[GOPyouth]

This stuff about Gingrich is such a pantload. He earned the money.

My issue isn't so much that Fannie paid an ass load of money for a "historian", but that Gingrich praised the Fannie/Freddie business model.

[berdie]

At one time these loans were not a bad thing.

They did assist people in a positive way to get a home.

You had to show credibility, promise your first born child and your right hand if you reneged on the loan.

Some where along the line that all changed. You could not state correct income and have no downpayment of any kind. No skin in the game, so to speak.

I don't know which business model Newt was praising.

[newzjunkey]

How many decades had Fannie & Freddie worked as planned until Congress got stupid?