PoliticalChatter

I am not going to get into the economic ins and outs of Fannie Mae and Freddie Mac. Folks, the government should have first never allowed for such an establishment and second should have let it die. Yes, it would have hurt, but now what is the lesson being taught? The government is telling businesses to spend recklessly, pass out the loans and in other words, ignore the rules of being a business.

This is a very dangerous precedent to have created. Nothing has been corrected only delayed, the fact is when the next fall starts, the hit is going to be hard, real hard.

Trackback URI | Comments RSS