So you’ve no knowledge of what Fannie Mae and Freddie Mac were deaeling in. Nice try to fool the readers there, skippy.
What are you even talking about? Fannie & Freddie helped cause this credit/housing bubble for sure, but NOW we are talking about solutions.
McCain was asked how he would fix it NOW. He said he wanted the Gov't to buy actual mortgages from people like Joe Bob down the street who overextended himself and jumped into a home that he could not afford.
He is proposing a socialist solution which is every bit as disgusting as the underlying problem. Get a clue.