Andrew Cuomo and Fannie and Freddie, How the youngest HUD secretary caused the mortgage crisis

Andrew Cuomo and Fannie and Freddie, How the youngest HUD secretary caused the mortgage crisis
The Village Voice ^ | August 05, 2008 | Wayne Barrett

Posted on 09/08/2008 7:06:36 AM PDT by joinedafterattack

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To: MadelineZapeezda

BTTT.

81 posted on 02/04/2010 9:26:51 AM PST by mewzilla (I'm not a socialist. Heck, yes, I hope Barry fails. Sheesh.)

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To: BGHater

"Gov’t central planners had their hand in this. Pres. Bush wanted 5.5 Mil more homeowners. Well, he got it. We are all homeowners now."

In FY2007, Congress appropriated $24,750,000 for ADDI.

Previously, Congress appropriated $74,513,000 in FY2003 and $86,984 in FY2004, $49,600,000 in FY2005 and $24,750,000 in FY2006

Seems ADDI turned out to be chicken feed in relation to the current crisis.

82 posted on 02/04/2010 10:13:54 AM PST by anglian

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