Tuesday, August 11, 2009

Another sub-prime crisis looms

http://www.americanthinker.com/blog/2009/08/another_subprime_crisis_looms.html "If there was ever any proof needed that government is run by a bunch of idiots, this is it.After bailing out Fannie Mae and Freddie Mac to the tune of almost a trillion dollars, one might think that government had learned its lesson about loaning money to people for houses who either can't afford it or have proven to be bad risks in the past.Enter Ginnie Mae..."

No comments: