It's incredible. I explain stuff to you using facts and evidence to the point where you concede the argument. Then later you come out with exactly the same rubbish again. No matter how many times you're told that Fannie/Freddie/Jimmy Carter had nothing to do with the current mess it has no effect, it's like some kind of unkillable zombie lies that you can't not believe. This is why the mass gayification of conservatives has become necessary.
Once again, Fannie/Freddie/Carter/Clinton are not responsible for the current mess. The removal of all regulation and oversight of the financial industry by the Bush administration and their 2004 deal to allow investment banks to lever up their debt:asset ratio from a safe 10-15:1 to 40 and 50 and more :1 is. If Fannie, Freddie and the Community Reinvestment Act had never existed the exact same situation would currently exist.


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