Interesting isn’t it that liberal policies (because that is what the Pelosi-Reid congress gave us) such as the take over of Fannie Mae/Freddie Mac (On September 7, 2008, Federal Housing Finance Agency (FHFA) director James B. Lockhart III announced he had put Fannie Mae and Freddie Mac under the conservatorship of the FHFA (see Federal takeover of Fannie Mae and Freddie Mac). The action has been described as “one of the most sweeping government interventions in private financial markets in decades”.) have only hurt the minority communities and never helped them?
Didn’t Bawney Fwank have his hand involved in that debacle too?