Posted on February 20, 2009 at 10:00pm
Wow, I have to tell you, this is really quite a brilliant plan that Obama has!
So, first the government forces Fannie and Freddie to lend money to people who couldn't afford it.
Then, they virtually go bankrupt because well, the people couldn't afford to pay their loans. Imagine that? Whodathunkit?
So We bail out Fannie and Freddie.
Then... gosh, we get all these foreclosures and the housing market gets whacked.
So whats the plan? Obama makes… Continue