Sept. 1999: Fannie Mae Eases Credit To Aid Mortgage Lending

[ff_jeff]

In the left wing Slick Willy could do no wrong... And George W. is the devil. When in reality Slick Willy is the true evil, who set things into to motion through making the wrong moves, or not making a move at all (i.e. Having Bin Laden killed before he could initiate his plans).

I don't care what anybody says about the previous presidents. All I know is the past 8 years have been the worst years for this country in a very long time, if not ever. And it just may be a coincidence that bush was behind the wheel. Nevertheless, hopefully the next president can clean up this god awful mess.

[zeake]

I don't care what anybody says about the previous presidents. All I know is the past 8 years have been the worst years for this country in a very long time, if not ever. And it just may be a coincidence that bush was behind the wheel. Nevertheless, hopefully the next president can clean up this god awful mess.

Neither Mccain nor O Bama can fix the economy. It has to runs its course. It isn't the Prezs fault mostly. Mostly its just greed.
This is a very interesting economic theory that a guy that consults for Pawn Sops all over the world told me about. Wall street has been consulting with him on the economy. Paying him BIG BIG bucks. He opened my eyes when he told me about Kondratiev.
Kondratiev wave - Wikipedia, the free encyclopedia

[GasGuzzler]

All that K-curve stuff goes out the window once the government gets involved in the market...yep, it started down hill in 1933. Problem is, it's a parabolic downturn.

[ff_jeff]

I believe if one man can make war with another country, for any reason, that the same man can fix the problems of the country that he leads. I also believe that letting the banks fall would hurt the economy, but given them a tit to suck on because their greed finally got them is even worse for us. Let them fall, spend that money on another plan like a better stimulus or even a whole new financial system. If a wolf gets caught in a snare, it has a choice. Severe its own leg and live... or wait until it dies.

[txarkitekt]

many of the banks fail, while those in favor of the bill paint an extreme picture comparable to the great depression nobody really knows.

the credit industries falsely inflated the economy, now their bubble has bursted, i think its a good thing that we go back to times when people didnt buy what they cant afford.

+2