This has been common knowledge since 2001 and Bush’s first budget proposal to congress. Time for Franks to do a little time!
Wednesday, July 08, 2009
By Fred Lucas, Staff Writer
Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee. (AP Photo)Washington (CNSNews.com) – Fannie Mae and Freddie Mac were the chief culprits in the housing crisis because they encouraged people who could not afford payments to borrow money, according to a congressional report released Tuesday.
No comments:
Post a Comment