posted on 03/24/2013 8:29:33 PM PDT
The IDIOTS the NYT and their readers support and back BROUGHT US THIS!!!!!!!!!!!
Just another day in Obamaland. :(:(:(
Why doesn't anyone care?
posted on 03/24/2013 8:42:09 PM PDT
(The American Revolution began when the British attempted to disarm the Colonists.)
Still, Washington has shown little interest in winding down Fannie and Freddie. The ostensible reason is that there would be no mortgage market without them; private lenders are still unwilling to make home loans that they want to hold as investments, so Fannie and Freddie still have to buy or guarantee them.
We are now in a centrally-planned economy. Because the Fed keeps interest rates a near zero, the Gov't still wants every deadbeat out there to own a home, and the banks and Fed are still sitting on tons of bad loans and property already - the NY Times in telling us the free-market doesn't want to touch mortgages.
posted on 03/24/2013 8:45:31 PM PDT
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