How Do We Get Out of the Mess with Fannie and Freddie? [View article]
To the first comment by Mohideen Ibramsha: It's a ridiculous proposition. Did anybody be forced by a gun pointing to his head to buy a house in 2005? You buy a house, you assume the risk. Just like you cannot expect government/tax payers to bail out those who bought Lucent or Amazon in 2000 at sky high prices.
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To the first comment by Mohideen Ibramsha:
Jul 13 13:38 pm
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All Comments by evilll »How Do We Get Out of the Mess with Fannie and Freddie? [View article]
It's a ridiculous proposition. Did anybody be forced by a gun pointing to his head to buy a house in 2005? You buy a house, you assume the risk. Just like you cannot expect government/tax payers to bail out those who bought Lucent or Amazon in 2000 at sky high prices.