Recently a vote was taken on the US Senate on a bill that proposed any loans being made by Fannie Mae/Freddy Mac be made with a 5% down payment by the borrower. The bill failed on a straight party line, 57-41.
CT Dummycrat Chris Dodd, one of the "architects" of the big hairball in our throats that is the Fannie/Freddy mess, remarked as he prepared to vote "no", "If you make this requirement, you will restrict home ownership only to those who can afford it."
Incredible.
Ramblings of a 60 Year Old Man - My thoughts on just about anything, in no particular order; Robert Thomas - author.
Apparently he has learned nothing from the mess he has helped create. Turn on the news, chowderhead!
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