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Old 02-24-2009, 09:13 PM
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Quote:
Originally Posted by dklassen View Post
From 10 years ago. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

And so it began and here we are.

Fannie Mae Eases Credit To Aid Mortgage Lending

http://query.nytimes.com/gst/fullpag...5AC0A96F958260

And you wonder why nobody will own up to this. I was told on here that we should not worry about the past.....hmmmmm.

The link you supplied is the root cause of what is happening in this country and you would think it would be important to recognize that.

Now to listen to the President...wonder if he may mention that ?