Always nice to see how "compassionate" liberal policies of mandating lending policies that force financial institutions into lending money to high risk applicants is a good idea. The downstream effects of Fannie and Freddie spread throughout the financial world which in turn destroyed all liquidity of credit.
Until the bitter end Chris Dodd and Barney Frank said there was "nothing wrong". And hey.. maybe nothing was wrong if their plan was to use bad policies to create a situation whereby the Federal Government has to step in and take over the financial system.
Gee I wonder if the same principle applies to health care?
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