A *very* interesting article on the mortgage mess

[darthcrank]

In my muddling about trying to get an understanding on how and why the mortgage mess has happened (and now what the heck to do about it), I run across this article...a little history lesson from just a couple years ago.   Look who the major players are in the story, it might affect your judgement come this November!

Direct Link: http://www.bloomberg

Comments

Looks like you may actually be more right...

[thesaj]

Allium-Sativum posted the following links. They pretty much support what you stated. Note, that the NY Times article is from like 2003. And the NY Times is never one to be accused of being a conservative rag, that's for sure.

The New York Time article about Bush requesting Congress to change regulations for Freddie Mac and Fannie Mae.

http://query.nytimes.com/gst/fullpage.html?res=9E06E3D6123BF932A2575AC0A9659C8B63&sec=&spon=&partner=permalink&exprod=permalink

Text for John McCain's 2006 introduction of the FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005 to the Senate floor.

http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190

Although it is linked to in the previous article, the text for FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT OF 2005

http://www.govtrack.us/congress/billtext.xpd?bill=s109-190