Quote Originally Posted by Lyle View Post
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.
Richard Nixon-Gas Crisis,Recession,sorry Republicans,the gas crisis happened in 1973
Ronald Reagan-Two recessions,and two stock market collapses
George Bush-1 Recession
George Bush 2-Two recessions,a gas crisis,and two stock market collapses
Not to mention two different major investment market bailouts
Man you guys are just kicking ass,by ass of course I mean,average working person