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Saturday, December 24, 2011

The Housing Bubble and the Big Lie | Mother Jones

The Housing Bubble and the Big Lie | Mother Jones - I thought it was very sad but so simple as I read another article that was putting most of the blame on fannie and freddie. The one statement that flawed me in that other article that was placing most of the blame on these two was that they were finally being able to get in on the sub-prime market like all the others. Doesn't that say it all the other institutions were cleaning up on these long before freddie and fannie were even able to look at them. As I stated in other areas of this blog the few have a lot to gain from the many failing!

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