Relevant:
- Disingenuous Begging By Paulson
- The failed mission of the FHA -- supporting high home prices rather than affordability
- CNN Money On Small Business Lending
- The Real Debate: Crony Socialism or Economic Sovereignty?
- Are Irish Taxpayers About To Bail Out Goldman? Is Peter Sutherland Stealing From His Own People To Give To The Vampire Squid?
2008-03-04 — blogspot.com
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The Mission of the FHA was to provide affordable housing. How could it possibly have failed more than it did? In fact, it has failed so badly, that the proposed new mission is to bail out banks that made poor lending decisions to people who could not afford to buy houses.''
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