Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,322
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

Keyword: severebadgovernor

Brevity: Headers | « Text »
  • Romney’s MA Jobs’ Initiative Directly Contributed to the 2008 Financial Crisis

    03/28/2012 10:06:45 AM PDT · by SoConPubbie · 10 replies
    Redstate.com ^ | Friday, March 23rd at 2:48PM EDT | BuckeyeTexan
    . . . . . Romney’s Jobs’ Initiative Worsened the Housing Crisis in Massachusetts So when President Bush’s administration was attempting to regulate GSEs to avert a financial crisis, Governor Romney’s affordable housing policies in Massachusetts were significantly contributing to the bad assets on the books of Fannie Mae and Freddie Mac. According to data from the Federal Reserve Bank of Boston the number of subprime mortgage originations in Massachusetts spiked between 2003 and 2006 during Romney’s tenure as Governor of Massachusetts. Given that there were prominent conservative whistle-blowers warning about the potential dangers of Fannie Mae and Freddie Mac,...