Belmont Club

By Richard Fernandez

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Forget the Hope, Just Blame Someone

August 24, 2010 - 3:16 pm - by Richard Fernandez
Charles
2010-08-24 15:56:48

Finally, Barney Frank Confesses
08.24.2010 – 10:40 AM

Barney Frank admits it wasn’t such a good idea to foist mortgages on people who couldn’t pay for them. Now he wants fold up fannie and freddie.

Not sure if the solution is to take out Fannie & Freddie. Fannie and Freddie did a good job for the middle class for many decades–before they were debased starting a decade or two ago.