Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ridesthemiles
This is absolutely the truth. Clinton expanded Carter's nightmare and when the banks balked with reason, Clinton guaranteed the losses with Freddie and Fannie. Once that was done, Reno threatened to go after any bank that didn't pony up mortgages to people they KNEW wouldn't be able to pay them.
25 posted on 05/19/2012 8:49:27 AM PDT by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
[ Post Reply | Private Reply | To 20 | View Replies ]


To: liberalh8ter
Clinton expanded Carter's nightmare ...

As did a young community organizer in Chicago who sued Citibank to force them to loan money to people who had no chance, short of winning the lottery, of ever paying it back.

29 posted on 05/19/2012 10:00:07 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 25 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson