More Mortgage Insights for the Rigid Mind


	More Mortgage Insights for the Rigid Mind

davboz

4-4-2009 10:15 AM

102 views

davboz says:

Allow in some new info. Break through the denial.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/07bd000c-ad5e-4111-ba21-21d638d913eb/52CFC247-F76C-4BEA-A709-8E6B0D113BE9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html" href="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html" style="font-size: 11px;">letters.salon.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html"><P>First, editor Paul Gigot recalls his own subprime experience way
back in 2003, when the conservative and free-market advocates at
the Wall Street Journal had already led the way in criticizing the
incestuous relationship with the subprime lenders and the federal
GSE's:</p> <P>
<A title="Linkification: http://online.wsj.com/public/article_print/SB121677050160675397.html" href="http://online.wsj.com/public/article_print/SB121677050160675397.html" class="linkification-ext">http://online.wsj.com/public/article_print/SB121677050160675397.html</A></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html">Next, a virtual compendium of the Wall Street Journal's
long-running battle with Fannie and Freddie's ennablers.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html">http://lonestartimes.com/2008/07/16/wall-street-journal-takes-well-deserved-victory-lap/</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html">Finally, about the 2005 bill. It passed the House, in fine
bipartisan fashion, because it was such a weak, crappy, ineffective
bill. Nobody in Congress had the guts to take on Fannie Mae and its
lobbyists. The White House actually insisted on a much, much
tougher bill!</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html">http://online.wsj.com/article/SB113020760654078447.html?mod=Extra</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html">So there. You want a real primer on the Fannie Mae debacle?
There you have it.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://letters.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/permalink/60a977c8a27bf089370536833f42da2e.html"> the U.S. House of Representatives
was the problem.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/52CFC247-F76C-4BEA-A709-8E6B0D113BE9/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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