[Fred Douglass]

...many, many articles state that it was the liberal Dumbocrats and that 1970's law aimed at putting indigents into private homes (still can't name it.....C_ _??) which started the economic disaster. Many of these explanations point out that banks were CAJOLED into lending to these people (threatened with legal action). They had to accept such things as welfare, ADC and unemployment check stubs as "sources of income" for qualification for massive mortgage payments.

My point was that the TWO Fed-subsidized Freddie/Fanny thingamabobs were just revealed to be giving THEIR execs massive million-dollar bone-asses.........

Talk about the wolf using the farmer's stove to cook the mutton!!!!!!