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To: brytlea
You know, I rarely see anyone talking (so far) about the fact that Congress pressured banks to make home loans to people who should have never had home loans. I have also wondered if another piece of the puzzle was the fact that they could make the loan and then move it on to Fannie Mae etc? That way, they didn’t CARE if it had a chance in hades of being paid back.

susie

I've seen that discussed A LOT right here, ever since the bill was passed. Of course you never see it in the MSM, or CSPAN. Pelosi claims that Congress had nothing to do with this. It's just the republican's fault.

Only the government could come up with a business model to loan money to people who can't pay it off, and expect it to survive, financially. Of course, this is the same government that can't run their own restaurant for 100 people (the senate). They've had to get emergency "loans" to cover expenses over and over again! And this is the same government that's going to save the financial markets, and provide out health care.

"Dear Lord, please save me from these people who want to help me!"

Mark

61 posted on 09/20/2008 8:47:22 AM PDT by MarkL (Al Gore: The Greenhouse Gasbag! (heard on Bob Brinker's Money Talk))
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To: MarkL

Sorry I wasn’t clear, I did mean in the MSM.
susie


65 posted on 09/20/2008 11:53:59 AM PDT by brytlea (Obama--Keep the change!)
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