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A Mortgage Fable

Discussion in 'Political Discussion' started by patsfan13, Sep 23, 2008.

  1. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Good article from the WSJ on the current situation:

    A Mortgage Fable - WSJ.com


    Good old Barney, still wants to keep writing sub prime mortgages...:rolleyes:
  2. PatriotsReign

    PatriotsReign On the Roster

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    I'll agree that Barney Frank is an idiot. I've emailed him about 6 times in the last month demanding he stop trying to fix housing and let it bottom out. he doesn't realize it can't be fixed through policy.

    too many of our politicians have forgotten we live in a free-market capitalistic society. They want to put their hands in everything. Capitalism can't work when government steps in...I think we've seen enough proof of that.

    Even economic stimulus checks are stupid, but I bet there will be another one coming soon.

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