Come one and all...
The Greatest Ride Of Your Life!
The Most Luxurious Decent Into A Financial Grave ...
According to Latest AP News --
Fannie, Freddie spent millions on lobbying By TOM RAUM and JIM DRINKARD, Associated Press Writers
Thu Jul 17, 2008
http://news.yahoo.com/s/ap/20080717/ap_on_bi_ge/fannie___freddie;_ylt=AlXGvyLNwsLu0TUlrMkFWZRv24cA
The Lenders said, "Hey, look we can give all of these new mortgage programs to everyone. Low, interest rates...no money down...we go by your score only..."
The homeowners heard, "I can buy anything that I want now, and I'll refinance later..."
The US Economy heard, "Everyone is buying homes and spending money..."
The Lobbyists heard, "Here is a $170 Million Dollars..."
Thursday, July 17, 2008
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