picflight_IHB
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<strong>Fannie, Freddie rescue pushes housing aid</strong><span style="font-size: 13px;"></span>
'Lawmakers have little choice but to give the government power to send a lifeboat to the two companies to prevent an election-year economy from drowning in mortgage defaults. The quicker they do it, the sooner 400,000 strapped homeowners could get new, cheaper loans instead of losing their homes.'
This is outrageous, using tax payer money to reward illegal mortgage activity and aid irresponsible financial decisions.
What can we do to stop this?
<a href="http://ap.google.com/article/ALeqM5hTPEQZyeqPg80iIH0uvvPz6Lz3mgD91TS9G80">http://ap.google.com/article/ALeqM5hTPEQZyeqPg80iIH0uvvPz6Lz3mgD91TS9G80</a>
'Lawmakers have little choice but to give the government power to send a lifeboat to the two companies to prevent an election-year economy from drowning in mortgage defaults. The quicker they do it, the sooner 400,000 strapped homeowners could get new, cheaper loans instead of losing their homes.'
This is outrageous, using tax payer money to reward illegal mortgage activity and aid irresponsible financial decisions.
What can we do to stop this?
<a href="http://ap.google.com/article/ALeqM5hTPEQZyeqPg80iIH0uvvPz6Lz3mgD91TS9G80">http://ap.google.com/article/ALeqM5hTPEQZyeqPg80iIH0uvvPz6Lz3mgD91TS9G80</a>