tag:blogger.com,1999:blog-3267928368747294421.post3310973152786561640..comments2023-09-06T22:58:43.907+10:00Comments on The Angry Exile: What the hell's it got to do with you, George?Angry Exilehttp://www.blogger.com/profile/13697765915987279791noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3267928368747294421.post-58243556321912151192010-06-17T19:17:17.621+10:002010-06-17T19:17:17.621+10:00Yep. In fact that was, as I understand it, the rai...Yep. In fact that was, as I understand it, the raison d'ĂȘtre for Fannie Mae/Freddie Mac in the first place. That's a time bomb that's been ticking since the 1930s and rather than defuse the fucking thing some Presidents (I'm thinking of a certain cigar loving one) chose to pile a few gas bottles on top.Angry Exilehttps://www.blogger.com/profile/02491082312193274360noreply@blogger.comtag:blogger.com,1999:blog-3267928368747294421.post-25215632950860178092010-06-17T17:59:30.887+10:002010-06-17T17:59:30.887+10:00"He knows better than the bankers who are alr...<i>"He knows better than the bankers who are already reconsidering the decisions that got their fingers so badly burned."</i> <br /><br />As we saw when we dug into the US lending market crash, a lot of the bad decisions were mandated by government pressure to ensure 'fairness' and 'equality' for the urban underclass.<br /><br />The banks wouldn't have granted them otherwise.JuliaMhttps://www.blogger.com/profile/07844126589712842477noreply@blogger.com