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#11
08-02-2011
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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. 
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