"More Americans should own their own homes"
Finally we have a comprehensive factual breakdown of exactly what happened to get the great nation to it's current sorry state. The roll of Fannie and Freddie and the names of the criminals who setup the corrupt programs that ultimately set all of us up to lose much of what we had all worked for.
Let me ask you this .....If Fannie and Freddie were setup to help low income families achieve home ownership why do we not have a low income housing problem ? Why are all of our home values being rocked ? Why was Nancy Pellosie on the floor of congress asking for the allowable limits to Fannie and Freddie mortgages to be raised to allow million dollar mortgages?
Do you know any low income families that need to have a million dollar mortgage ????
The reason she pushed for this and the reason why congress increased the limit is because they all took money from Fannie and Freddie if they were making profits .... The more profit they showed the more money they took so they were all so happy to increase the amounts of the mortgages.. The profits were all lies, Barney Frank telling us all that the companies were fine when he knew they were on the verge of Bankruptcy was a lie ...
So now we have lost the value in our homes and our tax dollars are going to bail out the two mortgage giants that congress destroyed. You know that not one of the congress members that took money has ever returned what they took to Fannie and Freddie .... They just steal from us instead of repaying their ill gotten gains.
How could we have let these corrupt bastards take money out of what they called profitable GSEs when they cant get social security, medicare, the post office or the rail system to break even? What is wrong with us just standing by and letting them rob us?
This book ... Reckless Endangerment .. will give you all the facts on this incredible scam.
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