The Realist

How Much Are Fannie and Freddie to Blame?

dlaw, perhaps an economic course would do you well. You put the cart before the horse and can not let go of your cognitive dissonance about politics to take one second to see what you are staring at. Nothing the democrats can do is wrong for you. As long as your fascist Democratic leaders get power anything is fair to say regardless of how inane it is. I on the other hand hate all politicians, I can bad mouth Republicans just as well as Democrats.

The bankers did not stick the paper on Fannie and Freddie. Without those two institutions the banks could never have made this paper. How simple can this concept be and you still can't get it. Duh.

The CDOs were predicated on the fact that Fannie and Freddie could borrow at below market rates. If Fannie and Freddie did not exist these CDOs would never have been created.

Get a life dlaw, learn to look at reality instead of through your partisan prism. Your name reminds me of all our Democratic congressman who are lawyers and no absolutely nothing about economics.