The fact that a decade of uncontrolled INFLATION in housing prices across the nation, based on “phony” loans and speculation, which made houses COST more than their VALUE is a big part of the problem.
Next time you libs are complaining about the housing crash, just remember who tried to warn everyone and get more oversight, and who stood on the floor of the Senate and claimed Fannie and Freddie were fine and that anyone who said otherwise was a racist…
Dtroutma almost 13 years ago
The fact that a decade of uncontrolled INFLATION in housing prices across the nation, based on “phony” loans and speculation, which made houses COST more than their VALUE is a big part of the problem.
grayhares01 almost 13 years ago
Next time you libs are complaining about the housing crash, just remember who tried to warn everyone and get more oversight, and who stood on the floor of the Senate and claimed Fannie and Freddie were fine and that anyone who said otherwise was a racist…