Jail NOT Bail is RIGHT!
And make sure it’s HARD TIME, too.
NOT a Country Club Fed Prison!
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This is a GREAT article, btw !
Yes it is a great article. The only thing missing is the prosecution of that one lending institution in 1994, where they had to pay out something like $10,000. Janet Reno trashed the firm and it promised to immediately start loaning to poor people who couldn’t service the loans.
Reno made it clear she was on the war path, so what were lending institutions to do?
When the dust settles, the Democrats are going to come off looking like the idiots of the ages on this one.
How many of those loans were to illegal aliens using fake/stolen IDs? The number, five million, has been mentioned:
The Timeline Project / Link List of Bailout History
[post 66]
http://www.freerepublic.com/focus/f-bloggers/2093845/posts?page=66#66
How many millions of fraudulent loans did Fannie/Freddie own?
[I’ll link this to the Timeline. FRegards ....]