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By Richard Fernandez

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How the subprime mortgage collapse happened

October 12, 2008 - 3:18 am - by Richard Fernandez
nobozons
2008-10-12 06:27:38

I’m afraid that the impact of Fannie and Freddie are missing. Twenty years ago this couldn’t happen, the impact of the democrat congress and president is missing. Guess what these laws are still on the books. Don’t pay your taxes if they aren’t repealed.