Home ND News Mobile Forum Contact Reader Blogs Register Login

Sunday, October 05, 2008


National Republican Congressional Committee Blasts Democrats On Bailout

More of this please:

Make no doubt it about, Fannie Mae and Freddie Mac are at the very heart of our current economic downturn.  Those two government sponsored entities (literally called GSE’s in government acronym speak) owned or secured 51% of the nation’s $12 trillion mortgage market.  When they went, the housing market went.  And when the housing market went, a good chunk of our overall economy went with it.

And it all happened because of stupid government policies and the liberal politicians who backed them.

Does this tick you off? Click here to email your elected representatives right here on Say Anything, or comment below.

Comments

Register For An Avatar/Reader Blog | Commenting Policy

Before commenting, please recite:

Grant me the serenity to ignore the trolls,
the courage to debate with honest opponents,
and the wisdom to know the difference.

blog comments powered by Disqus