02-09-2011, 12:56 AM
"Quietly, late on Christmas Eve 2009, during the Christmas-New Years news lull, the Obama Administration pledged UNLIMITED taxpayer-financed assistance to bankrupt, government-run Fannie Mae and Freddie Mac. This allowed the Administration to exceed the $400 billion loss limit without seeking Congressional approval (which in itself may be un-Constitutional)."
http://www.washingtonpost.com/wp-dyn/con...01588.html
This pisses me TF off. Clinton, Bush, and Obama all share responsibility in this, but it has been Obama's mission for a long time: http://iusbvision.wordpress.com/2008/09/...bad-loans/
People don't get angry enough about ACORN. I don't think they realize how this organization got every inner city lazy fucking idiot a home loan over the last 5 years and how it is these loans that caused the great foreclosure collapse. We have to stop entitlement now before we have to claim that way of life.
http://www.washingtonpost.com/wp-dyn/con...01588.html
This pisses me TF off. Clinton, Bush, and Obama all share responsibility in this, but it has been Obama's mission for a long time: http://iusbvision.wordpress.com/2008/09/...bad-loans/
People don't get angry enough about ACORN. I don't think they realize how this organization got every inner city lazy fucking idiot a home loan over the last 5 years and how it is these loans that caused the great foreclosure collapse. We have to stop entitlement now before we have to claim that way of life.