Quote:
Originally Posted by bhunter
I agree. Fannie and Freddie ought not exist.
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It is not only Fannie and Freddie, you have to get rid of Derivatives, securatized morgages, mortgage brokers and title companies. The whole mortgage system sucks and only encourages theft. You might toss lobbyists while you are at it.
The Supremes say lobbying is covered by the First ammendment "citizen's right to petition". Really? So when did China, and Abu Dhabii, and other countries become "citizens", and since when is a $100 bill a petition?
Sorry, but the whole financial system is so corrupt that the smell is noticeable at the 200 mile limit