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To: org.whodat

This is fact:

“In 1999, pressured by Clinton, Fannie Mae started a programme of extensive expansion of loans to people with low to moderate credit. Clinton’s housing secretary Andrew Cuomo warned Fannie Mae and Freddie Mac that such loans must amount to 50% of their portfolio by 2001.”

FoxNews did a special on it a few months ago, with dates adn specifics/


3 posted on 11/22/2008 8:12:00 PM PST by FocusNexus
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To: FocusNexus
On what day did the clintoons invent derivatives??
5 posted on 11/22/2008 8:17:27 PM PST by org.whodat (Conservatives don't vote for Bailouts! Republicans do!)
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To: FocusNexus

Right you are; the historical record is clear. Black helicopters, my arse. It could not be clearer. Clinton and the dems, including Barney and Teddy, did not invent derivatives but they pushed the hell out of them while encouratging the “community organizers” to demand that they be allowed to lie to get them. It was all for votes.

They affirmatized the eschaton, so to speak.


54 posted on 11/23/2008 10:54:56 AM PST by AmericanVictory
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