Originally Posted by
Lyle
So you're telling me Kirkland that being the Chairman and CEO of Fannie Mae and Freddie Mac doesn't matter at all?
Let's get this straight buddy the banks would NEVER have made those loans had not a GSE been there to buy those bad loans up because smart businessmen know that people who can't afford a home CAN'T AFFORD A HOME ergo they don't deserve a loan no matter what good intentions one might have. If a bank wanted to make money on bad loans yes they could abuse the system and that's what happened, the money was guaranteed and well here we are.
But let's all just wait for the magical Barrack Obama to come in a wave his magic wand and fix all this...Democrats NEVER mess up....they never do...even to think such a thing is blasphemy.
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Re: Phuking Republicans!
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