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Jean Smith Jean Smith is offline
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Default Paulson begins wrapping his gift to FRAUD Street

In article ,
wrote:

On Thu, 25 Sep 2008 06:35:12 -0500, "HeyBub"
wrote:

The "reform" was taking it out of government supervision combining
them into an even bigger bureaucratic entity. . Sheesh.


You are correct that the American Dream Downpayment act contributed. But
only at the margins. This was a mere $200 million per year program and for
the five years since its inception accounted for, at most, $1 billion.


200,000 mortgages.


It shows you that they were at work after all.

--
C-SPAN3?
http://inside.c-spanarchives.org:808.../schedule.csp?
http://www.cnn.com/2008/POLITICS/09/...out/index.html
http://www.humanevents.com/article.php?id=28670
Oops: http://openthread.dailykos.com/story...735/868/609334