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Kevin Barber
UOP mods still underway on February 15, 2011
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Great News: the Gov't has fixed the housing problem Posted by Kevin Barber — October 8, 2009 @ 10:45PM

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Great news from Peter Schiff... Now that Fannie is a fully government run agency, they're free to fully re-distort the housing market with new programs that only take us right back to what caused the whole housing mess.

Yes, the issue that caused it all was a lack of poorly documented, poorly qualified borrowers. So, Fannie is implementing programs to fix it for us.
But, this time, the taxpayer is directly accountable if it blows up (again).


(video cuts off at the end.. just a little technical glitch)

Peter Schiff is running for US Senate ( http://www.schiffforsenate.com ) in CT against Chris Dodd (Dodd a big supporter of Fannie and Freddie and an implementer of their lending programs).

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