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To: Proud_texan
The letter makes no mention of Freddie or Fannie and only focuses on the lenders helping people avoid foreclosure. This is NOT an attempt to reign in anyone. It was an attempt to treat a symptom (high foreclosure rate) and not the problem (bad loans to people who can't pay them).
46 posted on 10/06/2008 2:47:55 PM PDT by eggman (Obama is now The Zero. He used to be The One but he added Biden.)
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To: eggman
He used to be The One but he added Biden

That would make him a negative number then. But I guess "The -8" does not quite roll off the tongue like "The Zero."
81 posted on 10/06/2008 4:21:58 PM PDT by attiladhun2 (Obama is the anti-Reagan, instead of opposing the world's tyrants, he wants to embrace them)
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