[wmfights]

“And I got to tell you, for five years, I was part of an effort at the White House to fight this and our biggest opponents on the Hill who blocked this every step of the way were people like Chris Dodd and Barney Frank. And Fannie and Freddie are the $200 billion contagion at the center of this.”

Who controlled Congress from 2000-2006?

I keep seeing the Rats being blamed, but why didn't the Pubs do something? I'm starting to believe this bail out of wall street was pushed through with Pub support because they are a bunch of pansies who even when they were in the majority were more afraid of the Rats and bad media coverage than doing what they were elected to do.

[AuntB]

There’s plenty of blame to go around.

Bush seeks to increase minority homeownership (FHA with no down payments to bad credit risks!)
By Thomas A. Fogarty, USA TODAY 1/20/2004

http://www.usatoday.com/money/perfi/housing/2004-01-20-fha_x.htm

Can’t give a snip of USA today, but it’s worth the read!