McCotter: "Democrats, Don't Roll Over Us. Work With Us"
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Ahh. The administration won't listen to the minority party. What a surprise.
Schadenfreude, my friend. Look it up.
EROX07 2 years ago
Change Sarbanes-Oxley rule of Mark to Market and you solve 60% of the problem. Extend the FHA insurance to sub-prime loans temporarily and the market freeze on credit will thaw. Most sub-prime loans will not default. This way we are we are guaranteeing the loans instead of buying them. These two things would solve 95% of the problem. Insured mortgages would then be marketable. The congress thinks we're stupid. NOT. Dem, Repubs, Indeps you vote for this I don't vote for you. PERIOD.
Cagirlde 3 years ago