Saturday, October 11, 2008

Root of Fannie and Freddie Found in Clinton Administration


Have you seen this yet? It's an article written nearly ten years ago explaining what was going on with Fannie Mae and Freddie Mac during the Clinton administration. I'll let you draw your won conclusions about which "side of the aisle" of Congress is responsible for the mess we are in today.

I even checked it out on Snopes.com to make sure it was legitimate.

Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
Published: September 30, 1999