You knew it would end up
back with Clinton, didn't you?
Since HUD became their regulator in 1992, Fannie and Freddie each year are supposed to buy a portion of "affordable" mortgages made to underserved borrowers. Every four years, HUD reviews the goals to adapt to market changes
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You can also look through the following links:
http://confederateyankee.mu.nu/
http://www.davidlimbaugh.com/
http://www.littlegreenfootballs.com/weblog/weblog.php
http://pajamasmedia.com/
http://www.powerlineblog.com/
http://www.nicedoggie.net/2008/
(If you're averse to swear words, don't go to the last link - they are sprinkled throughout. Just thought I'd give you fair warning about that.)
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The cause of the current problem was the counterfeiting that has been perpetrated by the Federal Reserve. Republicans and Democrats both love the Federal Reserve because it enables the largest spending increases in US history. They also love the other party so they can have someone to blame it on.
American voters are stupid.
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