Quote:
Originally Posted by aklim
Now, what if the CRA was abolished, Fannie and Freddie were not forced to get involved, would we have to bail them out today? Would we be in as serious a mess as we are? I think not.
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Remember we bailed out many more than just Fannie & Freddie. The housing boom & bust would have probably happened sooner or later anyway.
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2004 VW Jetta TDI (manual)
Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL
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