September 29, 2008
Rev up the time machine
And go back five years to September of 2003. The housing market was booming (I know, I bought my house the previous month out of fear that if I didn't get out of my condo and into a house, that I would never be able to).
Anyway, back then someone was trying to bring Freddie and Fannie under control. The person, George W. Bush. The New York Times public archive is your time machine...
We now know that this reform of Fannie and Freddie was killed by Democrats like Dodd and Frank who now chair the committees that oversee financial services in the Senate and House respectively.
Posted by Henry Louis Gomez at September 29, 2008 03:19 PM
Comments
oh I don't think we're ever going to read anything approaching "facts" as opposed to "opinions" on this file.
especially the Clintonistas having loosed the ties that bound mortgage lenders to following strict criteria for lending...
and starting the long descent... into the present.
Posted by: marc in calgary ![[TypeKey Profile Page]](http://www.babalublog.com/nav-commenters.gif)
at September 30, 2008 01:29 AM
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