1999: Fannie Mae Eases Credit To Aid Mortgage Lending?

Whatever the Democrats did it did not spin out of control as it has under Bush.

Bush has made it more than clear that the markets can do as they wish and Cheney has pronounced that "deficits don't matter."

With this kind of mentality in the White House and throughout the country due to the brainwashing Rush Limbaugh and ilk have done over the years about the invincible nature of US capitalism, the US set itself up for failure.

Whatever Clinton, and even Carter, have proposed to make ownership easier it was done under a plan that required the careful regulation of it.

That was never the case with Jr & Co. who let greed run wild like someone driving drunk after gulping down a six pack.

This is only one of the efforts by Congress to increase minority lending by creating the sub-prime mortgage mess.

Perhaps the Democrats are prone to spend money at home unwisely. While the Republicans are prone to spend money abroad on foreign adventures unwisely.

Either way USA is going to have huge foreign debts to pay off. Because neither the Democrats nor the Republicans are good at managing taxpayer money well.

Perhaps US voters need to choose a third way, led by Ron Paul and those who support him.

That and our successful lobbying of Mc$ame and the republicans to allow deregulation of banking and market making laws. That is how we were able to create the derivitives that became the instruments the mortgage lenders traded with the banks. We consider it one of Bush's successes! We made BILLIONS!! ...Now stop with the questions and go watch Fox news.