View Single Post
  #9  
Old 08-02-2011
franalexes franalexes is offline
Senior Ladyboy Lover
 
Join Date: Dec 2007
Location: indoors & outside
Posts: 1,416
franalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud offranalexes has much to be proud of
Default Barney, Freddie and Fannie

A lot of people put what they had into a home; above and beyond what they could really afford, thanks to Barney Frank and his Fannie-May and Freddie-Mack. Not only are these people upside down on their mortgage but the housing market for those above water has been adversly affected.

So having housing connected to the government did not create a safety net. As you say," insane idea."
It is more of a black hole.

Last edited by franalexes; 08-02-2011 at 09:42 PM.
Reply With Quote