Posted on 05/05/2017 4:02:05 PM PDT by lowbridge
Yep - the Dems set it up with Fanny and Freddy then offered a "cash for clunkers" type deal to forgive a lot of the money owed and I'm sure a lot of them "bankruptcies" were to ensure the deadbeats got to keep as much as possible.
Now they're making noise about loaning lots of money to more folks who can't afford it....
Actually it was the bankruptcy “reform” law that did it. Made it harder to BK out bad debt, so anyone who was on the fence at that time was all but forced to jump.
It’s nice to see the details we all expected.
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