from country wide, but none of that had anything to do with anything, it's all bush's fault.
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